THE PRIORY FEDERATION OF ACADEMIES

PaymentCheck Score 2025
82Good
1.1vs last year
#1583 in UK
#46 in East Midlands

Company Information

Company Number
06462935
Registered Address
23 Cross O'Cliff Hill, Lincoln, Lincolnshire, LN5 8PW
Status
Active
Employee Count
1,345
Turnover
£64,822,000
EBITDA
£1,604,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
3 January 2008
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
85410 - Post-secondary non-tertiary education
Industries
Coming Soon
Region
East Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
84%
31-60 Days
13%
After 60 Days
3%
Not Paid Within Terms31%

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: 2025-03-25
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 202525 Mar 20252884%13%3%31%
01 Sept 2023 - 29 Feb 202421 Mar 20243181%12%7%33%
01 Mar 2023 - 31 Aug 202328 Sept 20233181%13%6%32%
01 Sept 2022 - 28 Feb 202327 Mar 20233083%11%6%30%
01 Mar 2022 - 31 Aug 202217 Oct 20223282%11%7%32%
01 Sept 2021 - 28 Feb 202221 Mar 20223082%12%6%33%
01 Mar 2021 - 31 Aug 202124 Sept 20213184%11%5%31%
01 Sept 2020 - 28 Feb 202123 Mar 20213372%20%8%42%
01 Mar 2020 - 31 Aug 202024 Sept 20203374%18%8%40%
01 Sept 2018 - 28 Feb 201929 Mar 20194344%43%13%72%

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

30 days from the invoice date assuming a valid purchase order number is quoted on the invoice and that goods and services have been satisfactorily received.

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

30

Dispute Resolution Process

An initial complaint or concern needs to be entered into writing to our purchasing department at purchasing@prioryacademies.co.uk. The purchasing department will then proceed to carry out the necessary investigations.

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 Priory Federation of Academies is a group of academies located in Lincolnshire, England, providing education for students aged 3 to 19 years old. The federation is committed to providing high-quality education, while also promoting sustainability and environmental awareness.

Under the sustainability program, the federation has implemented various initiatives to reduce their carbon footprint, such as installing solar panels, using energy-efficient lighting, and promoting recycling and waste reduction. They also have a "Green Team" made up of students and staff who work together to raise awareness and implement sustainable practices within the academies.

The federation offers a range of products and services, including a broad and balanced curriculum, extracurricular activities, and support for students with special educational needs. They also have a strong focus on promoting personal, social, and emotional well-being, with various programs in place to support students' mental health.

The key people leading the federation include the CEO, Mr. David Robinson, and the Board of Directors. The federation also has a team of dedicated teachers, support staff, and governors who work together to ensure the best education and opportunities for their students.

For more information on The Priory Federation of Academies, their website is www.prioryacademies.co.uk. The registered office address is The Priory City of Lincoln Academy, Skellingthorpe Road, Lincoln, LN6 0EP.

Financial Metrics

Cash
£10,461,000
Net Worth
£129,457,000
Total Current Assets
£16,073,000
Total Current Liabilities
£5,370,000

Company Location