LEAD ACADEMY TRUST
Company Information
- Company Number
- 08296921
- Registered Address
- The Old Pumphouse, 5 The Ropewalk, Nottingham, NG1 5DU
- Status
- Active
- Employee Count
- 1,626
- Turnover
- £79,332,000
- EBITDA
- £2,089,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 16 November 2012
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Professional Services
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
In general, there has been a slight increase in the average time taken for L.E.A.D. ACADEMY TRUST to pay their invoices over the past three periods. However, there was a significant increase in the last period (2021-03-01 to 2021-08-31) compared to the previous two periods.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated between 75-81% over the past three periods, with a slight decrease in the last period. The percentage of invoices paid between 31 and 60 days has also varied between 14-21%, with a noticeable increase in the last period. The percentage of invoices paid later than 60 days has remained relatively consistent, ranging from 3-8%. The percentage of invoices not paid within agreed terms has fluctuated between 19-30%, with a slight increase in the last period.
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 | 36 | 74% | 18% | 8% | 26% |
| 01 Sept 2023 - 29 Feb 2024 | 07 Mar 2024 | 32 | 78% | 14% | 8% | 8% |
| 01 Mar 2023 - 31 Aug 2023 | 14 Sept 2023 | 35 | 75% | 19% | 6% | 25% |
| 01 Sept 2022 - 28 Feb 2023 | 07 Mar 2023 | 34 | 75% | 18% | 7% | 25% |
| 01 Mar 2022 - 31 Aug 2022 | 15 Sept 2022 | 28 | 81% | 14% | 5% | 19% |
| 01 Sept 2021 - 28 Feb 2022 | 10 Mar 2022 | 31 | 75% | 17% | 8% | 25% |
| 01 Mar 2021 - 31 Aug 2021 | 04 Oct 2021 | 25 | 75% | 20% | 5% | 25% |
| 01 Sept 2020 - 28 Feb 2021 | 10 Mar 2021 | 23 | 80% | 17% | 3% | 20% |
| 01 Mar 2020 - 31 Aug 2020 | 16 Sept 2020 | 25 | 71% | 24% | 5% | 29% |
| 01 Sept 2019 - 29 Feb 2020 | 12 Mar 2020 | 20 | 80% | 16% | 4% | 20% |
| 01 Mar 2019 - 31 Aug 2019 | 26 Sept 2019 | 21 | 78% | 16% | 6% | 22% |
| 01 Sept 2018 - 28 Feb 2019 | 13 Mar 2019 | 30 | 70% | 21% | 9% | 30% |
| 01 Mar 2018 - 31 Aug 2018 | 12 Sept 2018 | 22 | 76% | 19% | 5% | 24% |
| 01 Sept 2017 - 28 Feb 2018 | 16 Mar 2018 | 19 | 80% | 17% | 3% | 20% |
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
Pay all sums due to the contractor/ supplier within the supplier terms or receipt of a valid undisputed invoice.
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
45
Dispute Resolution Process
If the Trust receives an invoice which it reasonably believes includes a sum which is not valid and properly due or any other inaccuracy which renders the invoice invalid (a "disputed invoice"); notify the supplier/ contractor in writing as soon as reasonably practicable; to the extent the disputed element is readily identifiable, the Customer shall pay any element of the disputed invoice which is not in dispute by its due date; once the dispute has been resolved, where either Party is required to make a balancing payment, it shall do so within 5 working days and, where the Contractor is required to issue a credit note and/ or fresh invoice, it shall do so within 5 working days.
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
L.E.A.D. ACADEMY TRUST is a multi-academy trust based in the United Kingdom that aims to provide high-quality education to students in its schools. The trust was founded in 2011 and currently has 25 academies under its umbrella, spread across the East Midlands, West Midlands, and South Yorkshire regions.
The trust places a strong emphasis on sustainability and has implemented various initiatives to promote eco-friendliness across its schools. These include energy-saving programs, recycling schemes, and promoting sustainable travel options for students and staff. L.E.A.D. ACADEMY TRUST also encourages its schools to incorporate sustainability into their curriculum, teaching students about environmental issues and the importance of being environmentally responsible.
The trust offers a range of products and services to support its schools, such as professional development opportunities for teachers, financial management support, and central services such as HR and IT. They also provide support for school improvement, including leadership development and governance support.
The key people at L.E.A.D. ACADEMY TRUST include its CEO, Jane Robinson, and its Board of Directors, which is made up of experienced education professionals and community representatives. The trust also has a team of education advisors and support staff who work closely with its schools to ensure high standards of education and support are maintained.
The registered office address for L.E.A.D. ACADEMY TRUST is L.E.A.D. Academy Trust, 5a The Ropewalk, Nottingham, NG1 5DU. Their website address is www.leadacademytrust.co.uk, where more information about the trust, its schools, and its sustainability program can be found.
