OAKHAM SCHOOL

PaymentCheck Score 2025
100Excellent
12.5vs last year
#81 in UK
#1 in Education
#3 in East Midlands

Company Information

Company Number
06924216
Registered Address
Chapel Close, Market Place, Oakham, Rutland, LE15 6DT
Status
Active
Employee Count
580
Turnover
£33,674,000
EBITDA
£3,523,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
4 June 2009
Nature of Business
85310 - General secondary education
Industries
Education
Region
East Midlands

Time to Pay

Average Time to Pay
12 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
99%
31-60 Days
1%
After 60 Days
0%
Not Paid Within Terms0%

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: 2025-04-07
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 202507 Apr 20251299%1%0%0%
01 Sept 2023 - 29 Feb 202414 Mar 20242285%4%11%15%
01 Sept 2022 - 28 Feb 202321 Mar 20233465%26%9%35%
01 Mar 2022 - 31 Aug 202230 Sept 20223954%33%13%46%
01 Sept 2021 - 28 Feb 202204 Apr 20223746%44%10%54%
01 Mar 2021 - 31 Aug 202114 Oct 20213068%26%6%32%
01 Sept 2020 - 28 Feb 202124 Mar 20213269%25%7%31%
01 Mar 2020 - 31 Aug 202025 Sept 20203951%37%12%49%
01 Sept 2018 - 28 Feb 201929 Mar 20192683%12%5%17%

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

The most frequently used payment terms for qualifying contracts is 30 days from invoice date. In relation to construction projects, the shortest period is 7 days from invoice date, where requested by the contractor.

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

60

Dispute Resolution Process

Any complaints, concerns or queries are considered initially by the Purchase Ledger department as a matter of urgency. They can be contacted via purchaseledger@oakham.rutland.sch.uk or via telephone on 01572 758719. Where the matter cannot immediately be resolved it is escalated to the Finance Bursar who can be contacted on 01572 758835.

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

OAKHAM SCHOOL is a renowned independent co-educational boarding and day school located in the market town of Oakham, Rutland, England. The school was founded in 1584 and has a rich history of providing high-quality education to students from all over the world.

The school offers a wide range of academic and extracurricular activities, including sports, arts, music, and community service. The school is known for its strong focus on sustainability and has implemented various initiatives to reduce its environmental impact.

One of the key sustainability programs at OAKHAM SCHOOL is the "Green Team," a student-led group that promotes eco-friendly practices within the school community. The school also has a "Green Code" that outlines its commitment to sustainability and encourages students and staff to make environmentally responsible choices.

In terms of products and services, OAKHAM SCHOOL offers a diverse curriculum with a strong emphasis on academic excellence. The school also has state-of-the-art facilities, including modern classrooms, sports facilities, and a performing arts center. Additionally, the school provides boarding options for students who live outside of the local area.

The key people at OAKHAM SCHOOL include the Headmaster, Nigel Lashbrook, and the Board of Governors, who oversee the overall management of the school. The school also has a dedicated team of teachers and staff who are committed to providing a supportive and nurturing learning environment for students.

For more information on OAKHAM SCHOOL, including admissions, fees, and upcoming events, interested individuals can visit the school's official website at www.oakham.rutland.sch.uk. The registered office address for the school is The Chapel, Oakham School, Chapel Close, Oakham, Rutland, LE15 6DT, United Kingdom.

Financial Metrics

Cash
£9,707,000
Net Worth
£30,146,000
Total Current Assets
£10,624,000
Total Current Liabilities
£9,501,000

Company Location