DIVERSE ACADEMIES TRUST

PaymentCheck Score 2025
98Excellent
0.1vs last year
#257 in UK
#6 in Education
#9 in East Midlands

Company Information

Company Number
07664012
Registered Address
Diverse Education Centre, Old Hall Drive, Retford, England, DN22 7EA
Status
Active
Employee Count
928
Turnover
£64,118,000
EBITDA
£3,618,000

Additional Details

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

Time to Pay

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

Payment Timeline

Within 30 Days
98%
31-60 Days
1%
After 60 Days
1%
Not Paid Within Terms8%

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: 2025-04-07
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 202507 Apr 2025598%1%1%8%
01 Sept 2023 - 29 Feb 202425 Mar 2024998%1%1%9%
01 Mar 2023 - 31 Aug 202311 Oct 2023798%1%1%8%
01 Sept 2022 - 28 Feb 202327 Mar 2023998%1%1%9%
01 Mar 2022 - 31 Aug 202227 Sept 20221197%2%1%10%

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 paid within 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

In the event of a payment dispute, the department budget holder will discuss the nature of the dispute with the finance team. The supplier will then be notified of this dispute and the actions required to bring the dispute to resolution. If a credit note needs to be raised or further goods supplied, the invoice will remain on hold until these processes have been completed. All disputes are aimed to be resolved within 30 days of the dispute being raised.

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

DIVERSE ACADEMIES TRUST is a multi-academy trust that operates a network of secondary schools across the United Kingdom. Their main focus is to provide high-quality education and support to students from diverse backgrounds.

One of the key activities of DIVERSE ACADEMIES TRUST is their sustainability program. They are committed to promoting sustainable practices in their schools, such as reducing waste, conserving energy, and promoting environmental awareness among students. They also actively work towards becoming more environmentally friendly through initiatives like recycling and using renewable energy sources.

Apart from their sustainability efforts, DIVERSE ACADEMIES TRUST also offers a range of products and services to support their schools and students. This includes providing teacher training, educational resources, and support for students with special needs. They also have partnerships with local businesses and organizations to provide work experience and career opportunities for students.

The key people behind DIVERSE ACADEMIES TRUST are their board of trustees and executive team, who oversee the strategic direction and operations of the trust. They also work closely with headteachers and staff at each school to ensure the best possible learning environment for students.

For more information about DIVERSE ACADEMIES TRUST and their activities, you can visit their website at https://diverseacademiestrust.org.uk/. Their registered office address is The Stables, 4 Bletchley Road, Aylesbury, Buckinghamshire, HP19 3DA.

Financial Metrics

Cash
£7,976,000
Net Worth
£69,685,000
Total Current Assets
£9,758,000
Total Current Liabilities
£6,170,000

Company Location