UNIVERSITY OF BRIGHTON ACADEMIES TRUST

PaymentCheck Score 2023
49Poor
20.3vs last year
#4277 in UK
#699 in South East

Company Information

Company Number
07185046
Registered Address
The Burgess Hill Academy, Station Road, Burgess Hill, West Sussex, England, RH15 9EA
Status
Active
Employee Count
1,166
Turnover
£53,414,000
EBITDA
£233,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
10 March 2010
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
Industries
Coming Soon
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
41%
31-60 Days
42%
After 60 Days
17%
Not Paid Within Terms63%

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 taken for University of Brighton Academies Trust to pay invoices has increased over the past three periods, from 29 days in 2017-2019 to 46 days in 2022-2023. However, there was a slight decrease in 2021-2022 to 36 days.

Volatility Analysis

The percentage of invoices paid within 30 days has fluctuated over the past three periods, with a high of 80% in 2019-2020 and a low of 41% in 2022-2023. The percentage of invoices paid later than 60 days has also fluctuated, with a high of 17% in 2022-2023 and a low of 3% in 2017-2018.

Summary Analysis

From 2017 to 2023, the average time taken for University of Brighton Academies Trust to pay invoices has fluctuated, with a high of 47 days in 2022-2023 and a low of 22 days in 2019-2020. The percentage of invoices paid within 30 days has also fluctuated, with a high of 80% in 2019-2020 and a low of 41% in 2022-2023. The worst period for the company was in 2022-2023, where 17% of invoices were paid later than 60 days, the highest percentage in the given time frame.

Performance Reports History

Reporting Period Filed: 2023-09-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2023 - 31 Aug 202326 Sept 20234741%42%17%63%
01 Sept 2022 - 28 Feb 202328 Mar 20234641%42%17%60%
01 Mar 2022 - 31 Aug 202205 Oct 20223670%20%10%37%
01 Sept 2021 - 28 Feb 202225 Apr 20224770%16%14%29%
01 Mar 2021 - 31 Aug 202129 Sept 20213775%16%10%32%
01 Sept 2020 - 28 Feb 202126 Mar 20214363%23%15%33%
01 Mar 2020 - 31 Aug 202030 Sept 20204264%18%18%31%
01 Sept 2019 - 29 Feb 202030 Mar 20203860%25%15%42%
01 Mar 2019 - 31 Aug 201930 Sept 20192280%16%4%12%
01 Sept 2018 - 28 Feb 201901 Apr 20192958%39%3%42%
01 Mar 2018 - 31 Aug 201828 Sept 20182676%22%1%24%
01 Sept 2017 - 28 Feb 201828 Sept 20182975%23%3%25%

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

Payment within 30 days from date of invoice

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

Finance@brightonacademiestrust.org.uk in the first instance and referred to the Financial Controller if necessary to obtain resolution.

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 University of Brighton Academies Trust (UBAT) is a multi-academy trust based in the South East of England. It was established in 2014 with the aim of providing high-quality education to students in the local community.

UBAT has a strong focus on sustainability, with a dedicated sustainability program that aims to reduce the environmental impact of its schools. This includes initiatives such as energy efficiency measures, waste reduction strategies, and promoting sustainable travel options.

The trust currently has 15 schools under its management, including primary, secondary, and special schools. It offers a wide range of products and services to support these schools, including financial management, HR support, and educational resources.

Key people within UBAT include the CEO, Sarah Gillett, who has over 20 years of experience in education leadership, and the board of trustees which is responsible for overseeing the strategic direction of the trust.

For more information on UBAT's schools, services, and sustainability initiatives, interested individuals can visit their website at www.ubatrust.co.uk. The registered office address for UBAT is University of Brighton, Mithras House, Lewes Road, Brighton, BN2 4AT.

Financial Metrics

Cash
£7,429,000
Net Worth
£102,321,000
Total Current Assets
£11,088,000
Total Current Liabilities
£3,905,000

Company Location