STAR ACADEMIES

PaymentCheck Score 2025
81Good
1.2vs last year
#1620 in UK
#57 in Education
#89 in North West

Company Information

Company Number
07353849
Registered Address
Star Academies, Shadsworth Road, Blackburn, Lancashire, England, BB1 2HT
Status
Active
Employee Count
2,710
Turnover
£218,868,000
EBITDA
£77,625,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
23 August 2010
Nature of Business
85200 - Primary education
85310 - General secondary education
85422 - Post-graduate level higher education
85600 - Educational support services
Industries
Education
Region
North West

Time to Pay

Average Time to Pay
28 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
75%
31-60 Days
17%
After 60 Days
8%
Not Paid Within Terms31%

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 2024 - 28 Feb 202514 Mar 20252679%14%7%26%
01 Sept 2023 - 29 Feb 202428 Mar 20242875%17%8%31%
01 Mar 2023 - 31 Aug 202329 Sept 20233168%22%10%32%
01 Sept 2022 - 28 Feb 202321 Mar 20233270%19%11%35%
01 Mar 2022 - 31 Aug 202227 Sept 20222874%17%9%26%
01 Sept 2021 - 28 Feb 202210 Mar 20223269%18%13%31%
01 Mar 2021 - 31 Aug 202127 Sept 20213370%18%12%30%
01 Sept 2020 - 28 Feb 202119 Mar 20213470%16%14%30%
01 Mar 2020 - 31 Aug 202010 Dec 20203364%18%18%36%
01 Sept 2018 - 28 Feb 201902 Jul 20193166%21%13%34%
01 Mar 2018 - 31 Aug 201802 Jul 20192971%17%12%29%
01 Sept 2017 - 28 Feb 201802 Jul 20192872%17%11%28%

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

We aim to pay correctly submitted invoices within 30 days of receipt from the day of physical or electronic arrival. Full details of our standard payment terms can be found on our website: https://staracademies.org/about-us/document-zone/

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

Contractor is contacted immediately to discuss dispute. If no resolution it is passed to a senior member of staff to resolve.

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

STAR ACADEMIES is a leading education provider in the UK that aims to provide high-quality education to students from all backgrounds. The academy has a strong focus on sustainability and offers a range of products and services to support this.

The sustainability program at STAR ACADEMIES is centered around three key areas: environmental, social, and economic sustainability. The academy has implemented various initiatives to reduce its carbon footprint, promote diversity and inclusion, and support the local community. These include using renewable energy sources, promoting recycling and waste reduction, and providing equal opportunities for all students.

In terms of products and services, STAR ACADEMIES offers a wide range of educational programs for students of all ages, including primary, secondary, and sixth form education. The academy also provides teacher training and professional development courses to support the growth and development of its staff.

The key people at STAR ACADEMIES include its CEO, Sir Iqbal Wahhab, who has over 30 years of experience in the education sector. The academy also has a dedicated team of teachers, administrators, and support staff who are committed to providing the best education to their students.

Contact information for STAR ACADEMIES can be found on their website, www.staracademies.org. Their registered office address is STAR Central, Shadsworth Business Park, Rothesay Road, Blackburn, BB1 2JB.

In conclusion, STAR ACADEMIES is a highly reputable education provider in the UK with a strong focus on sustainability. Through its programs, products, and services, the academy is making a positive impact on the environment, society, and economy. With its dedicated team and innovative approach to education, STAR ACADEMIES is setting a high standard for education in the UK.

Financial Metrics

Cash
£24,876,000
Net Worth
£476,818,000
Total Current Assets
£77,769,000
Total Current Liabilities
£16,781,000

Company Location