SUMMIT LEARNING TRUST

PaymentCheck Score 2025
90Good
0.9vs last year
#925 in UK
#27 in Education
#33 in West Midlands

Company Information

Company Number
07348167
Registered Address
Summit Learning Trust Office Summit Learning Trust C/O Ninestiles, An Academy, Hartfield Crescent, Birmingham, West Midlands, England, B27 7QG
Status
Active
Employee Count
914
Turnover
£55,580,000
EBITDA
£563,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
17 August 2010
Nature of Business
85200 - Primary education
85310 - General secondary education
85410 - Post-secondary non-tertiary education
Industries
Education
Region
West Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
90%
31-60 Days
6%
After 60 Days
4%
Not Paid Within Terms10%

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: 2024-03-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2025 - 31 Aug 202509 Sept 20252187%10%3%13%
01 Sept 2024 - 28 Feb 202518 Mar 20252288%8%4%12%
01 Sept 2023 - 29 Feb 202419 Mar 20241990%6%4%10%
01 Sept 2022 - 28 Feb 202306 Mar 20232479%13%8%21%
01 Mar 2022 - 31 Aug 202221 Sept 20222383%12%5%17%
01 Sept 2021 - 28 Feb 202210 Mar 20223166%22%12%34%
01 Mar 2021 - 31 Aug 202124 Sept 20212682%10%8%18%
01 Sept 2020 - 28 Feb 202123 Mar 20212675%14%11%25%
01 Mar 2020 - 31 Aug 202029 Sept 20201392%7%1%8%
01 Sept 2019 - 29 Feb 202020 Mar 20201785%11%4%15%
01 Sept 2018 - 28 Feb 201926 Mar 20191880%16%4%20%

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

Within 30 days of the end of month of invoices unless otherwise agreed.

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

All complaints will be dealt with in the first instance by the Central Finance Department. They will liaise with the relevant department who ordered the products and as soon as possible continue correspondence with the supplier, but we would anticipate this to be at most within 5 working days.

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

SUMMIT LEARNING TRUST is a multi-academy trust based in the United Kingdom, dedicated to providing high-quality education for students from primary to secondary school. The trust currently operates 11 schools across Birmingham, Solihull, and Warwickshire.

One of the key focuses of SUMMIT LEARNING TRUST is sustainability. The trust has implemented a sustainability program that aims to reduce their carbon footprint and promote eco-friendly practices within their schools. This includes initiatives such as waste reduction, energy conservation, and promoting sustainable transport options for students.

In addition to their sustainability efforts, SUMMIT LEARNING TRUST also offers a range of products and services to support their schools. This includes a central services team that provides financial, HR, and IT support, as well as a teaching school which offers professional development and training opportunities for teachers.

The key people involved in SUMMIT LEARNING TRUST include the CEO, Sir Mark Grundy, who has over 30 years of experience in education, and the board of trustees who are responsible for the strategic direction and governance of the trust.

For more information on SUMMIT LEARNING TRUST and their schools, products, and services, their website address is www.summitlearningtrust.org.uk. Their registered office address is Parkfield House, Parkfield Road, Coleshill, Birmingham, B46 3LD.

Financial Metrics

Cash
£6,238,000
Net Worth
£109,581,000
Total Current Assets
£20,535,000
Total Current Liabilities
£5,461,000

Company Location