LEVERHULME ACADEMY CHURCH OF ENGLAND AND COMMUNITY TRUST

PaymentCheck Score 2024
98Excellent
0.1vs last year
#219 in UK
#4 in Education
#14 in North West

Company Information

Company Number
10514293
Registered Address
Rivington And Blackrod High School Rivington Lane, Horwich, Bolton, United Kingdom, BL6 7RU
Status
Active
Employee Count
338
Turnover
£23,191,000
EBITDA
£1,007,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
7 December 2016
Nature of Business
85310 - General secondary education
Industries
Education,Professional Services
Region
North West

Time to Pay

Average Time to Pay
11 days
Shortest Period:14 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
99%
31-60 Days
0%
After 60 Days
1%
Not Paid Within Terms6%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-04-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202423 Apr 20241199%0%1%6%
01 Sept 2022 - 28 Feb 202315 May 20231099%1%0%6%
01 Sept 2021 - 28 Feb 202222 Mar 20221099%1%0%3%
01 Mar 2021 - 31 Aug 202102 Nov 20211397%3%0%0%
01 Sept 2020 - 28 Feb 202123 Jul 20211296%3%1%0%
01 Mar 2020 - 31 Aug 202023 Jul 2021699%0%1%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

Leverhulme Church of England and Community Trust's standard contractual length of time for payment of invoices, relating to qualifying contracts, is 30 days from the date of invoice. Agreements are in place with some smaller suppliers for payment within 14 days. No changes have been made to any of these terms in the reporting period

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

45

Dispute Resolution Process

Disputes relating to payments for any goods or services, under any qualifying contracts, are initially directed to the relevant finance administrator within the academy to which the goods or services were supplied or ordered. Any dispute will be investigated and resolved as quickly as possible by the Finance Manager or passed over to a member of Trust's Finance team for further investigation. Any dispute relating to any payments can also be directed to accountspayable@rbhs.co.uk or 01204 333266

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

LEVERHULME ACADEMY CHURCH OF ENGLAND AND COMMUNITY TRUST is a non-profit organization based in the United Kingdom. Their mission is to provide education, support and services to the local community.

The trust operates a Church of England academy, which offers high-quality education to students from diverse backgrounds. They also provide various community services, such as counseling, youth groups, and support for families in need.

One of the key focuses of the trust is sustainability. They are committed to promoting eco-friendly practices and educating their students and the community on environmental issues. The trust has implemented several initiatives, including recycling programs, energy-efficient practices, and promoting organic and locally sourced products.

The trust is led by a team of dedicated individuals, including the headteacher, board of trustees, and staff members. They work together to ensure the success and sustainability of the trust's programs and services.

For more information on the trust, their services, and their sustainability efforts, you can visit their website at www.leverhulmeacademy.org or contact them at their registered office address: Leverhulme Academy, Church Road, Bolton, BL3 2JZ.

Financial Metrics

Cash
£5,596,249
Net Worth
£49,445,073
Total Current Assets
£6,040,631
Total Current Liabilities
£976,318

Company Location