CYGNUS ACADEMIES TRUST
Company Information
- Company Number
- 09950137
- Registered Address
- Manor Community Primary School, Keary Road, Swanscombe, England, DA10 0BU
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 13 January 2016
- Nature of Business
- 85200 - Primary education
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
CYGNUS ACADEMIES TRUST demonstrates a strong payment trend, consistently settling invoices with an average payment time of just 14 days. A remarkable 98% of payments are completed within 30 days, indicating a highly efficient and prompt payment trajectory.
Volatility Analysis
The payment profile of CYGNUS ACADEMIES TRUST shows high reliability and predictability for suppliers, with only 1% of payments falling into the 31-60 day category and 1% exceeding 60 days. This minimal incidence of late payments (total 1% late) suggests very low volatility in payment performance, presenting negligible risk from delayed settlements.
Summary Analysis
Based on the consistent prompt payments and minimal late rates, CYGNUS ACADEMIES TRUST represents a highly reliable counterparty for suppliers, making it an attractive business partner. The negligible late payment rate suggests no significant specific risk mitigation strategies beyond standard contractual terms are immediately necessary for short-term engagements. Suppliers can confidently expect timely payments, ensuring predictable cash flow and low financial risk.
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 2024 - 28 Feb 2025 | 28 Jul 2025 | 14 | 98% | 1% | 1% | 1% |
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 contractual terms are 30 days from date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
A dispute will be discussed between the department ordering the goods or services and our accounts department and if no further action is needed the invoice will approved for payment and paid within 30 days, if the supplier needs to raise a credit or there is a query the invoice will be placed on hold until it is resolved we aim to resolve all queries within the 30 days so the payment is not late.
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.
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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?
❌
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
CYGNUS ACADEMIES TRUST operates as a private limited company by guarantee, functioning as an educational trust. This structure indicates its primary purpose is not for private profit, aligning with its role in the education sector.
The trust is an active entity, incorporated on 13 January 2016, under company number 09950137. Its registered office is located at Manor Community Primary School, Keary Road, Swanscombe, England, DA10 0BU, situated within the South East region.
As an academies trust, the organisation typically specialises in the establishment, management, and development of academy schools. Its core services involve providing educational provision, governance, and operational oversight for the schools under its remit within the UK's education system.