CREATIVE EDUCATION TRUST
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 education85310 - General secondary education
- Industries
- Education
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Sept 2024 - 28 Feb 2025 | 25 Mar 2025 | 22 | 91% | 7% | 2% | 0% |
| 01 Sept 2023 - 29 Feb 2024 | 20 Mar 2024 | 18 | 95% | 4% | 1% | 0% |
| 01 Sept 2022 - 28 Feb 2023 | 21 Mar 2023 | 19 | 94% | 5% | 2% | 0% |
| 01 Mar 2022 - 31 Aug 2022 | 26 Sept 2022 | 18 | 93% | 6% | 1% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 22 Mar 2022 | 18 | 94% | 4% | 2% | 0% |
| 01 Mar 2021 - 31 Aug 2021 | 28 Sept 2021 | 13 | 94% | 5% | 1% | 13% |
| 01 Sept 2020 - 28 Feb 2021 | 23 Mar 2021 | 18 | 95% | 4% | 1% | 0% |
| 01 Mar 2020 - 31 Aug 2020 | 14 Sept 2020 | 17 | 94% | 5% | 1% | 0% |
| 01 Sept 2019 - 29 Feb 2020 | 04 Sept 2020 | 16 | 94% | 5% | 1% | 0% |
| 01 Sept 2018 - 28 Feb 2019 | 09 Jul 2019 | 15 | 94% | 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.