LEODIS ACADEMIES TRUST

PaymentCheck Score 2025
84Good
#1574 in UK
#59 in Education
#71 in Yorkshire and The Humber

Company Information

Company Number
07720181
Registered Address
Woodkirk Academy Rein Road, Tingley, Wakefield, West Yorkshire, WF3 1JQ
Status
Active
Employee Count
469
Turnover
£23,142,000
EBITDA
£346,000

Additional Details

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

Time to Pay

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

Payment Timeline

Within 30 Days
87%
31-60 Days
9%
After 60 Days
4%
Not Paid Within Terms13%

Payment Features

Participates in Codes✗ No
E-Invoicing✓ Yes
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Company Review

Trend Analysis

The trend for LEODIS ACADEMIES TRUST's average time to pay invoices has been consistent over the past three periods, with a slight increase in the most recent period. However, there has been an overall improvement in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days.

Volatility Analysis

The volatility for LEODIS ACADEMIES TRUST's average time to pay invoices has been low, with only a slight increase in the most recent period. The volatility for the percentage of invoices paid within 30 days has also been low, with a consistent trend of improvement. However, the volatility for the percentage of invoices paid later than 60 days has been higher, with fluctuations between 4-6% over the past three periods.

Summary Analysis

From Sep 2020 to Aug 2021, LEODIS ACADEMIES TRUST has improved their average time to pay invoices from 23 days to 18 days, with a consistent trend of improvement. The percentage of invoices paid within 30 days has also increased from 87% to 91%, while the percentage of invoices paid later than 60 days has decreased from 6% to 4%. However, there has been a slight increase in the percentage of invoices paid between 31-60 days, from 7% to 8%. Overall, LEODIS ACADEMIES TRUST has shown good progress towards early payment and has consistently maintained their shortest standard payment period of 30 days.

Performance Reports History

Reporting Period Filed: 2023-09-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Mar 202518 Mar 20252581%13%6%19%
01 Mar 2023 - 31 Aug 202322 Sept 20232387%9%4%13%
01 Sept 2022 - 28 Feb 202320 Mar 20232384%10%6%16%
01 Mar 2022 - 31 Aug 202205 Oct 20222386%9%5%14%
01 Sept 2021 - 28 Feb 202214 Mar 20221888%8%4%12%
01 Mar 2021 - 31 Aug 202128 Sept 20211891%5%4%10%
01 Sept 2020 - 28 Feb 202126 Mar 20212387%7%6%13%

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

30 days

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

Suppliers contact the Central Finance team who liaise with academies. As many contracts as possible are through frameworks which gives another avenue for dispute resolution

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

LEODIS ACADEMIES TRUST is a multi-academy trust based in Leeds, UK. It was established in 2016 with the aim of providing high-quality education to students in the local community. The trust currently consists of six academies, including primary, secondary, and special schools.

One of the main focuses of LEODIS ACADEMIES TRUST is sustainability. The trust is committed to promoting environmental awareness and encouraging sustainable practices in its schools. This includes initiatives such as reducing waste, promoting recycling, and using energy-efficient methods in school buildings.

The trust offers a range of products and services to support its schools, including financial management, human resources, and ICT services. It also provides professional development opportunities for its staff to ensure high-quality teaching and learning.

The key people in LEODIS ACADEMIES TRUST include the CEO, trustees, and the executive team. They work closely with the headteachers and staff of each academy to ensure the trust's vision and values are upheld.

For more information about LEODIS ACADEMIES TRUST and its academies, you can visit their website at www.leodisacademiestrust.com. Their registered office address is LEODIS ACADEMIES TRUST, c/o Bruntcliffe Academy, Bruntcliffe Lane, Morley, Leeds, LS27 0LZ.

In conclusion, LEODIS ACADEMIES TRUST is a multi-academy trust that is dedicated to providing high-quality education while promoting sustainability. With a range of products and services, a strong leadership team, and a commitment to environmental responsibility, the trust is making a positive impact in the local community.

Financial Metrics

Cash
£5,011,000
Net Worth
£20,091,000
Total Current Assets
£5,471,000
Total Current Liabilities
£2,166,000

Company Location