LIFT SCHOOLS
Company Information
- Company Number
- 06625091
- Registered Address
- 163 Eversholt Street, London, England, NW1 1BU
- Status
- Active
- Employee Count
- 319
- Turnover
- £290,714,000
- EBITDA
- £12,155,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 19 June 2008
- Nature of Business
- 85200 - Primary education85310 - General secondary education85320 - Technical and vocational secondary education85410 - Post-secondary non-tertiary education
- Industries
- Education
- Region
- London
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 | 28 Mar 2025 | 27 | 77% | 16% | 7% | 5% |
| 01 Sept 2022 - 28 Feb 2023 | 24 Mar 2023 | 39 | 71% | 16% | 13% | 32% |
| 01 Mar 2022 - 31 Aug 2022 | 28 Sept 2022 | 29 | 84% | 9% | 7% | 20% |
| 01 Sept 2021 - 28 Feb 2022 | 25 Mar 2022 | 25 | 83% | 11% | 6% | 20% |
| 01 Mar 2021 - 31 Aug 2021 | 28 Sept 2021 | 23 | 85% | 9% | 6% | 19% |
| 01 Sept 2020 - 28 Feb 2021 | 23 Mar 2021 | 26 | 80% | 13% | 7% | 27% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 27 | 78% | 12% | 10% | 30% |
| 01 Sept 2018 - 28 Feb 2019 | 27 Mar 2019 | 26 | 75% | 19% | 6% | 34% |
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
Unless otherwise stated in the Order Lift Schools shall pay the price of the goods and the services within 30 days after receipt by Lift Schools of a proper invoice or, if later, after acceptance of the goods or services in question by Lift Schools.
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
Escalated to senior management within Lift Schools and the management of the supplying company.
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
ACADEMIES ENTERPRISE TRUST is a UK-based organization that operates a network of over 60 academies across England. The trust was established in 2008 with the aim of transforming education and improving the life chances of young people.
The trust offers a wide range of educational services, including primary and secondary education, sixth form education, and alternative provision for students who require additional support. They also provide teacher training and professional development programs for their staff.
One of the key focuses of ACADEMIES ENTERPRISE TRUST is sustainability. The trust is committed to reducing their environmental impact and promoting sustainable practices within their academies. They have implemented various initiatives, such as reducing energy consumption, promoting recycling, and using sustainable materials in their buildings.
The trust also offers various products and services to support their academies and other schools. This includes financial management, HR and recruitment services, and IT support. They also provide access to a wide range of educational resources and tools to support teaching and learning.
The key people at ACADEMIES ENTERPRISE TRUST include the Chief Executive Officer, Julian Drinkall, and the Chair of the Board of Trustees, Ian Comfort. The trust is governed by a Board of Trustees, which includes representatives from their academies, as well as independent trustees.
For more information about ACADEMIES ENTERPRISE TRUST and their services, you can visit their website at www.academiesenterprisetrust.org. Their registered office address is 9th Floor, 151 Buckingham Palace Road, London SW1W 9SZ.
