LUMEN CHRISTI CATHOLIC MULTI ACADEMY COMPANY

Company Information

Company Number
09471525
Registered Address
St Thomas Aquinas Catholic School, Wychall Lane, Birmingham, B38 8AP
Status
Active
Employee Count
427
Turnover
£22,059,000
EBITDA
£1,021,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
4 March 2015
Nature of Business
85100 - Pre-primary education
85200 - Primary education
85310 - General secondary education
Industries
Care Services, Education
Region
West Midlands

Time to Pay

Average Time to Pay
24 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
85%
31-60 Days
10%
After 60 Days
5%
Not Paid Within Terms2%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-09-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2018 - 28 Feb 201928 Mar 20193372%18%10%0%

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

The MAC operates a standard 30 day payment unless otherwise agreed

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

Dispute Resolution Process

Invoices that are in dispute are dealt with at each location individually with a named person responsible. Escalation to LCMAC PFO if unresolved or dispute continuing.

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

LUMEN CHRISTI CATHOLIC MULTI ACADEMY COMPANY is a Catholic educational organization that aims to provide high-quality education to students in the United Kingdom. The company operates a network of Catholic schools, including primary, secondary, and sixth form institutions, in the Diocese of Nottingham.

One of the key focuses of LUMEN CHRISTI CATHOLIC MULTI ACADEMY COMPANY is sustainability. The company has implemented various initiatives to reduce their environmental impact and promote sustainability within their schools. This includes energy-saving measures, waste reduction programs, and promoting environmentally-friendly transportation options for students.

The company offers a range of products and services, including academic and spiritual education, extracurricular activities, and support for students with special educational needs. They also have a strong emphasis on promoting Catholic values and fostering a sense of community within their schools.

The key people behind LUMEN CHRISTI CATHOLIC MULTI ACADEMY COMPANY include the Board of Directors, which is responsible for overseeing the strategic direction of the organization, and the Executive Team, which manages the day-to-day operations of the company. The company also has a team of dedicated teachers and staff who work together to provide a nurturing and inclusive learning environment for their students.

For more information on LUMEN CHRISTI CATHOLIC MULTI ACADEMY COMPANY and their schools, you can visit their website at www.lumenchristicmac.co.uk. The registered office address for the company is located at Nottingham Diocesan Education Service, Willson House, Derby Road, Nottingham, NG1 5AW.

Financial Metrics

Cash
£4,088,000
Net Worth
£2,437,000
Total Current Assets
£4,688,000
Total Current Liabilities
£2,879,000

Company Location