ORMISTON ACADEMIES TRUST
Company Information
- Company Number
- 06982127
- Registered Address
- Unit G.05b - Assay Studios, 141 Newhall Street, Birmingham, West Midlands, United Kingdom, B3 1SF
- Status
- Active
- Employee Count
- 4,791
- Turnover
- £304,094,000
- EBITDA
- £48,053,000
Additional Details
- Website
- https://oatcareers.co.uk/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 5 August 2009
- Nature of Business
- 85200 - Primary education85310 - General secondary education85600 - Educational support services
- Industries
- Education,Professional Services
- Region
- West 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 | 04 Apr 2025 | 27 | 79% | 13% | 8% | 26% |
| 01 Sept 2023 - 29 Feb 2024 | 22 Mar 2024 | 31 | 79% | 12% | 9% | 18% |
| 01 Mar 2023 - 31 Aug 2023 | 29 Sept 2023 | 30 | 77% | 14% | 9% | 30% |
| 01 Sept 2022 - 28 Feb 2023 | 15 May 2023 | 34 | 74% | 14% | 12% | 30% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 29 | 76% | 15% | 9% | 30% |
| 01 Sept 2021 - 28 Feb 2022 | 29 Mar 2022 | 27 | 75% | 15% | 10% | 32% |
| 01 Mar 2021 - 31 Aug 2021 | 29 Sept 2021 | 25 | 84% | 11% | 5% | 18% |
| 01 Sept 2020 - 28 Feb 2021 | 24 Mar 2021 | 31 | 75% | 18% | 7% | 27% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 33 | 73% | 18% | 9% | 27% |
| 01 Sept 2019 - 29 Feb 2020 | 19 Mar 2020 | 32 | 71% | 20% | 9% | 32% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 28 | 70% | 22% | 8% | 33% |
| 01 Sept 2018 - 28 Feb 2019 | 27 Mar 2019 | 33 | 69% | 22% | 9% | 35% |
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
No standard payment terms, however 30 day terms apply for most suppliers
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
Disputes are dealt with by the local academy finance teams for matters relating to academy purchases and by the central finance team for matters relating to central/Trust purchases.
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
ORMISTON ACADEMIES TRUST (OAT) is a multi-academy trust in the United Kingdom that manages a network of 40 primary and secondary schools. The trust was founded in 2009 and is based in Birmingham.
OAT is committed to providing high-quality education to all students, regardless of their background or circumstances. The trust aims to create a positive and inclusive learning environment, where students can thrive academically, socially, and emotionally.
One of the key focus areas of OAT is sustainability. The trust has implemented various initiatives to promote sustainability in its schools, such as reducing carbon emissions, promoting recycling and waste reduction, and increasing energy efficiency. OAT also encourages its schools to incorporate sustainability into their curriculum and to educate students on environmental issues.
OAT offers a range of products and services to its schools, including financial support, HR and legal services, and educational resources. The trust also provides training and development opportunities for its staff, ensuring that they are equipped with the skills and knowledge to deliver high-quality education.
The key people at OAT include the Chief Executive Officer, Nick Hudson, and the Board of Trustees, who are responsible for the strategic direction and governance of the trust. Each school within the trust also has its own Headteacher and Governing Body.
For more information on OAT, including its sustainability program, products and services, and key personnel, visit their website at www.ormistonacademiestrust.co.uk. The registered office address is Ormiston Academies Trust, OAT House, 2 Barnard Street, Birmingham, B9 4TX.
