ENGAGE, ENRICH, EXCEL ACADEMIES demonstrates a strong payment speed profile, with an average settlement time of 12 days, well ahead of standard 30-day terms. The vast majority of invoices (93%) are paid within 30 days, indicating a consistent and disciplined payment culture. Only 7% of payments extend beyond 30 days, with a minimal 2% exceeding 60 days, suggesting late payments are isolated rather than systemic.
The 10% late payment rate introduces a modest layer of unpredictability, as it sits slightly above what the 31-60 day and over-60-day buckets alone would imply, suggesting some invoices are technically late but still resolved quickly. Overall, the payment behaviour is highly predictable, with low exposure to extended delays or default risk. The concentration of payments within the 30-day window (93%) confirms this is a reliable payer with limited cash flow concerns from a supplier perspective.
ENGAGE, ENRICH, EXCEL ACADEMIES presents a low-risk profile and can be considered a favourable trading partner under standard payment terms. The 12-day average and strong on-time performance make this account suitable for normal credit terms without requiring upfront payment or reduced credit limits. To manage the 10% late rate, suppliers may benefit from issuing proactive payment reminders at day 7-10 post-invoice to maintain the strong payment cadence already observed.
| 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 | 25 Mar 2026 | 12 | 93% | 5% | 2% | 10% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The trust undertakes to pay valid invoices within 30 days of invoice date, received physically or electronically to the nominated site address of the trust A valid invoice is one that: - is for the correct net amount and correctly calculated VAT with valid VAT number; - is dated correctly (no more than 5 working days earlier than received) - meets the agreed contractual timescales, in respect of goods/services supplied - meets the expected quality standard in respect of goods/services supplied - references the relevant purchase order or contract number - references the correct site and address
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
Disputes should be raised to local buying offices in the first instance and escalated to the trust central office as appropriate.
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
Engage, Enrich, Excel Academies is an educational organisation operating within the academy school sector in the United Kingdom. Structured as a private limited company by guarantee without share capital, it operates under an exemption from including "Limited" in its trading name, a legal arrangement commonly used by charitable and not-for-profit educational bodies.
The company was incorporated on 24 October 2014 and is registered under company number 09279884 with Companies House. Its registered office is located at 181 Frimley Road, Camberley, GU15 2QB, in the South East of England, and the organisation remains active.
Academy trusts of this type in the UK are responsible for the governance and operation of state-funded schools that operate independently of local authority control. They are accountable to the Department for Education and are established to raise educational standards, manage school resources, and provide structured learning environments for pupils from early years through to secondary education.
The organisation's registered address references South Camberley Primary & Nursery School, indicating its operational presence within primary and early years education in the Camberley area of Surrey.