SCHOOLSWORKS ACADEMY TRUST

PaymentCheck Score 2025
67Fair
3.8vs last year
#2650 in UK
#86 in Education
#441 in South East

Company Information

Company Number
07962974
Registered Address
23 Connaught Road, Littlehampton, England, BN17 6ER
Status
Active
Employee Count
460
Turnover
£19,558,000
EBITDA
£1,905,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
23 February 2012
Nature of Business
85200 - Primary education
Industries
Education,Professional Services
Region
South East

Time to Pay

Average Time to Pay
32 days
Shortest Period:30 days
Longest Period:30 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
58%
31-60 Days
37%
After 60 Days
5%
Not Paid Within Terms47%

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: 2025-03-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202524 Mar 20253258%37%5%47%
01 Sept 2023 - 29 Feb 202415 Mar 20243176%19%5%28%
01 Mar 2023 - 31 Aug 202311 Sept 20232186%11%3%17%
01 Sept 2022 - 28 Feb 202309 Mar 20231987%8%5%16%
01 Mar 2022 - 31 Aug 202209 Sept 20221986%9%5%16%
01 Sept 2021 - 28 Feb 202202 Mar 20222184%11%5%18%
01 Sept 2020 - 28 Feb 202105 Mar 20211985%10%5%16%
01 Mar 2020 - 31 Aug 202002 Sept 20201887%9%4%14%
01 Mar 2019 - 31 Aug 201904 Sept 20191986%10%4%17%
01 Sept 2018 - 28 Feb 201904 Mar 20192084%12%4%19%

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

Standard payment terms are to pay invoices within 30 days

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

60

Dispute Resolution Process

Any dispute is taken to the Chief Financial Officer in the Trust

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

SCHOOLSWORKS ACADEMY TRUST is a multi-academy trust that operates a network of schools in the United Kingdom. The trust is committed to providing high-quality education and opportunities for students at all levels. They have a strong focus on sustainability and aim to create a positive impact on the environment through their various initiatives.

The trust offers a range of products and services to support the schools under its umbrella. This includes professional development and training for teachers, financial management support, and access to a wide range of resources and expertise. They also provide guidance on curriculum development and school improvement strategies.

The key people at SCHOOLSWORKS ACADEMY TRUST include the CEO, who oversees the trust's operations and strategic direction, and the Board of Trustees, who are responsible for making key decisions and ensuring the trust's sustainability goals are met.

One of the trust's key initiatives is their sustainability program, which aims to reduce waste, promote energy efficiency, and encourage eco-friendly practices in their schools. They have implemented measures such as recycling programs, energy-saving initiatives, and promoting sustainable transportation options for students and staff.

The trust's website (www.schoolsworks.org) provides information about their schools, services, and sustainability program. Their registered office address is 37-39 Queens Road, Brighton, East Sussex, BN1 3XB.

In summary, SCHOOLSWORKS ACADEMY TRUST is a leading multi-academy trust that strives to provide high-quality education while also promoting sustainability and environmental responsibility. Their range of services, commitment to professional development, and focus on sustainability make them a valuable asset to the education sector in the UK.

Financial Metrics

Cash
£5,001,000
Net Worth
£43,514,000
Total Current Assets
£5,707,000
Total Current Liabilities
£1,832,000

Company Location