THE GOSFORTH FEDERATED ACADEMIES LIMITED

PaymentCheck Score 2025
52Fair
11.2vs last year
#3489 in UK
#100 in Education
#68 in North East

Company Information

Company Number
07431423
Registered Address
Knightsbridge Great North Road, Gosforth, Newcastle Upon Tyne, Tyne And Wear, NE3 2JH
Status
Active
Employee Count
690
Turnover
£40,499,000
EBITDA
£1,370,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
5 November 2010
Nature of Business
85310 - General secondary education
Industries
Education
Region
North East

Time to Pay

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

Payment Timeline

Within 30 Days
27%
31-60 Days
41%
After 60 Days
32%
Not Paid Within Terms7%

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: 2025-03-25
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 202525 Mar 20255027%41%32%7%
01 Sept 2023 - 29 Feb 202422 Mar 20242376%23%1%6%
01 Mar 2023 - 31 Aug 202327 Sept 20231199%1%0%5%

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

30 days from the invoice date, unless alternative terms are 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

Any disputes relating to payments should be directed to the Finance Team via finance@gosforthgroup.org.uk or by telephone 0191 285 1000

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 Gosforth Federated Academies Limited is a UK-based organization that operates a group of academies in the Gosforth area. Founded in 2010, the company focuses on providing high-quality education and services to students in the community.

The company's sustainability program includes initiatives such as promoting recycling and reducing waste, using energy-efficient practices, and raising awareness about environmental issues among students and staff. They also have a sustainability committee that works to implement and monitor these initiatives across all academies.

The company offers a range of educational services, including primary and secondary education, special education, and sixth form education. They also provide extracurricular activities such as sports, music, and drama to enhance the overall learning experience for students.

Some key people involved in the organization include the CEO, Chairman, and Board of Directors, who work together to ensure the smooth functioning and success of the academies. Additionally, each academy has its own team of dedicated teachers, support staff, and governors who play a vital role in the day-to-day operations and development of the students.

For more information about the company and its academies, visit their website at www.gosforthfederatedacademies.co.uk. The registered office address for the company is Gosforth Academy, Knightsbridge, Great North Road, Gosforth, Newcastle upon Tyne, NE3 2JH.

Financial Metrics

Cash
£6,886,029
Net Worth
£54,149,157
Total Current Assets
£10,344,798
Total Current Liabilities
£3,258,072

Company Location