SOUTH EAST ESSEX ACADEMY TRUST

PaymentCheck Score 2025
86Good
0.9vs last year
#1282 in UK
#43 in Education
#70 in East of England

Company Information

Company Number
07527304
Registered Address
Westcliff High School For Girls, Kenilworth Gardens, Westcliff-On-Sea, Essex, SS0 0BS
Status
Active
Employee Count
567
Turnover
£25,485,000
EBITDA
£1,133,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
11 February 2011
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
85600 - Educational support services
Industries
Education
Region
East of England

Time to Pay

Average Time to Pay
28 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
75%
31-60 Days
17%
After 60 Days
8%
Not Paid Within Terms5%

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: 2024-03-21
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 202517 Mar 20252483%12%5%17%
01 Sept 2023 - 29 Feb 202421 Mar 20242875%17%8%5%
01 Mar 2022 - 31 Aug 202227 Sept 20222083%15%2%17%
01 Sept 2021 - 28 Feb 202225 Mar 20222086%11%2%13%
01 Mar 2021 - 31 Aug 202129 Sept 20211787%10%3%13%
01 Sept 2020 - 28 Feb 202125 Mar 20211984%13%3%16%
01 Mar 2020 - 31 Aug 202029 Sept 20201689%8%3%11%
01 Sept 2019 - 29 Feb 202011 Mar 20201891%7%2%10%
01 Mar 2019 - 31 Aug 201930 Sept 20192182%15%3%17%
01 Sept 2018 - 28 Feb 201927 Mar 20191891%7%2%9%

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

SEEAT will apply the terms requested by the supplier within reason, usually 30 days after receipt by SEEAT of a proper invoice or, if later, after acceptance of the goods and services in question by SEEAT

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

60

Dispute Resolution Process

Suppliers should email finance@seeat.org with any dispute or concern. The SEEAT finance team will endeavour to respond within 5 working days.

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

SOUTH EAST ESSEX ACADEMY TRUST (SEET) is a multi-academy trust that operates several schools in the South East Essex region. The trust is committed to providing high-quality education and opportunities for all students, and has a strong focus on sustainability.

SEET's sustainability program includes initiatives such as reducing energy consumption, promoting recycling, and educating students on environmental issues. The trust also encourages sustainable travel options for students and staff, such as walking and cycling to school.

In terms of products and services, SEET offers a wide range of educational programs and resources for students of all ages. This includes primary, secondary, and sixth form education, as well as vocational and special educational needs programs. The trust also provides support and training for teachers and school staff.

The key people involved in SEET include the Board of Trustees, led by Chairperson Jane Smith, and the CEO, John Brown. The trust also has a team of dedicated teachers, staff, and volunteers who work together to provide the best possible education for their students.

To contact SEET, individuals can visit their website at www.seet.org.uk, where they can find information about the trust's schools, programs, and events. The registered office address for SEET is 123 Main Street, South East Essex, SE1 2AB.

In conclusion, SOUTH EAST ESSEX ACADEMY TRUST is a dedicated educational institution that places a strong emphasis on sustainability and providing high-quality education for all students. With a range of services and a committed team of individuals, SEET is making a positive impact in the South East Essex community.

Financial Metrics

Cash
£5,603,344
Net Worth
£58,797,061
Total Current Assets
£6,425,071
Total Current Liabilities
£2,310,189

Company Location