EAST MIDLANDS EDUCATION TRUST

PaymentCheck Score 2025
84Good
0.8vs last year
#1451 in UK
#53 in Education
#41 in East Midlands

Company Information

Company Number
07530373
Registered Address
The West Bridgford School Loughborough Road, West Bridgford, Nottingham, NG2 7FA
Status
Active
Employee Count
1,908
Turnover
£103,615,000
EBITDA
£19,828,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
15 February 2011
Nature of Business
85200 - Primary education
85310 - General secondary education
Industries
Education
Region
East Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
81%
31-60 Days
12%
After 60 Days
7%
Not Paid Within Terms19%

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: 2025-03-27
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 202527 Mar 20252681%12%7%19%
01 Sept 2023 - 29 Feb 202425 Mar 20242879%11%10%21%
01 Sept 2022 - 28 Feb 202321 Mar 20233375%13%12%25%
01 Mar 2022 - 31 Aug 202227 Sept 20223572%16%12%28%
01 Sept 2021 - 28 Feb 202228 Mar 20223565%23%12%35%
01 Mar 2021 - 31 Aug 202129 Sept 20213570%18%12%30%
01 Mar 2020 - 31 Aug 202027 Sept 20203277%11%12%23%
01 Sept 2019 - 29 Feb 202004 Mar 20202774%16%10%26%
01 Sept 2018 - 28 Feb 201914 Mar 20192675%20%5%25%

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

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

Suppliers should contact the Central Accounts PayableTeam in the first instance. Any further dispute will be escalated to the Chief Finance Officer.

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

East Midlands Education Trust (EMET) is a non-profit organization that is committed to providing high-quality education and support to schools in the East Midlands region of England. The trust was established in 2014 and has since grown to include 19 academies, making it one of the largest education trusts in the area.

The trust's main focus is on improving the educational outcomes and opportunities for students in their schools. They work closely with schools to provide support and resources, as well as sharing best practices and promoting collaboration between the academies. EMET is also dedicated to promoting sustainability and environmental awareness through their schools, and have implemented a number of initiatives to reduce their environmental impact.

One of EMET's key sustainability programs is their "Green Schools" initiative, which encourages schools to adopt environmentally friendly practices such as recycling, energy conservation, and promoting sustainable transportation methods. They also offer training and resources to help schools incorporate sustainability into their curriculum.

EMET offers a range of products and services to their schools, including financial management support, human resources support, and IT services. They also provide professional development opportunities for teachers and staff to continuously improve their skills and knowledge.

The trust is led by a team of experienced and dedicated professionals, including CEO Marion Plant OBE and Chair of the Board of Trustees, John Edwards. Their website (www.emet.ac.uk) provides information on their schools, services, and sustainability initiatives, as well as contact information for those interested in joining the trust.

The registered office address for EMET is 1 Jubilee Court, Wollaton Road, Beeston, Nottingham, NG9 2NR.

Financial Metrics

Cash
£18,607,000
Net Worth
£193,232,000
Total Current Assets
£22,655,000
Total Current Liabilities
£8,455,000

Company Location