STEP ACADEMY TRUST

PaymentCheck Score 2025
63Fair
2.9vs last year
#2871 in UK
#137 in Education
#1149 in London

Company Information

Company Number
07612865
Registered Address
Gonville Road, Thornton Heath, Surrey, CR7 6DL
Status
Active
Employee Count
1,003
Turnover
£46,352,000
EBITDA
£619,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
21 April 2011
Nature of Business
85200 - Primary education
Industries
Education
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
55%
31-60 Days
37%
After 60 Days
8%
Not Paid Within Terms45%

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: 2025-04-17
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 Apr 20253755%37%8%45%
01 Sept 2023 - 29 Feb 202414 Mar 20243166%21%13%33%
01 Mar 2023 - 31 Aug 202328 Sept 20233563%26%12%37%
01 Sept 2022 - 28 Feb 202327 Mar 20234533%48%19%67%
01 Mar 2022 - 31 Aug 202226 Sept 20223852%36%12%48%
01 Sept 2021 - 28 Feb 202217 Mar 20224749%35%16%51%
01 Mar 2021 - 31 Aug 202123 Sept 20214053%36%11%47%
01 Sept 2020 - 28 Feb 202105 Mar 20214548%37%15%52%
01 Mar 2020 - 31 Aug 202030 Sept 20204844%34%22%56%
01 Sept 2019 - 29 Feb 202004 Mar 20205430%44%26%70%
01 Sept 2018 - 28 Feb 201925 Jul 20193943%36%21%57%
01 Mar 2018 - 31 Aug 201825 Jul 20193944%22%34%56%

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, unless otherwise 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

Suppliers contact our accounts payable department (contact details included on our purchase orders). The accounts department investigate the dispute and issue a response to the supplier.

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

STEP Academy Trust is a multi-academy trust based in the United Kingdom that aims to provide high-quality education to students from all backgrounds. The trust currently operates 16 schools across London and the South East, with a focus on promoting academic excellence and personal development.

As part of their sustainability program, STEP Academy Trust is committed to reducing their carbon footprint and promoting eco-friendly practices in their schools. They have implemented various initiatives such as recycling programs, energy-saving measures, and promoting sustainable travel options for students and staff.

In terms of products and services, STEP Academy Trust offers a wide range of educational programs for students of all ages, from early years to secondary education. They also provide support and training for teachers and staff to ensure high-quality teaching and learning in their schools.

The key people involved in the trust include the Board of Trustees, who oversee the strategic direction and financial management of the trust, and the Executive Team, who are responsible for the day-to-day operations of the trust. The trust also has a team of dedicated staff, including teachers and support staff, who work tirelessly to provide the best education for their students.

For contact information, STEP Academy Trust can be reached via their website at www.stepacademytrust.org, where you can find information about their schools, programs, and news updates. Their registered office address is STEP Academy Trust, The Wells Free School, Wells Park Road, London SE26 6JL.

In summary, STEP Academy Trust is a reputable multi-academy trust in the UK, offering high-quality education and promoting sustainability in their schools. With a dedicated team and a wide range of educational programs, they are committed to providing the best learning opportunities for their students.

Financial Metrics

Cash
£9,336,000
Net Worth
£126,581,000
Total Current Assets
£10,528,000
Total Current Liabilities
£7,534,000

Company Location