Industry ranking
THE PARK ACADEMIES TRUST demonstrates an average payment time of 30 days, with a consistent 67% of invoices paid within this timeframe. However, a significant 41% of payments are consistently late, indicating a regular pattern of delays for a substantial portion of invoices. The 11% of payments extending beyond 60 days shows a trajectory where a small but notable percentage of invoices become considerably overdue.
The 41% late payment rate, with 11% extending beyond 60 days, introduces a moderate level of unpredictability for suppliers regarding reliable cash flow. While most payments are timely, the substantial minority of delayed payments increases working capital risk and makes payment forecasting challenging. This payment profile indicates a degree of volatility, meaning suppliers cannot consistently rely on all invoices being paid within standard terms.
Suppliers should consider THE PARK ACADEMIES TRUST as a client with an acceptable average payment time but notable payment inconsistency. Key decision factors include the potential for 41% of invoices to be paid late and the impact of 11% becoming severely overdue on cash flow planning. To mitigate risk, suppliers should consider negotiating strict payment terms, implementing robust credit management, or potentially factoring in a buffer for delayed payments.
| 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 2025 - 28 Feb 2026 | 30 Mar 2026 | 30 | 77% | 13% | 10% | 19% |
| 01 Mar 2025 - 31 Aug 2025 | 30 Sept 2025 | 37 | 64% | 20% | 16% | 36% |
| 01 Sept 2024 - 28 Feb 2025 | 28 Mar 2025 | 30 | 67% | 22% | 11% | 41% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 Days from date of Invoice
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
Invoice payment queries can be raised directly with each academy. The Finance teams will resolve locally or escalate through Business Managers or the Central Finance Team until resolution is made.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
The Park Academies Trust is a multi-academy trust registered in Swindon, operating Abbey Park School among its academies. Abbey Park School provides secondary education, including a sixth form, for pupils in the North Swindon area. Its provision covers a broad curriculum across academic subjects, alongside sport, the arts and extra-curricular activities such as the Duke of Edinburgh Award scheme. The trust's registered office is based at the school site. As a charitable trust, it is responsible for governance and management of the schools within its group, with teaching and pastoral support delivered directly by school staff. The company's role is that of the academy trust overseeing the school, rather than a private commercial enterprise.
Generated from the company's website and Companies House records. Sources: abbeyparkschool.org.uk · abbeyparkschool.org.uk