SUCCESS ACADEMY TRUST
Company Information
- Company Number
- 08135389
- Registered Address
- Thomas Estley Community College, Station Road, Broughton Astley, Leicester, LE9 6PT
- Status
- Active
- Employee Count
- 293
- Turnover
- £11,943,000
- EBITDA
- £318,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 9 July 2012
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education85600 - Educational support services
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for SUCCESS ACADEMY TRUST to pay invoices has remained consistent at 28 days for the past three periods. However, there has been a slight decrease in the percentage of invoices paid within 30 days, from 74% to 73%. This could indicate a potential trend of slower payments being made by the company.
Volatility Analysis
The company has shown low volatility in their payment patterns, with the percentage of invoices paid within 30 days fluctuating by only 1% over the three periods. The highest volatility is seen in the percentage of invoices not paid within agreed terms, which has ranged from 0% to 26%.
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 | 14 Mar 2025 | 24 | 84% | 12% | 4% | 16% |
| 01 Sept 2023 - 29 Feb 2024 | 04 Mar 2024 | 26 | 84% | 11% | 5% | 16% |
| 01 Mar 2023 - 31 Aug 2023 | 11 Sept 2023 | 26 | 76% | 19% | 5% | 24% |
| 01 Sept 2022 - 28 Feb 2023 | 04 Mar 2023 | 26 | 76% | 19% | 5% | 0% |
| 01 Mar 2022 - 31 Aug 2022 | 22 Sept 2022 | 27 | 76% | 19% | 5% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 03 Mar 2022 | 28 | 74% | 20% | 6% | 26% |
| 01 Mar 2021 - 31 Aug 2021 | 16 Sept 2021 | 28 | 77% | 18% | 5% | 23% |
| 01 Sept 2020 - 28 Feb 2021 | 20 Mar 2021 | 28 | 74% | 19% | 7% | 26% |
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
We follow 30 days as standard payment terms as common across local government organisations.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
We aim to pay all our supplies within 30 days, but with some smaller and/or local companies, we endeavour to pay sooner to avoid cash flow issues. Invoices that are queried are paid as soon as queries have been resolved.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Invoices that are queried and notified to the supplier as in dispute as soon as possible and paid accordingly once resolved by the Academy concerned. As per our supplier guidance on payment procedures, if after 14 days they dispute with the individual Academy is unresolved, the supplier can re-direct the dispute tot eh Trust's central team for investigation.
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
SUCCESS ACADEMY TRUST is a non-profit organization that aims to provide quality education to students in the UK. They have a strong focus on sustainability, providing various programs and services to ensure a sustainable future for their students and the community.
Their sustainability program includes initiatives such as recycling, energy conservation, and promoting sustainable practices in their schools. They also offer educational programs on sustainability to raise awareness among students, staff, and the wider community.
In terms of products and services, SUCCESS ACADEMY TRUST offers a range of educational programs for students of all ages, including primary, secondary, and further education. They also provide training and support for teachers and staff to ensure high-quality education is delivered.
The key people involved in the SUCCESS ACADEMY TRUST include the Board of Trustees, led by the CEO, who oversees the strategic direction of the organization. They also have a team of experienced educators and professionals who work together to provide a well-rounded education for their students.
For those interested in learning more about SUCCESS ACADEMY TRUST and their sustainability efforts, their website address is www.successacademytrust.org.uk. Their registered office address is located at 45-47 Great Guildford Street, London, SE19 3AF.
In summary, SUCCESS ACADEMY TRUST is dedicated to providing quality education while promoting sustainability. Their various programs and services, along with their team of dedicated individuals, make them a reputable organization in the UK education sector.
