CREATIVE EDUCATION TRUST

PaymentCheck Score 2025
93Excellent
1.1vs last year
#616 in UK
#33 in Education
#288 in London

Company Information

Company Number
07617529
Registered Address
67-68 Long Acre, London, England, WC2E 9JD
Status
Active
Employee Count
1,785
Turnover
£122,953,000
EBITDA
£11,178,000

Additional Details

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

Time to Pay

Average Time to Pay
18 days
Shortest Period:14 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
95%
31-60 Days
4%
After 60 Days
1%
Not Paid Within Terms0%

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: 2024-03-20
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 202525 Mar 20252291%7%2%0%
01 Sept 2023 - 29 Feb 202420 Mar 20241895%4%1%0%
01 Sept 2022 - 28 Feb 202321 Mar 20231994%5%2%0%
01 Mar 2022 - 31 Aug 202226 Sept 20221893%6%1%0%
01 Sept 2021 - 28 Feb 202222 Mar 20221894%4%2%0%
01 Mar 2021 - 31 Aug 202128 Sept 20211394%5%1%13%
01 Sept 2020 - 28 Feb 202123 Mar 20211895%4%1%0%
01 Mar 2020 - 31 Aug 202014 Sept 20201794%5%1%0%
01 Sept 2019 - 29 Feb 202004 Sept 20201694%5%1%0%
01 Sept 2018 - 28 Feb 201909 Jul 20191594%4%2%0%

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

Invoices are generally paid within 2weeks of receipt. This may be slightly longer during school holidays.

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

Resolved in accordance with company policy. Open and transparent communication with suppliers.

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

Creative Education Trust (CET) is a multi-academy trust that operates a network of schools across England. Founded in 2012, CET is committed to providing high-quality education to its students and promoting sustainable practices.

As part of its sustainability program, CET has implemented various initiatives such as recycling, energy conservation, and promoting eco-friendly practices in its schools. The trust also encourages its students to become environmentally responsible citizens through various educational programs and projects.

CET offers a range of products and services to its schools, including financial support, educational resources, and professional development opportunities for teachers. The trust also provides a central team of experts to support the schools in areas such as finance, HR, and IT, ensuring efficient and effective operations.

The key people at CET include the CEO, Dr. Marc Rowland, who has a background in education and extensive experience in school leadership. The trust also has a Board of Directors, comprising experienced professionals from various fields, who provide strategic guidance and oversee the management of the trust.

The contact information for CET includes their website address, www.creativeeducationtrust.org.uk, where interested parties can find more information about the trust, its schools, and its sustainability program. The registered office address for CET is Suite A, 4th Floor, Reading Bridge House, George Street, Reading, RG1 8LS.

In summary, Creative Education Trust is a multi-academy trust dedicated to providing high-quality education while promoting sustainability practices. With a strong leadership team and a range of products and services, CET is committed to ensuring the success of its schools and the well-being of its students.

Financial Metrics

Cash
£18,998,000
Net Worth
£216,420,000
Total Current Assets
£22,121,000
Total Current Liabilities
£12,697,000

Company Location