Score of 97.2/100 qualifies for PaymentCheck Certification
| 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 Mar 2025 - 31 Aug 2025 | 01 Sept 2025 | 9 | 96% | 4% | 0% | 6% |
| 01 Sept 2023 - 29 Feb 2024 | 05 Mar 2024 | 4 | 99% | 1% | 0% | 1% |
| 01 Mar 2023 - 31 Aug 2023 | 12 Sept 2023 | 9 | 99% | 1% | 0% | 1% |
| 01 Sept 2022 - 28 Feb 2023 | 22 Mar 2023 | 8 | 99% | 0% | 1% | 1% |
| 01 Mar 2022 - 31 Aug 2022 | 01 Sept 2022 | 8 | 99% | 1% | 0% | 1% |
| 01 Sept 2021 - 28 Feb 2022 | 03 Mar 2022 | 7 | 99% | 1% | 0% | 2% |
| 01 Mar 2021 - 31 Aug 2021 | 21 Sept 2021 | 5 | 99% | 1% | 0% | 1% |
| 01 Sept 2020 - 28 Feb 2021 | 01 Mar 2021 | 6 | 99% | 0% | 1% | 2% |
| 01 Mar 2020 - 31 Aug 2020 | 03 Sept 2020 | 8 | 98% | 1% | 1% | 4% |
| 01 Sept 2019 - 29 Feb 2020 | 18 Mar 2020 | 10 | 95% | 4% | 1% | 6% |
| 01 Mar 2019 - 31 Aug 2019 | 27 Nov 2019 | 6 | 99% | 1% | 0% | 4% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The standard payment term is 30 days from the invoice date.
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
Any disputes should be raised with accounts.payable@lionacademytrust.net in the first instance. If unsatisfied with the response, please escalate to the Chief Financial Controller: jean@lionacademytrust.net.
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
LION ACADEMY TRUST is a multi-academy trust based in the United Kingdom that aims to provide high-quality education to students in a sustainable manner. The trust currently operates seven academies across London and the South East, with plans to expand further in the future.
The trust has a strong focus on sustainability and has implemented various initiatives and programs to promote environmental awareness and responsibility among its students. These include recycling programs, energy-saving measures, and promoting sustainable transportation methods like walking and cycling.
LION ACADEMY TRUST offers a variety of products and services to its students, including a well-rounded and engaging curriculum, extracurricular activities, and access to modern facilities and resources. The trust also provides continuous professional development opportunities for its staff, ensuring that they are equipped with the latest teaching techniques and methods.
The key people leading LION ACADEMY TRUST include the CEO, who oversees the strategic direction and day-to-day operations of the trust, and the Board of Trustees, who provide guidance and support. The trust also has a team of dedicated teachers and staff who are committed to providing the best education for their students.
For more information on LION ACADEMY TRUST and its academies, interested parties can visit their website at www.lionacademytrust.net. The trust's registered office address is at 1st Floor, 7-10 Chandos Street, London, W1G 9DQ.