HAMWIC EDUCATION TRUST

PaymentCheck Score 2025
86Good
0.5vs last year
#1262 in UK
#41 in Education
#222 in South East

Company Information

Company Number
10749662
Registered Address
Unit E Mill Yard, Nursling Street, Southampton, United Kingdom, SO16 0AJ
Status
Active
Employee Count
1,856
Turnover
£77,158,000
EBITDA
£1,673,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
2 May 2017
Nature of Business
85200 - Primary education
85310 - General secondary education
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
27 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
83%
31-60 Days
11%
After 60 Days
6%
Not Paid Within Terms17%

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: 2024-03-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2024 - 28 Feb 202519 Mar 20252886%9%5%14%
01 Sept 2023 - 29 Feb 202427 Mar 20242783%11%6%17%
01 Mar 2023 - 31 Aug 202328 Sept 20232978%15%7%22%
01 Sept 2022 - 28 Feb 202327 Mar 20233081%12%7%19%
01 Mar 2022 - 31 Aug 202230 Sept 20223275%17%8%25%
01 Sept 2021 - 28 Feb 202214 Mar 20223276%17%7%24%
01 Mar 2021 - 31 Aug 202129 Sept 20213179%15%6%21%
01 Sept 2020 - 28 Feb 202124 Mar 20213279%14%7%21%
01 Mar 2020 - 31 Aug 202030 Sept 20202678%14%8%22%

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

30 days

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

enquiries are dealt with by the finance team. if a query needs to be resolved it is raised with the school in question, otherwise copy invoice is requested and payment promptly made.

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

HAMWIC EDUCATION TRUST is a multi-academy trust based in Southampton, UK. The trust was created in 2014 with the goal of providing high-quality education to students in the local community. HAMWIC currently runs six primary and secondary schools, serving over 4,000 students.

The trust's sustainability program focuses on reducing its carbon footprint and promoting eco-friendly practices within its schools. This includes implementing energy-saving measures, promoting recycling, and educating students on environmental issues. HAMWIC also encourages its schools to engage in community projects to support sustainability efforts.

In addition to its commitment to sustainability, HAMWIC offers a wide range of educational products and services. These include a broad curriculum, extracurricular activities, and specialized support for students with special needs. The trust also provides professional development opportunities for its staff to continually improve the quality of education offered.

The key people behind HAMWIC EDUCATION TRUST are the board of trustees, led by the Chief Executive Officer, Chris James. The board is responsible for setting the strategic direction of the trust and ensuring its schools deliver high-quality education. Each school within the trust also has its own leadership team, including a headteacher and senior staff.

For more information on HAMWIC EDUCATION TRUST, including its sustainability efforts, products, and services, please visit their website at www.hamwic.org.uk. The registered office address is HAMWIC EDUCATION TRUST, c/o Springwell School, Hinkler Road, Southampton, SO19 6DH.

Financial Metrics

Cash
£11,008,000
Net Worth
£168,514,000
Total Current Assets
£15,464,000
Total Current Liabilities
£6,162,000

Company Location