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.
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.
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.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Sept 2025 - 28 Feb 2026 | 06 Mar 2026 | 31 | 76% | 16% | 8% | 24% |
| 01 Mar 2025 - 31 Aug 2025 | 01 Sept 2025 | 31 | 74% | 20% | 6% | 26% |
| 01 Sept 2024 - 28 Feb 2025 | 13 Mar 2025 | 31 | 71% | 22% | 7% | 29% |
| 01 Mar 2024 - 31 Aug 2024 | 13 Sept 2024 | 16 | 88% | 11% | 1% | 12% |
| 01 Sept 2023 - 29 Feb 2024 | 05 Mar 2024 | 17 | 89% | 9% | 2% | 57% |
| 01 Mar 2023 - 31 Aug 2023 | 27 Sept 2023 | 20 | 85% | 13% | 2% | 32% |
| 01 Sept 2022 - 28 Feb 2023 | 27 Mar 2023 | 17 | 87% | 11% | 2% | 23% |
| 01 Mar 2022 - 31 Aug 2022 | 29 Sept 2022 | 21 | 80% | 18% | 2% | 31% |
| 01 Sept 2021 - 28 Feb 2022 | 22 Mar 2022 | 16 | 85% | 14% | 1% | 24% |
| 01 Mar 2021 - 31 Aug 2021 | 06 Sept 2021 | 18 | 83% | 15% | 2% | 30% |
| 01 Sept 2020 - 28 Feb 2021 | 26 Mar 2021 | 18 | 82% | 15% | 3% | 25% |
| 01 Mar 2020 - 31 Aug 2020 | 26 Mar 2021 | 21 | 80% | 17% | 3% | 30% |
| 01 Sept 2019 - 29 Feb 2020 | 10 Mar 2020 | 49 | 32% | 49% | 19% | 75% |
| 01 Mar 2019 - 31 Aug 2019 | 20 Sept 2019 | 50 | 27% | 56% | 17% | 75% |
| 01 Sept 2018 - 28 Feb 2019 | 19 Mar 2019 | 50 | 21% | 58% | 22% | 80% |
| 01 Mar 2018 - 31 Aug 2018 | 28 Sept 2018 | 32 | 51% | 40% | 9% | 49% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 38 | 51% | 37% | 12% | 49% |
This information is as reported by the business, and responses are in their own words.
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 information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
365
Talk to supplier Communicate with supplier in writing Meet supplier Reach agreement with supplier if possible If necessary, escalate to relevant authority
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Aldridge Education is an academy trust registered in England, providing primary, secondary, technical and vocational education. Companies House records list its registered office at Duke's Aldridge Academy in Tottenham, London, one of the schools operating under the Aldridge Education family of academies. The school's own website describes itself as part of this group, offering secondary education to the local community with a focus on inclusive learning, careers guidance and pastoral support. The trust's activity centres on running state schools rather than any commercial enterprise, delivering the national curriculum alongside enrichment programmes, careers education and wellbeing support for pupils across the academies it oversees.
Generated from the company's website and Companies House records. Sources: dukesacademy.org.uk