TAPTON SCHOOL ACADEMY TRUST

PaymentCheck Score 2024
77Good
0.1vs last year
#2352 in UK
#86 in Education
#99 in Yorkshire and The Humber

Company Information

Company Number
07697171
Registered Address
Tapton School, Darwin Lane, Sheffield, South Yorkshire, S10 5RG
Status
Active
Employee Count
778
Turnover
£51,318,000
EBITDA
£1,652,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
7 July 2011
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
Industries
Education
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
31 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:180 days

Payment Timeline

Within 30 Days
69%
31-60 Days
23%
After 60 Days
8%
Not Paid Within Terms15%

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: 2023-03-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202404 Mar 20243169%25%6%17%
01 Feb 2023 - 31 Aug 202304 Mar 20243169%23%8%15%
01 Sept 2022 - 28 Feb 202331 Mar 20233169%23%8%15%
01 Sept 2021 - 28 Feb 202222 Mar 20222875%19%6%30%
01 Mar 2021 - 31 Aug 202122 Nov 20213070%23%7%36%
01 Mar 2020 - 31 Aug 202025 Sept 20203166%23%11%40%
01 Sept 2019 - 28 Feb 202025 Sept 20202870%23%7%36%
01 Mar 2019 - 31 Aug 201913 Nov 20192580%16%4%28%
01 Sept 2018 - 28 Feb 201927 Mar 20192679%14%7%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

Over 90% of invoices have still been paid within 60 days. Payments made after the agreed terms include invoices that have Nil days payment terms from suppliers which is not always feasible. Invoices which are received during school holidays are not paid until the schools reopen.

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

180

Dispute Resolution Process

We aim to resolve any disputes informally. Our complaints policy should it be needed is on out website

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

TAPTON SCHOOL ACADEMY TRUST is a multi-academy trust based in Sheffield, UK. It was established in 2013 with the aim of providing high-quality education to students in the local community. The trust currently oversees five schools, including Tapton School, a secondary school with a sixth form.

One of the key focuses of TAPTON SCHOOL ACADEMY TRUST is sustainability. The trust has implemented various initiatives to promote sustainability within its schools, such as using renewable energy sources, promoting recycling and reducing waste, and educating students on environmental issues. The trust also works closely with the local community to promote sustainable practices.

In terms of products and services, TAPTON SCHOOL ACADEMY TRUST offers a wide range of educational opportunities for students, including academic courses, vocational training, and extracurricular activities. The trust also provides support for students with special educational needs and disabilities.

The key people involved in TAPTON SCHOOL ACADEMY TRUST include the CEO, the Board of Trustees, and the school leadership teams. The trust is led by CEO David Bowes, who has many years of experience in the education sector. The Board of Trustees is responsible for the overall management and strategic direction of the trust, while the school leadership teams oversee the day-to-day operations of each school.

For more information about TAPTON SCHOOL ACADEMY TRUST, including its sustainability program, products and services, and key people, you can visit their website at www.taptonschool.co.uk. The registered office address for the trust is Tapton School, Darwin Lane, Sheffield, S10 5RG.

Financial Metrics

Cash
£12,986,000
Net Worth
£79,045,000
Total Current Assets
£14,533,000
Total Current Liabilities
£4,643,000

Company Location