COOMBE ACADEMY TRUST
Company Information
- Company Number
- 07905433
- Registered Address
- C/O Coombe Boys School College Gardens, Blakes Lane, New Malden, Surrey, KT3 6NU
- Status
- Active
- Employee Count
- 428
- Turnover
- £23,512,000
- EBITDA
- £1,288,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 11 January 2012
- Nature of Business
- 85310 - General secondary education
- Industries
- Education
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2024 - 28 Feb 2025 | 31 Mar 2025 | 19 | 92% | 7% | 1% | 21% |
| 01 Sept 2023 - 29 Feb 2024 | 26 Mar 2024 | 19 | 90% | 9% | 1% | 23% |
| 01 Mar 2023 - 31 Aug 2023 | 29 Sept 2023 | 19 | 89% | 10% | 1% | 24% |
| 01 Sept 2022 - 28 Feb 2023 | 31 Mar 2023 | 20 | 91% | 7% | 2% | 23% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 22 | 88% | 11% | 1% | 25% |
| 01 Sept 2021 - 28 Feb 2022 | 23 Mar 2022 | 20 | 85% | 14% | 1% | 31% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 22 | 84% | 15% | 1% | 26% |
| 01 Sept 2020 - 28 Feb 2021 | 24 Mar 2021 | 21 | 86% | 13% | 1% | 28% |
| 01 Apr 2020 - 31 Aug 2020 | 30 Sept 2020 | 21 | 87% | 12% | 1% | 29% |
| 01 Sept 2019 - 29 Feb 2020 | 25 Mar 2020 | 23 | 82% | 16% | 2% | 32% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 23 | 76% | 22% | 2% | 34% |
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
The Trust operates a standard payment term of 30 days from invoice date unless different terms are specified by suppliers.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The Trust manages payment runs every 2 weeks in term time. In school holidays, the frequency is affected as payment authorizers are usually off site. This causes some invoices to be paid outside of suppliers' credit terms, particularly those with terms of less than 30 days. To make payment processing more efficient, suppliers should only engage in business with the Trust on receipt of an official purchase order and should send their invoices direct to the finance department.
Maximum contractual payment period agreed
30
Dispute Resolution Process
The Trust's financial procedures require budget holders to check their deliveries against the purchase order and notify the finance team of any discrepancies within 2 days. The finance officer will promptly follow this up with the supplier. Should the matter not be resolved satisfactorily, it will be passed back to the budget holder for further investigation and information in the first instance, and subsequently referred to the senior finance officer for monitoring the dispute status. The Trust aims to resolve queries as quickly as possible, so payment can still be made within the standard 30 days. However, this depends on the nature of the query and how quickly a supplier issues a credit note if applicable.
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
Coombe Academy Trust is a multi-academy trust based in London, UK. The trust comprises of five schools: Coombe Boys' School, Coombe Girls' School, Coombe Hill Infants' School, Coombe Hill Junior School, and Knollmead Primary School.
The trust is committed to promoting sustainability and environmental awareness among its students and staff. They have implemented various initiatives and programs to reduce their carbon footprint and promote sustainable practices, such as recycling and energy conservation. The trust also offers environmental education to its students, teaching them about the importance of sustainability and how they can make a positive impact on the environment.
In addition to their sustainability efforts, Coombe Academy Trust offers a range of high-quality educational services to its students, including a broad and balanced curriculum, extracurricular activities, and support for students with special educational needs. The trust also has a strong focus on academic excellence, with its schools consistently achieving outstanding results.
The key people in Coombe Academy Trust include the board of trustees, led by the CEO, and the headteachers and staff of each school. They work together to ensure the smooth running and success of the trust's schools.
For more information about Coombe Academy Trust, their services, and their sustainability program, interested individuals can visit their website at www.coombeacademytrust.co.uk. The registered office address for the trust is Coombe Boys' School, College Gardens, New Malden, Surrey, KT3 6NU.
