LEARNER ENGAGEMENT AND ACHIEVEMENT PARTNERSHIP MULTIACADEMY TRUST

PaymentCheck Score 2023
96Excellent
0.3vs last year
#366 in UK
#15 in Yorkshire and The Humber

Company Information

Company Number
07361021
Registered Address
Brinsworth Academy Brinsworth Road, Brinsworth, Rotherham, South Yorkshire, S60 5EJ
Status
Active
Employee Count
498
Turnover
£24,129,000
EBITDA
-£17,012,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
31 August 2010
Nature of Business
85310 - General secondary education
Industries
Coming Soon
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
11 days
Shortest Period:0 days
Longest Period:40 days
Max Contractual:40 days

Payment Timeline

Within 30 Days
98%
31-60 Days
1%
After 60 Days
1%
Not Paid Within Terms13%

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

Overall, there has been a slight increase in the average time taken for LEARNER ENGAGEMENT AND ACHIEVEMENT PARTNERSHIP MULTI-ACADEMY TRUST to pay invoices over the past three periods. From September 2017 to February 2018, the average time to pay was 5 days, which increased to 9 days from March 2018 to August 2018. The average time to pay then remained relatively stable at 8-11 days from September 2019 to August 2023.

Volatility Analysis

There is relatively low volatility in the percentage of invoices paid within 30 days, with a range of 97-99% over the past three periods. However, there has been some volatility in the percentage of invoices paid between 31-60 days, with a range of 1-7%. The highest percentage of invoices paid later than 60 days was 3% from March 2018 to August 2018.

Performance Reports History

Reporting Period Filed: 2023-09-25
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 202325 Sept 20231198%1%1%13%
01 Sept 2022 - 28 Feb 202311 Jul 20231097%2%1%15%
01 Mar 2022 - 31 Aug 202203 Nov 2022899%1%0%14%
01 Sept 2021 - 28 Feb 202217 Mar 20221098%1%1%13%
01 Mar 2021 - 31 Aug 202101 Oct 20211099%1%0%12%
01 Sept 2020 - 28 Feb 202101 Apr 20211098%1%1%11%
01 Mar 2020 - 31 Aug 202003 Nov 20202190%7%3%24%
01 Sept 2019 - 29 Feb 202001 Apr 20201098%1%1%11%
01 Mar 2019 - 31 Aug 201906 Nov 2019899%1%0%14%
01 Sept 2018 - 28 Feb 201917 Apr 2019
01 Mar 2018 - 31 Aug 201803 Oct 2018997%3%0%0%
01 Sept 2017 - 28 Feb 201828 Mar 2018592%6%2%26%

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 30days unless otherwise stated on supplier's invoice

Were there any changes to the standard payment terms in the reporting period?

Yes – updates to terms when notified by supplier

Any other information about payment terms

N/A

Maximum contractual payment period agreed

40

Dispute Resolution Process

Any disputes regarding payments are dealt with by the finance team in the first instance. Anything that they can't deal with would be escalated to the Trust Finance Manager and then the Chief Finance Officer. Any other complaints would be dealt with in line with our complaints procedure.

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 Learner Engagement and Achievement Partnership Multi-Academy Trust (LEAP MAT) is a trust that focuses on promoting learner engagement and achievement in schools. Their goal is to provide high-quality education and support to students, with a strong focus on sustainability.

LEAP MAT offers a range of services and products to schools within their trust, including training and development programs for teachers, educational resources and materials, and guidance on implementing sustainable practices. They also offer support for students with special educational needs and disabilities, ensuring that all students have equal access to education.

The key people at LEAP MAT include a team of experienced educators, administrators and support staff who work closely with schools to deliver their services. The trust also has a board of trustees who oversee the strategic direction and decision-making processes.

One of the key initiatives of LEAP MAT is their sustainability program, which aims to promote environmentally friendly practices in schools. This includes initiatives such as reducing waste, promoting recycling, and encouraging the use of renewable energy sources. The trust also works with schools to incorporate sustainability into their curriculum, teaching students about environmental responsibility.

LEAP MAT has a website (https://www.leapmat.org.uk/) that provides information about their services, resources and upcoming events. Their registered office address is LEAP MAT, The Chantry, Main Street, Bramley, Guildford, Surrey, GU5 0HB.

In summary, the Learner Engagement and Achievement Partnership Multi-Academy Trust is dedicated to promoting learner engagement, achievement and sustainability in schools. They offer a range of services and products to support this, and their team of experienced educators and administrators are committed to providing high-quality education to students.

Financial Metrics

Cash
£4,965,420
Net Worth
£28,781,471
Total Current Assets
£5,486,825
Total Current Liabilities
£1,455,525

Company Location