ARDEN MULTI ACADEMY TRUST

PaymentCheck Score 2025
97Excellent
1.4vs last year
#290 in UK
#11 in Education
#15 in West Midlands

Company Information

Company Number
07375267
Registered Address
Station Road, Knowle, Solihull, West Midlands, B93 0PT
Status
Active
Employee Count
545
Turnover
£35,062,000
EBITDA
-£1,099,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
14 September 2010
Nature of Business
85310 - General secondary education
Industries
Education
Region
West Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
93%
31-60 Days
5%
After 60 Days
2%
Not Paid Within Terms15%

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 trend for ARDEN MULTI ACADEMY TRUST in terms of average time to pay has been fluctuating between 12 and 19 days over the past three periods. However, there has been a slight decrease in the average time to pay in the most recent period.

Volatility Analysis

The volatility for ARDEN MULTI ACADEMY TRUST in terms of average time to pay has been relatively low, with the average time to pay fluctuating by only 6 days over the past three periods.

Summary Analysis

From Mar 2018 to Aug 2021, ARDEN MULTI ACADEMY TRUST had an average time to pay of 16 days, with 91% of invoices paid within 30 days. The best period for early payment was Mar 2018 to Aug 2018, with 84% of invoices paid within 30 days. The worst period for late payment was Mar 2021 to Aug 2021, with 15% of invoices paid later than 60 days.

Performance Reports History

Reporting Period Filed: 2023-09-28
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 20251297%2%1%7%
01 Sept 2023 - 29 Feb 202411 Mar 20241495%4%1%10%
01 Mar 2023 - 31 Aug 202328 Sept 20231793%5%2%15%
01 Sept 2022 - 28 Feb 202328 Mar 20231395%4%1%10%
01 Mar 2022 - 31 Aug 202227 Sept 20221393%6%1%11%
01 Sept 2021 - 28 Feb 202230 Mar 20221494%5%1%10%
01 Mar 2021 - 31 Aug 202127 Sept 20212893%6%1%10%
01 Sept 2020 - 28 Feb 202117 Mar 20211690%8%2%11%
01 Mar 2020 - 31 Aug 202028 Sept 20201288%10%2%15%
01 Sept 2019 - 29 Feb 202010 Mar 20201495%4%1%8%
01 Mar 2019 - 31 Aug 201930 Sept 20191785%13%2%15%
01 Sept 2018 - 28 Feb 201928 Mar 20191693%6%1%11%
01 Mar 2018 - 31 Aug 201830 Sept 2018
01 Sept 2017 - 28 Feb 201827 Mar 20181499%1%0%4%

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 payment terms are 30 days from date of invoice unless alternative terms are agreed

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

Any disputes should be reported to the Accounts department of the relevant school in the first instance and then resolved with the person who placed the order

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

ARDEN MULTI ACADEMY TRUST is a non-profit organization that operates a network of schools in the UK. The trust was established in 2012 with the aim of providing high-quality education to students and supporting the growth and development of its member schools.

The trust has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact. These include promoting sustainable practices in its schools, such as recycling, energy conservation, and sustainable transportation. The trust also encourages students to learn about environmental issues and take action to create a more sustainable future.

The products and services offered by ARDEN MULTI ACADEMY TRUST include primary and secondary education, as well as special educational needs and disabilities (SEND) provision. The trust also offers professional development opportunities for its staff and collaborates with local organizations to provide additional services for its students.

The key people involved in the trust's operations are the Board of Trustees, who are responsible for the strategic direction of the trust, and the Executive Team, who oversee the day-to-day operations. The trust also has dedicated staff at each of its member schools who work together to provide a high-quality education for students.

For more information on ARDEN MULTI ACADEMY TRUST, interested individuals can visit their website at www.ardenmat.org.uk. The trust's registered office address is Arden Academy, Station Road, Knowle, Solihull, West Midlands, B93 0PT.

Financial Metrics

Cash
£11,128,000
Net Worth
£49,259,000
Total Current Assets
£11,729,000
Total Current Liabilities
£4,093,000

Company Location