WAKEFIELD CITY ACADEMIES TRUST

Company Information

Company Number
07462885
Registered Address
Deloitte Llp, 1 City Square, Leeds, LS1 2AL
Status
Liquidation
Employee Count
36
Turnover
£938,000
EBITDA
-£37,011,000

Additional Details

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

Time to Pay

Average Time to Pay
98 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:300 days

Payment Timeline

Within 30 Days
49%
31-60 Days
15%
After 60 Days
36%
Not Paid Within Terms49%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

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 following date of invoice

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

300

Dispute Resolution Process

Complaints are handles by the central Accounts Payable team, who may then refer back to the originating academy dependent on the nature of the complaint

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

Wakefield City Academies Trust (WCAT) is a multi-academy trust located in West Yorkshire, England. Its primary purpose is to provide high-quality education to students in the Wakefield area through a network of academies.

As part of their commitment to sustainability, WCAT has implemented a number of initiatives to reduce their environmental impact, including promoting recycling, reducing energy consumption, and encouraging sustainable travel methods. They also offer educational programs and resources to help students and staff learn about sustainability and its importance.

WCAT's products and services include education and support for students ranging from primary school to sixth form, as well as professional development opportunities for teachers and staff. They also offer a range of extracurricular activities and support services to enhance the overall learning experience for students.

The key people at WCAT include the Executive Headteacher, Chief Executive Officer, and Board of Directors, who oversee the strategic direction of the trust and ensure its success. They are supported by a team of dedicated teachers, staff, and governors who work together to provide exceptional education and support to students.

For more information on WCAT's academies, sustainability program, and services, interested parties can visit their website at www.wakefieldcityacademiestrust.org. Their registered office address is WCAT House, Pontefract Road, Crofton, Wakefield, WF4 1LW, United Kingdom.

Financial Metrics

Cash
£1,151,000
Net Worth
£144,000
Total Current Assets
£1,938,000
Total Current Liabilities
£906,000

Company Location