ANTHEM SCHOOLS TRUST
Company Information
- Company Number
- 07468210
- Registered Address
- Highbridge House, 16-18 Duke Street, Reading, RG1 4RU
- Status
- Active
- Employee Count
- 1,202
- Turnover
- £64,133,000
- EBITDA
- -£923,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 13 December 2010
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education
- Industries
- Education,Healthcare And Wellbeing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data shows a general trend of an increase in the average time taken for ANTHEM SCHOOLS TRUST to pay invoices to suppliers, with the exception of a slight decrease in 2022. The percentage of invoices paid within 30 days has remained relatively consistent, while the percentage of invoices paid between 31 and 60 days has also remained consistent, with a slight increase in 2020 and 2021. The percentage of invoices paid later than 60 days has shown a steady increase over the years, reaching a peak of 10% in 2022. This suggests that ANTHEM SCHOOLS TRUST may be experiencing financial difficulties, resulting in delayed payments to suppliers.
Volatility Analysis
The data shows some volatility in the percentage of invoices not paid within agreed terms, with a peak of 36% in 2020. This could be attributed to the impact of the COVID-19 pandemic on the company's financial stability. Additionally, the average time taken to pay invoices has shown some fluctuation, with a peak of 34 days in 2020 and a low of 25 days in 2022.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Mar 2023 - 31 Aug 2023 | 08 Sept 2023 | 28 | 80% | 14% | 6% | 21% |
| 01 Sept 2022 - 28 Feb 2023 | 08 Sept 2023 | 29 | 76% | 16% | 8% | 25% |
| 01 Mar 2022 - 31 Aug 2022 | 08 Sept 2023 | 25 | 82% | 12% | 6% | 19% |
| 01 Sept 2021 - 28 Feb 2022 | 08 Sept 2023 | 30 | 74% | 17% | 9% | 26% |
| 01 Mar 2021 - 31 Aug 2021 | 08 Sept 2023 | 33 | 73% | 18% | 9% | 28% |
| 01 Sept 2020 - 28 Feb 2021 | 08 Sept 2023 | 34 | 65% | 25% | 10% | 36% |
| 01 Mar 2020 - 31 Aug 2020 | 08 Sept 2023 | 33 | 71% | 19% | 10% | 30% |
| 01 Sept 2019 - 28 Feb 2020 | 08 Sept 2023 | 34 | 69% | 21% | 10% | 31% |
| 01 Apr 2019 - 31 Aug 2019 | 08 Sept 2023 | 30 | 77% | 14% | 9% | 24% |
| 01 Apr 2018 - 31 Mar 2019 | 17 Apr 2019 | 27 | 77% | 17% | 6% | 23% |
| 01 Sept 2017 - 28 Feb 2018 | 10 Apr 2018 | 26 | 81% | 13% | 6% | 19% |
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 receipt of invoice
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
Each of our 16 schools has its own finance manager which is a supplier’s first point of contact for sending invoices and raising disputes or complaints. Should they not be able to satisfactorily settle the dispute, the supplier can escalate the issue to our central finance team which is reachable at purchaseledger@anthemtrust.uk.
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.
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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
Anthem Schools Trust is a UK-based education trust that aims to provide high-quality education while promoting sustainability and environmental awareness. The trust operates a network of schools, including primary and secondary schools, in different regions of the UK.
The sustainability program of Anthem Schools Trust includes initiatives such as reducing carbon footprint, promoting energy efficiency, and incorporating sustainable practices into the curriculum. They also have a recycling program and encourage students to participate in eco-friendly activities.
The trust offers a wide range of products and services, including traditional classroom education, vocational training, and extracurricular activities. They also provide support for students with special educational needs and offer a range of enrichment programs.
The key people of Anthem Schools Trust include the board of trustees, led by the CEO, who are responsible for the overall management and direction of the trust. Each school within the trust is led by a headteacher, who works with a team of dedicated teachers and staff to ensure the best educational experience for students.
To contact Anthem Schools Trust, individuals can visit their website at www.anthemschoolstrust.org or reach out to their registered office at Anthem Schools Trust, 2nd Floor, 1st Central Business Park, Brighton Road, Burgess Hill, West Sussex, RH15 9QU. Overall, Anthem Schools Trust is committed to providing quality education while promoting sustainability and making a positive impact in the communities they serve.
