THE CANTERBURY ACADEMY TRUST

PaymentCheck Score 2024
81Good
0.9vs last year
#1985 in UK
#73 in Education
#323 in South East

Company Information

Company Number
07345430
Registered Address
Knight, Avenue, Canterbury, Kent, CT2 8QA
Status
Active
Employee Count
295
Turnover
£19,620,000
EBITDA
£1,555,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
13 August 2010
Nature of Business
85200 - Primary education
85310 - General secondary education
Industries
Education,Professional Services
Region
South East

Time to Pay

Average Time to Pay
29 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
81%
31-60 Days
18%
After 60 Days
1%
Not Paid Within Terms28%

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: 2024-03-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 28 Feb 202428 Mar 20242981%18%1%28%
01 Sept 2022 - 28 Feb 202330 Mar 20232772%27%1%28%
01 Mar 2022 - 31 Aug 202229 Sept 20222584%16%0%16%
01 Sept 2021 - 28 Feb 202230 Mar 20222483%16%1%17%
01 Mar 2021 - 31 Aug 202129 Sept 20212091%9%0%9%
01 Sept 2020 - 28 Feb 202129 Mar 20212483%16%1%19%
01 Mar 2020 - 31 Aug 202029 Sept 20202381%16%3%19%
01 Sept 2018 - 28 Feb 201928 Mar 20192481%18%1%19%

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 contractual terms are 30 days from date of invoice.

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

A dispute will be discussed between the department ordering the goods or services and our accounts department and if no further action is needed the invoice will approved for payment and paid within 30 days, if the supplier needs to raise a credit or there is a query the invoice will be placed on hold until it is resolved we aim to resolve all queries within the 30 days so the payment is not late.

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 Canterbury Academy Trust is a multi-academy trust based in Canterbury, England. It consists of a group of schools working together to provide high-quality education to students in the Canterbury area.

The trust has a strong focus on sustainability and is committed to reducing its environmental impact. It has implemented various initiatives such as energy-efficient buildings, recycling programs, and promoting eco-friendly transport options.

The trust offers a wide range of products and services, including primary and secondary education, special education, and adult education. It also provides support services such as counseling, career guidance, and extracurricular activities to enhance the overall learning experience for students.

The key people involved in the trust include the board of trustees, executive leadership team, and school governors. They work together to ensure the smooth running of the trust and the continuous improvement of its schools.

The contact information for the trust includes its website address, www.canterburyacademytrust.co.uk, where interested individuals can find more information about its schools, programs, and initiatives. The registered office address is The Canterbury Academy Trust, Knight Avenue, Canterbury, Kent, CT2 8QA, United Kingdom.

In summary, The Canterbury Academy Trust is a reputable educational trust with a strong focus on sustainability. It offers a variety of educational products and services and is led by a dedicated team of individuals. Its commitment to sustainability and quality education makes it a valuable asset to the Canterbury community.

Financial Metrics

Cash
£1,593,000
Net Worth
£30,726,000
Total Current Assets
£2,896,000
Total Current Liabilities
£1,739,000

Company Location