Score of 88.04/100 qualifies for PaymentCheck Certification
| 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 | 31 Mar 2026 | 15 | 94% | 6% | 0% | 0% |
| 01 Mar 2025 - 31 Aug 2025 | 26 Sept 2025 | 24 | 76% | 22% | 2% | 2% |
| 01 Sept 2024 - 28 Feb 2025 | 04 Mar 2025 | 25 | 89% | 11% | 0% | 4% |
| 01 Mar 2024 - 31 Aug 2024 | 25 Sept 2024 | 35 | 20% | 23% | 57% | 24% |
| 01 Aug 2023 - 29 Feb 2024 | 11 Jul 2024 | 70 | 35% | 20% | 45% | 35% |
| 01 Mar 2020 - 31 Aug 2020 | 20 Oct 2020 | 36 | 67% | 23% | 11% | 41% |
| 01 Sept 2019 - 29 Feb 2020 | 31 Mar 2020 | 38 | 65% | 22% | 13% | 41% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 37 | 63% | 26% | 11% | 43% |
| 01 Sept 2018 - 28 Feb 2019 | 15 Apr 2019 | 38 | 64% | 24% | 12% | 41% |
| 01 Mar 2018 - 31 Aug 2018 | 15 Apr 2019 | 34 | 64% | 23% | 13% | 41% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
N/A
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
Please refer to our complaints policy here: https://www.futureacademies.org/Policies/
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Future Academies is a multi academy trust operating a family of eleven primary and secondary academies across London and Hertfordshire. It is registered as an exempt charitable company, guided by a founding charity, with the stated mission of improving life chances and broadening horizons for young people through education. The trust oversees academies including Ashtree Primary, Barclay Academy, Future Academies Watford, Gracewood Academy, Laureate Academy, Millbank Gardens Primary Academy, Phoenix Academy, Pimlico Primary Academy, Pimlico Academy, The Grange Academy and Trinity Academy. Its registered office is at Pimlico Academy. The company provides primary and secondary education services and also supports governance, finance and enrichment programmes across its academies.
Generated from the company's website and Companies House records. Sources: futureacademies.org · futureacademies.org