NORTHUMBERLAND CHURCH OF ENGLAND ACADEMY TRUST

PaymentCheck Score 2024
59Fair
0.1vs last year
#3852 in UK
#143 in Education
#67 in North East

Company Information

Company Number
06653439
Registered Address
Josephine Butler Campus, Academy Road, Ashington, Northumberland, NE63 9FZ
Status
Active
Employee Count
480
Turnover
£21,275,000
EBITDA
£189,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
22 July 2008
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
85320 - Technical and vocational secondary education
Industries
Education
Region
North East

Time to Pay

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

Payment Timeline

Within 30 Days
46%
31-60 Days
51%
After 60 Days
3%
Not Paid Within Terms64%

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)

Company Review

Trend Analysis

The average time to pay for Northumberland Church of England Academy Trust has been decreasing over the past three periods, with the most recent period (2023-09-01 to 2024-02-29) having the lowest average time to pay at 28 days. This indicates that the company has been paying invoices more quickly over time.

Volatility Analysis

The volatility of Northumberland Church of England Academy Trust's payment time has been relatively low, with the average time to pay staying within a range of 11 days (from 28 days to 39 days) over the past three periods.

Performance Reports History

Reporting Period Filed: 2023-10-01
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202418 Mar 20243248%48%4%63%
01 Mar 2023 - 31 Aug 202301 Oct 20233246%51%3%64%
01 Sept 2022 - 28 Feb 202328 Mar 20233250%46%4%61%
01 Mar 2022 - 31 Aug 202230 Sept 20223540%54%6%67%
01 Sept 2021 - 28 Feb 202205 Apr 20224152%41%7%55%
01 Mar 2021 - 31 Aug 202114 Oct 20214141%43%16%66%
01 Sept 2020 - 28 Feb 202125 Mar 20214351%31%18%52%
01 Mar 2020 - 31 Aug 202027 Sept 20204932%46%22%75%
01 Sept 2019 - 29 Feb 202023 Mar 20203935%58%7%74%
01 Mar 2019 - 31 Aug 201930 Sept 20194236%50%14%74%
01 Sept 2018 - 28 Feb 201903 Sept 20194229%61%10%79%
01 Mar 2018 - 31 Aug 201803 Sept 20196413%50%37%93%
01 Sept 2017 - 28 Feb 201803 Sept 20195926%39%35%81%

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 terms are 30 days from invoice date unless alternative terms are agreed. We do not impose any payment terms on our suppliers.

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

The CFO deals with any disputes around payments. Most disputes are around goods not arriving, damaged goods or items missing from an order. The CFO liaises with a supplier or the person who placed the original order to resolve the dispute as quickly as possible.

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 Northumberland Church of England Academy Trust (NCEAT) is a multi-academy trust based in the North East of England. It was established in 2012 and currently oversees nine schools in the Northumberland area.

One of the key focuses of NCEAT is sustainability. The trust has implemented various initiatives to reduce its carbon footprint and promote environmental responsibility. This includes investing in energy-efficient technology, promoting recycling and reducing paper usage in schools, and encouraging sustainable transport methods for staff and students.

NCEAT offers a range of products and services to its member schools, including financial management, human resources support, and curriculum development. The trust also provides opportunities for collaboration and sharing of best practices among the schools.

The key people involved in NCEAT include the Chief Executive Officer, who provides strategic leadership and direction for the trust, and the Board of Directors, who oversee the overall governance and management of the trust. Each school within the trust also has its own headteacher and governing body.

For more information on NCEAT, their website address is www.ncea.org.uk. Their registered office address is NCEA House, Prestwick Park, Ponteland, Newcastle upon Tyne, NE20 9BX.

Financial Metrics

Cash
£1,191,000
Net Worth
£45,795,000
Total Current Assets
£1,931,000
Total Current Liabilities
£1,582,000

Company Location