THOMAS DEACON EDUCATION TRUST

PaymentCheck Score 2025
60Fair
0.2vs last year
#3078 in UK
#91 in Care Services
#198 in East of England

Company Information

Company Number
05090788
Registered Address
The Thomas Deacon Academy, Queens Gardens, Peterborough, Cambridgeshire, PE1 2UW
Status
Active
Employee Count
828
Turnover
£45,535,000
EBITDA
£1,703,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
1 April 2004
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
Industries
Care Services, Education
Region
East of England

Time to Pay

Average Time to Pay
40 days
Shortest Period:25 days
Longest Period:56 days
Max Contractual:56 days

Payment Timeline

Within 30 Days
37%
31-60 Days
54%
After 60 Days
9%
Not Paid Within Terms18%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-03-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202527 Mar 20254037%54%9%18%
01 Sept 2023 - 29 Feb 202422 Mar 20244036%55%9%19%
01 Mar 2023 - 31 Aug 202328 Sept 20233840%54%6%14%
01 Sept 2022 - 28 Feb 202323 Mar 20234433%55%12%23%
01 Mar 2022 - 31 Aug 202230 Sept 20224336%55%9%18%
01 Sept 2021 - 28 Feb 202225 Mar 20224431%55%14%24%
01 Mar 2021 - 31 Aug 202128 Sept 20214936%54%10%18%
01 Sept 2020 - 28 Feb 202130 Mar 20214830%54%16%24%
01 Mar 2020 - 31 Aug 202029 Sept 20204742%42%16%27%
01 Sept 2018 - 28 Feb 201927 Mar 20194134%57%9%19%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Payable on the 25th of the month following the month in which the invoice was dated.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

56

Dispute Resolution Process

Initial contact is with the central finance team. Appropriate queries from suppliers are raised with the respective budget managers within the Trust. Following resolution to the query, which may take up to 10 days, we will either: - Revert back to the supplier with validated reasons for non-payment; - Include payment with the due payments on the next available payment run.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

The Thomas Deacon Education Trust (TDET) is a multi-academy trust based in Peterborough, UK. It was founded in 2016 and currently oversees 17 schools, including primary, secondary, and special schools.

Sustainability is a key focus for TDET, and they have implemented various initiatives to reduce their environmental impact and promote sustainable practices. This includes using renewable energy sources, reducing waste, and promoting eco-friendly transportation options for staff and students.

TDET offers a range of products and services to support their schools, including financial management, human resources, and IT support. They also provide training and development opportunities for staff, as well as programs to support student wellbeing and achievement.

The trust is led by a board of trustees, including the CEO and Executive Principal, Julie Taylor. The registered office address is TDET, The Thomas Deacon Academy, Queen's Gardens, Peterborough, PE1 2UW. Their website address is https://www.tdet.education/, where more information about their activities and services can be found. TDET is committed to providing high-quality education and support for their schools and promoting sustainability in their operations.

Financial Metrics

Cash
£6,938,000
Net Worth
£53,054,000
Total Current Assets
£8,387,000
Total Current Liabilities
£3,028,000

Company Location