RIDGEWAY EDUCATION TRUST

PaymentCheck Score 2025
97Excellent
0.0vs last year
#291 in UK
#8 in Education
#48 in South East

Company Information

Company Number
08104201
Registered Address
Didcot Girls' School, Manor Crescent, Didcot, Oxfordshire, OX11 7AJ
Status
Active
Employee Count
330
Turnover
£16,531,000
EBITDA
-£727,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
13 June 2012
Nature of Business
85200 - Primary education
85310 - General secondary education
Industries
Education
Region
South East

Time to Pay

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

Payment Timeline

Within 30 Days
96%
31-60 Days
4%
After 60 Days
0%
Not Paid Within Terms7%

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: 2025-03-20
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 202520 Mar 20251296%4%0%7%
01 Sept 2023 - 29 Feb 202421 Mar 20241196%3%1%7%
01 Mar 2023 - 31 Aug 202302 Oct 20231199%0%0%4%
01 Sept 2022 - 28 Feb 202329 Mar 20231892%5%2%14%
01 Mar 2022 - 31 Aug 202229 Sept 20223856%31%13%47%
01 Sept 2021 - 28 Feb 202223 Mar 20223266%25%9%37%
01 Mar 2021 - 31 Aug 202130 Sept 20212680%14%6%22%
01 Sept 2020 - 28 Feb 202131 Mar 20212878%16%6%26%
01 Mar 2020 - 31 Aug 202030 Sept 20202284%12%4%20%
01 Sept 2019 - 29 Feb 202025 Mar 20202579%16%5%28%

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 seeks to pay all suppliers 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

30

Dispute Resolution Process

In the first instance, any complaints or concerns should be referred to the Trust Finance Department. If the matter is not resolved within the department, the matter is escalated to the Chief Financial Officer.

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

Ridgeway Education Trust is a UK-based organization that aims to provide high-quality education and promote sustainability in schools. The trust currently has six academies under its umbrella, located in Oxfordshire and Milton Keynes.

One of the main focuses of the trust is on promoting sustainability in schools. They have implemented various initiatives such as recycling programs, energy-saving practices, and promoting eco-friendly transportation methods among students and staff. The trust also encourages its schools to incorporate sustainability into their curriculum and teaching practices.

In terms of products and services, Ridgeway Education Trust offers a wide range of educational programs, resources, and support for its schools. This includes training and development opportunities for teachers, support for students with special needs, and partnerships with local businesses for work experience opportunities.

The trust is led by a team of experienced and dedicated individuals, including the CEO, headteachers, and board members. They work closely with the schools to ensure that the trust's vision and values are upheld.

To contact Ridgeway Education Trust, individuals can visit their website at www.ridgewayeducation.com. Their registered office address is at 1 North Street, Thame, Oxfordshire, OX9 3BH. Overall, Ridgeway Education Trust is a reputable organization that strives to provide quality education while promoting sustainability in schools.

Financial Metrics

Cash
£2,627,000
Net Worth
£24,311,000
Total Current Assets
£3,085,000
Total Current Liabilities
£1,708,000

Company Location