E-ACT
Company Information
- Company Number
- 06526376
- Registered Address
- The Orangery, 28 Headlands, Kettering, England, NN15 7HP
- Status
- Active
- Employee Count
- 2,562
- Turnover
- £174,177,000
- EBITDA
- £33,550,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 6 March 2008
- Nature of Business
- 85590 - Other education not elsewhere classified88990 - Other social work activities without accommodation not elsewhere classified
- Industries
- Care Services, Education
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2024 - 28 Feb 2025 | 31 Mar 2025 | 42 | 40% | 46% | 14% | 60% |
| 01 Sept 2023 - 29 Feb 2024 | 28 Mar 2024 | 36 | 60% | 31% | 9% | 46% |
| 01 Mar 2023 - 31 Aug 2023 | 29 Sept 2023 | 33 | 74% | 18% | 8% | 26% |
| 01 Sept 2022 - 28 Feb 2023 | 30 Mar 2023 | 36 | 71% | 17% | 12% | 30% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 35 | 65% | 26% | 9% | 39% |
| 01 Sept 2021 - 28 Feb 2022 | 14 Mar 2022 | 34 | 67% | 23% | 10% | 37% |
| 01 Mar 2021 - 31 Aug 2021 | 29 Sept 2021 | 35 | 69% | 22% | 9% | 36% |
| 01 Sept 2020 - 28 Feb 2021 | 12 Mar 2021 | 29 | 68% | 24% | 8% | 32% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 50 | 57% | 23% | 20% | 43% |
| 01 Sept 2018 - 28 Feb 2019 | 25 Mar 2019 | 40 | 57% | 28% | 15% | 43% |
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
Standard payment days are 30 days from invoice date subject to satisfactory receipt of goods / services. However E-ACT will aim to pay suppliers on its next scheduled payment run after an invoice is approved for payment.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
As noted above, E-ACT will aim to pay suppliers on its next scheduled payment run after an invoice is approved for payment.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Disputes would escalate through reporting levels of the finance team, via transactional teams, the Financial Controller, the Chief Financial Officer and then the Chief Executive, bearing in mind their respective delegated authority levels, until resolution was reached. The E-ACT procurement team would support the process.
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
E-ACT is a UK-based multi-academy trust that aims to provide high-quality education to children and young adults. It operates over 25 schools across England, serving over 14,000 students.
One of the key activities of E-ACT is its sustainability program. The trust is committed to reducing its environmental impact and promoting sustainability in its schools. This includes implementing energy-efficient measures, promoting recycling and waste reduction, and educating students on environmental issues.
E-ACT also offers a range of products and services to support its schools and students. This includes professional development programs for teachers, educational resources, and support for students with special educational needs.
The key people involved in E-ACT include the trust's CEO, Sir David Carter, and its board of directors. They work closely with school leaders and staff to ensure the trust's values and goals are met.
For more information on E-ACT and its activities, interested parties can visit their website at https://www.e-act.org.uk/. The registered office address for E-ACT is E-ACT, 3rd Floor, Bridge Gate House, Fry Street, Wolverhampton, WV1 1HT.
