ALDRIDGE EDUCATION

PaymentCheck Score 2025
76Good
6.8vs last year
#2239 in UK
#942 in London

Company Information

Company Number
05670663
Registered Address
Duke's Aldridge Academy, Trulock Road, London, England, N17 0PG
Status
Active
Employee Count
827
Turnover
£51,443,000
EBITDA
-£66,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
10 January 2006
Nature of Business
85200 - Primary education
85310 - General secondary education
85320 - Technical and vocational secondary education
85410 - Post-secondary non-tertiary education
Industries
Education
Region
London

Time to Pay

Average Time to Pay
20 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:365 days

Payment Timeline

Within 30 Days
85%
31-60 Days
13%
After 60 Days
2%
Not Paid Within Terms32%

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)

Company Review

Trend Analysis

Since September 2017, ALDRIDGE EDUCATION has shown a consistent decrease in the average time taken to pay invoices. This trend continues until August 2020, where there is a sudden drop in the average time to pay. From September 2020, the trend then shifts to a slight increase in the average time to pay, although it remains relatively low compared to previous periods.

Volatility Analysis

There is a significant decrease in the average time taken to pay invoices between September 2017 and August 2020, with a decrease of 20 days. From September 2020, there is a slight increase in volatility, with fluctuations in the average time to pay. However, the overall trend remains relatively stable, with the average time to pay remaining between 16-21 days for the last four periods.

Summary Analysis

From September 2017 to August 2020, ALDRIDGE EDUCATION has consistently decreased the average time taken to pay invoices, with a decrease of 17 days. During this period, there was also an improvement in the percentage of invoices paid within 30 days, with an increase of 31%. However, from September 2020 to February 2023, there is a slight increase in the average time to pay, with an increase of 4 days. The percentage of invoices paid within 30 days also decreases by 5%, while the percentage of invoices paid later than 60 days increases by 6%. Overall, there is still a significant improvement compared to the first period analyzed.

Performance Reports History

Reporting Period Filed: 2023-09-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2025 - 31 Aug 202501 Sept 20253174%20%6%26%
01 Sept 2024 - 28 Feb 202513 Mar 20253171%22%7%29%
01 Sept 2023 - 29 Feb 202405 Mar 20241789%9%2%57%
01 Mar 2023 - 31 Aug 202327 Sept 20232085%13%2%32%
01 Sept 2022 - 28 Feb 202327 Mar 20231787%11%2%23%
01 Mar 2022 - 31 Aug 202229 Sept 20222180%18%2%31%
01 Sept 2021 - 28 Feb 202222 Mar 20221685%14%1%24%
01 Mar 2021 - 31 Aug 202106 Sept 20211883%15%2%30%
01 Sept 2020 - 28 Feb 202126 Mar 20211882%15%3%25%
01 Mar 2020 - 31 Aug 202026 Mar 20212180%17%3%30%
01 Sept 2019 - 29 Feb 202010 Mar 20204932%49%19%75%
01 Mar 2019 - 31 Aug 201920 Sept 20195027%56%17%75%
01 Sept 2018 - 28 Feb 201919 Mar 20195021%58%22%80%
01 Mar 2018 - 31 Aug 201828 Sept 20183251%40%9%49%
01 Sept 2017 - 28 Feb 201829 Mar 20183851%37%12%49%

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

Next payment date after invoice is 30 days old

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

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

365

Dispute Resolution Process

Talk to supplier Communicate with supplier in writing Meet supplier Reach agreement with supplier if possible If necessary, escalate to relevant authority

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

ALDRIDGE EDUCATION is a multi-academy trust that was founded in 2016 by Sir Rod Aldridge, the former executive chairman of Capita plc. The trust operates a network of nine schools across England, providing high-quality education to over 10,000 students.

One of the key focuses of ALDRIDGE EDUCATION is sustainability. The trust has a dedicated sustainability program, which aims to promote environmental awareness and responsibility among its students and staff. This program includes initiatives such as recycling, energy and water conservation, and promoting sustainable transportation methods.

In addition to its sustainability program, ALDRIDGE EDUCATION also offers a range of products and services to support its schools and students. This includes a comprehensive curriculum, professional development for teachers, and innovative technology solutions to enhance learning.

The trust is led by CEO Jane Fletcher, who has over 25 years of experience in education. She is supported by a team of experienced education professionals who are committed to providing the best education for their students.

For more information on ALDRIDGE EDUCATION, including its sustainability initiatives and products and services, visit their website at www.aldridgeeducation.org. The trust's registered office address is in the UK at Capita House, 17 Rochester Row, London, SW1P 1QT.

Financial Metrics

Cash
£5,788,000
Net Worth
£99,992,000
Total Current Assets
£7,460,000
Total Current Liabilities
£4,124,000

Company Location