Industry ranking
Score of 91.8/100 qualifies for PaymentCheck Certification
The average time taken for LIONHEART EDUCATIONAL TRUST to pay invoices has decreased over the past three periods, going from 35 days in 2017-2018 to 19 days in 2022-2023. Additionally, the percentage of invoices paid within 30 days has consistently increased, while the percentage of invoices paid later than 60 days has consistently decreased.
The data for LIONHEART EDUCATIONAL TRUST shows relatively low volatility, with only small changes in the average time taken to pay invoices and the percentages of invoices paid within different time frames over the past three periods.
LIONHEART EDUCATIONAL TRUST has shown consistent improvement in their payment practices over the past three periods. The average time taken to pay invoices has decreased from 35 days to 19 days, and the percentage of invoices paid within 30 days has increased from 57% to 88%. In the latest period, over 80% of invoices were paid within 30 days, indicating a strong commitment to timely payment by the company.
| 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 2025 - 28 Feb 2026 | 08 May 2026 | 28 | 86% | 9% | 5% | 6% |
| 01 Mar 2025 - 31 Aug 2025 | 08 May 2026 | 27 | 89% | 7% | 4% | 7% |
| 01 Sept 2024 - 28 Feb 2025 | 08 May 2026 | 18 | 91% | 6% | 3% | 7% |
| 01 Mar 2024 - 31 Aug 2024 | 15 Nov 2024 | 18 | 90% | 7% | 3% | 14% |
| 01 Sept 2023 - 29 Feb 2024 | 12 Mar 2024 | 17 | 89% | 7% | 4% | 13% |
| 01 Mar 2023 - 31 Aug 2023 | 08 Nov 2023 | 19 | 88% | 8% | 4% | 15% |
| 01 Sept 2022 - 28 Feb 2023 | 06 Apr 2023 | 19 | 87% | 7% | 6% | 13% |
| 01 Mar 2022 - 31 Aug 2022 | 13 Sept 2022 | 19 | 87% | 8% | 5% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 21 Mar 2022 | 19 | 88% | 7% | 5% | 0% |
| 01 Mar 2021 - 31 Aug 2021 | 01 Oct 2021 | 21 | 89% | 6% | 5% | 13% |
| 01 Sept 2020 - 28 Feb 2021 | 17 Mar 2021 | 31 | 73% | 17% | 10% | 27% |
| 01 Mar 2020 - 31 Aug 2020 | 21 Sept 2020 | 32 | 71% | 18% | 11% | 40% |
| 01 Sept 2019 - 29 Feb 2020 | 17 Mar 2020 | 25 | 80% | 13% | 7% | 31% |
| 01 Mar 2019 - 31 Aug 2019 | 23 Sept 2019 | 26 | 82% | 13% | 5% | 31% |
| 01 Sept 2018 - 28 Feb 2019 | 25 Mar 2019 | 29 | 74% | 19% | 7% | 38% |
| 01 Mar 2018 - 31 Aug 2018 | 14 Sept 2018 | 35 | 68% | 23% | 9% | 48% |
| 01 Aug 2017 - 28 Feb 2018 | 23 Mar 2018 | 35 | 57% | 34% | 9% | 60% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
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
A complaint or concern will be considered by the purchaser and the finance department. Complaints will reviewed when raised and investigated to enable timely payment.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Lionheart Educational Trust is a multi-academy trust based in Leicester, registered as a private company limited by guarantee. Companies House records show it was originally incorporated as Beauchamp College and later renamed Lionheart Academies Trust before adopting its current name. Its registered nature of business is other education not elsewhere classified, and its registered office is at Beauchamp City Sixth Form in Leicester. As a multi-academy trust it operates as the governing body for one or more schools rather than as a commercial enterprise, filing statutory accounts and confirmation statements as a charitable company. No further detail on the specific schools or pupil numbers it oversees is available from the evidence supplied.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk