UNITY SCHOOLS TRUST

PaymentCheck Score 2021
84Good
vs last year
#1531 in UK
#75 in Education
#256 in South East

Company Information

Company Number
07692130
Registered Address
The Magna Carta School, Thorpe Road, Staines, Surrey, TW18 3HJ
Status
Active
Employee Count
214
Turnover
£14,073,000
EBITDA
£2,068,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
4 July 2011
Nature of Business
85310 - General secondary education
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
20 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
80%
31-60 Days
18%
After 60 Days
2%
Not Paid Within Terms31%

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: 2021-04-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2020 - 28 Feb 202122 Apr 20212080%18%2%31%
01 Sept 2018 - 28 Feb 201901 Oct 20191788%11%1%27%

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

We would normally expect to settle invoices within a 30 day period

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

90

Dispute Resolution Process

Any complaints are dealt with on a case by case basis. Initially investigations would be undertaken by finance managers of individual sites and then an opportunity to escalate complaints would be made to the Chief Financial 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

UNITY SCHOOLS TRUST is a multi-academy trust based in the United Kingdom. The trust is committed to providing high-quality education to students from all backgrounds and promoting sustainability in all aspects of its operations.

The trust currently oversees 25 schools, including primary, secondary, and special schools, and has a strong focus on promoting community involvement and collaboration between schools. Its key people include a team of experienced educators and administrators, led by the CEO, who work together to ensure the trust's goals and values are met.

One of the key areas of focus for UNITY SCHOOLS TRUST is sustainability. The trust has implemented a sustainability program that includes initiatives such as reducing energy consumption, promoting recycling and waste reduction, and incorporating sustainability into the curriculum. The trust also encourages its schools to engage in sustainable practices, such as using eco-friendly materials and promoting sustainable transportation methods.

In addition to its sustainability efforts, the trust also offers a range of services and products to its schools and the wider community. This includes professional development programs for teachers, support for students with special educational needs, and access to resources and expertise from across the trust's network of schools.

For more information on UNITY SCHOOLS TRUST, including its sustainability program, products, and services, you can visit their website at www.unityschoolstrust.co.uk. The trust's registered office address is 37-39 The Strand, London, WC2N 5HZ.

Financial Metrics

Cash
£4,869,000
Net Worth
£35,111,000
Total Current Assets
£5,409,000
Total Current Liabilities
£935,000

Company Location