PARADIGM TRUST
Company Information
- Company Number
- 08469218
- Registered Address
- Culloden Primary School, Dee Street, London, E14 0PT
- Status
- Active
- Employee Count
- 437
- Turnover
- £35,339,000
- EBITDA
- £7,286,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 2 April 2013
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Education
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for PARADIGM TRUST to pay invoices has decreased over the past three periods, from 25 days in 2017-2018 to 9 days in 2022-2023. The percentage of invoices paid within 30 days has consistently been above 75%, with a peak of 99% in 2021-2022. However, there has been an increase in the percentage of invoices paid between 31 and 60 days, from 12% in 2017-2018 to 18% in 2020-2021. The percentage of invoices paid later than 60 days has also increased, reaching a high of 8% in 2020-2021.
Volatility Analysis
There has been some volatility in PARADIGM TRUST's payment patterns over the past three periods. The average time taken to pay invoices has fluctuated between 8 and 28 days, with a peak in 2020-2021. The percentage of invoices paid within 30 days has remained relatively stable, while the percentage of invoices paid between 31 and 60 days has fluctuated between 16 and 18%. The percentage of invoices paid later than 60 days has seen the most volatility, ranging from 4% to 8%.
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 2023 - 29 Feb 2024 | 06 Mar 2024 | 7 | 99% | 1% | 0% | 1% |
| 01 Mar 2023 - 31 Aug 2023 | 11 Sept 2023 | 9 | 99% | 1% | 0% | 1% |
| 01 Sept 2022 - 28 Feb 2023 | 10 Mar 2023 | 8 | 98% | 2% | 0% | 2% |
| 01 Mar 2022 - 31 Aug 2022 | 04 Oct 2022 | 9 | 98% | 2% | 0% | 2% |
| 01 Sept 2021 - 28 Feb 2022 | 10 Mar 2022 | 9 | 99% | 1% | 0% | 1% |
| 01 Mar 2021 - 31 Aug 2021 | 15 Sept 2021 | 28 | 77% | 16% | 7% | 23% |
| 01 Sept 2020 - 28 Feb 2021 | 08 Mar 2021 | 28 | 75% | 17% | 8% | 26% |
| 01 Mar 2020 - 31 Aug 2020 | 14 Sept 2020 | 28 | 74% | 18% | 8% | 26% |
| 01 Sept 2019 - 29 Feb 2020 | 20 Mar 2020 | 24 | 80% | 15% | 5% | 20% |
| 01 Mar 2019 - 31 Aug 2019 | 11 Sept 2019 | 23 | 84% | 12% | 4% | 16% |
| 01 Sept 2018 - 28 Feb 2019 | 21 Mar 2019 | 22 | 78% | 17% | 5% | 22% |
| 01 Mar 2018 - 31 Aug 2018 | 26 Sept 2018 | 21 | 79% | 16% | 5% | 21% |
| 01 Sept 2017 - 28 Feb 2018 | 23 Mar 2018 | 25 | 83% | 12% | 5% | 17% |
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 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
All disputes are handled by the finance supervisor in the first instance. If these cannot be resolved they are escalated to the CFO.
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
PARADIGM TRUST is a multi-academy trust based in London, UK. They are committed to providing high-quality education and support to their schools and students, and also have a strong focus on sustainability.
Their sustainability program includes initiatives such as reducing waste and energy consumption, promoting eco-friendly practices, and teaching students about environmental responsibility. They also work closely with their schools to integrate sustainability into the curriculum.
PARADIGM TRUST offers a range of products and services to their schools, including financial management, IT support, and HR services. They also provide professional development opportunities for their staff and work closely with parents and the local community to support the education and well-being of their students.
The key people at PARADIGM TRUST include their CEO, Amanda Phillips, and their Board of Directors, who bring a wealth of experience and expertise to the trust. They also have a team of dedicated staff who work tirelessly to support their schools and students.
Contact information for PARADIGM TRUST can be found on their website, including their registered office address in London. Their website also provides information about their schools, news and events, and opportunities to get involved or support their work. Overall, PARADIGM TRUST is a reputable and dedicated multi-academy trust with a strong focus on sustainability and providing quality education for their students.
