MERCIA LEARNING TRUST

PaymentCheck Score 2025
90Excellent
vs last year
#950 in UK
#33 in Education
#44 in Yorkshire and The Humber

Company Information

Company Number
08119703
Registered Address
79 Glen Road, Sheffield, South Yorkshire, England, S7 1RB
Status
Active
Employee Count
597
Turnover
£31,831,000
EBITDA
-£824,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
26 June 2012
Nature of Business
85200 - Primary education
85310 - General secondary education
Industries
Education
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
20 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
90%
31-60 Days
9%
After 60 Days
1%
Not Paid Within Terms10%

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)

Company Review

Trend Analysis

The average time taken for MERCIA LEARNING TRUST to pay invoices has fluctuated over the past three periods, with a decrease from 30 days in 2018-2019 to 20 days in 2022-2023. However, there was a slight increase in 2020-2021. The percentage of invoices paid within 30 days has also varied, with a high of 96% in 2017-2018 and a low of 78% in 2021-2022.

Volatility Analysis

The data shows a high level of volatility in the percentage of invoices paid within 30 days for MERCIA LEARNING TRUST. While there is a general decreasing trend, there are significant fluctuations in the percentages from period to period.

Summary Analysis

Over the past three periods, MERCIA LEARNING TRUST has seen a decrease in the average time taken to pay invoices, with a low of 20 days in 2022-2023. However, there has been a slight increase in the percentage of invoices paid within 30 days in 2020-2021 compared to the previous period. On the other hand, there has been a decrease in the percentage of invoices paid between 31 and 60 days, with a low of 9% in 2022-2023. The percentage of invoices paid later than 60 days has also decreased, with a low of 1% in 2022-2023. MERCIA LEARNING TRUST has consistently maintained a standard payment period of 14 days throughout all periods.

Performance Reports History

Reporting Period Filed: 2023-09-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2025 - 31 Aug 202508 Sept 20251891%8%1%9%
01 Sept 2024 - 28 Feb 202513 Mar 20252385%12%3%15%
01 Sept 2023 - 29 Feb 202405 Mar 20242289%9%2%11%
01 Mar 2023 - 31 Aug 202305 Sept 20232090%9%1%10%
01 Sept 2022 - 28 Feb 202313 Mar 20232385%14%2%16%
01 Mar 2022 - 31 Aug 202205 Sept 20222189%10%1%11%
01 Sept 2021 - 28 Feb 202215 Mar 20222778%17%5%22%
01 Mar 2021 - 31 Aug 202110 Sept 20212381%15%4%19%
01 Sept 2020 - 28 Feb 202109 Mar 20212386%12%2%14%
01 Mar 2020 - 31 Aug 202007 Sept 20202767%29%4%33%
01 Sept 2019 - 29 Feb 202012 Mar 20202188%10%2%12%
01 Mar 2019 - 31 Aug 201902 Sept 20192184%14%2%16%
01 Sept 2018 - 28 Feb 201904 Jul 20193074%19%7%25%
01 Sept 2017 - 28 Feb 201829 Mar 20181396%3%1%7%

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

Payment within 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

1. When contacted from a supplier chasing payment we check the finance system to see the status of the invoice 2. If possible give an estimate of date of payment 3. If in dispute the supplier would already have been contacted but if they still honed explain the situation and withhold payment until resolved

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

MERCIA LEARNING TRUST is a multi-academy trust that was established in 2012 and currently operates 15 schools in the Midlands region of England. The trust's mission is to provide high-quality education and support for children and young people in their community, regardless of their background or ability.

One of the key focuses of MERCIA LEARNING TRUST is sustainability, with a commitment to reducing their carbon footprint and promoting eco-friendly practices in their schools. They have implemented various initiatives such as recycling programs, energy conservation measures, and promoting sustainable transportation options.

The trust also offers a range of products and services to support their schools, including central finance and HR services, IT support, and professional development opportunities for staff. They also have a dedicated team to support the well-being and mental health of students and staff.

The key people leading MERCIA LEARNING TRUST include the CEO, Mr. David Middlewood, and the Board of Directors, who are all experienced educators and leaders in their fields.

For more information on MERCIA LEARNING TRUST and their services, you can visit their website at https://www.mercialearningtrust.org.uk/. Their registered office address is MERCIA LEARNING TRUST, Kings Hill Primary School, Hurlingham Road, Kingstanding, Birmingham, B44 0HF.

Financial Metrics

Cash
£3,367,992
Net Worth
£62,858,882
Total Current Assets
£4,177,661
Total Current Liabilities
£2,334,932

Company Location