REACH2 ACADEMY TRUST

Active
Company number 08452281Private company limited by guaranteeIncorporated 2013

Key figures

£261,977,000
Net assets 2023/24

† REACH2 ACADEMY TRUST filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Like most small UK companies, REACH2 ACADEMY TRUST does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2023/24

Sector comparison

SIC 85200

Where the company stands among the 5,057 active companies whose first SIC code is 85200 (Primary education).

Net assets£261,977,000
Higher than 99% · median £54,276
Total assets£286,572,000
Higher than 99% · median £184,613
Cash£10,408,000
Higher than 97% · median £293,000
Company age13.6 years
Older than 61% · median 10.6 years
Largest in this sector by net assets
  1. WEST HEATH 2000£9.8bn
  2. ORMISTON ACADEMIES TRUST£578.5m
  3. STAR ACADEMIES£536.1m
  4. LIFT SCHOOLS£437.6m
  5. THE CO-OPERATIVE ACADEMIES TRUST£354.6m
  6. GREENSHAW LEARNING TRUST£328.7m
  7. OUTWOOD GRANGE ACADEMIES TRUST£322.2m
  8. UNITY SCHOOLS PARTNERSHIP£289.1m
  9. REACH2 ACADEMY TRUST£262m
  10. WITHERSLACK GROUP LIMITED£244.7m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 5,057. The line on each bar marks the median.

Summary: REACH2 ACADEMY TRUST

What kind of company is it?

REACH2 ACADEMY TRUST is a private company limited by guarantee registered with Companies House under company number 08452281. It was incorporated on 19 Mar 2013. Its status is active. The registered office is in Burton-on-trent (DE13). Its nature of business (SIC 2007) is primary education (85200).

How is the company doing financially?

The latest accounts in the database are for 2023/24 (period ending 31 Aug 2024); the company files full accounts. Net assets were £261,977,000. Cash at bank and in hand was £10,408,000. Total assets were £286,572,000 and total liabilities £15,751,000.

How does it compare with similar companies?

Compared with 5,057 active companies whose first SIC code is 85200: By net assets it ranks higher than 99% of them (median £54,276). By total assets it ranks higher than 99% of them (median £184,613). By cash it ranks higher than 97% of them (median £293,000). It is older than 61% of them (median age 10.6 years).

Does it supply the public sector?

The company is named as the supplier in one public contract award notice, from Department for Education. 1 of the awards is shared with other suppliers, typically framework agreements. It is recorded as the recipient of 28 central government grants worth £10.9m, mainly from Department for Education.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Skilled Worker). In its latest payment practices report it took an average of 39 days to pay suppliers, and 44% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 38.7% lower than for men.

When are its next filings due?

The next accounts are due by 31 May 2027. The next confirmation statement is due by 19 Mar 2027.

Filed accounts2023/24
2023/24 †
Cash at bank and in hand10,408,000
Total assets286,572,000
Total liabilities15,751,000
Net assets / total equity261,977,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

1 contract

REACH2 ACADEMY TRUST is named as a supplier in 1 public contract award notice from Department for Education. 1 award is shared with other suppliers.

Contract
  1. Framework Agreement for National Leaders of Education (NLEs)‡Department for Education · shared by 51 suppliers

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Government grants

28 grants

REACH2 ACADEMY TRUST is recorded as the recipient of 28 central government grants since 2018, together worth £10.9m.

Funders
Department for Education
26 grants · £10.8m
Department for Digital, Culture, Media and Sport
1 grant · £41.3k
Department for Business, Energy and Industrial Strategy
1 grant · £14.2k
Grants
  1. Public Sector Low Carbon Skills Fund (Phase 1)Department for Business, Energy and Industrial Strategy · £14,210 · Public Sector Low Carbon Skills Fund - Phase 1
  2. Apprenticeships Participation 16 - 18Department for Education · £2,000
  3. Apprenticeships Participation 18+Department for Education · £1,000
  4. Sub-National SupplyDepartment for Education · £62,800
  5. Free Schools Project Development GrantsDepartment for Education · £58,240
Show 23 more
  1. School Condition Allocation - Multi-Academy Trust RecipientsDepartment for Education · £3,470,874
  2. Priority Schools Building Programme 2Department for Education · £9,514
  3. Multi-Academy Trust Condition Loans ProgrammeDepartment for Education · £427,687
  4. School Condition Allocation - Multi-Academy Trust RecipientsDepartment for Education · £580,501
  5. School Condition Allocation - Multi-Academy Trust RecipientsDepartment for Education · £580,501
  6. School Condition Allocation - Multi-Academy Trust RecipientsDepartment for Education · £580,501
  7. School Condition Allocation - Multi-Academy Trust RecipientsDepartment for Education · £580,501
  8. Priority Schools Building Programme 2Department for Education · £489,210
  9. Priority Schools Building Programme 2Department for Education · £20,000
  10. Priority Schools Building Programme 2Department for Education · £15,000
  11. Priority Schools Building Programme 2Department for Education · £2,500
  12. Priority Schools Building Programme 2Department for Education · £2,500
  13. Priority Schools Building Programme 2Department for Education · £9,514
  14. ALB-Sport England-Outdoor swimming pool worksDepartment for Digital, Culture, Media and Sport · £41,323 · ALB-Sport England-Facilities
  15. Multi-Academy Trust Condition Loans ProgrammeDepartment for Education · £1,000,000
  16. Multi-Academy Trust Condition Loans ProgrammeDepartment for Education · £1,500,000
  17. Multi-Academy Trust Condition Loans ProgrammeDepartment for Education · £500,000
  18. Multi-Academy Trust Condition Loans ProgrammeDepartment for Education · £500,000
  19. Multi-Academy Trust Condition Loans ProgrammeDepartment for Education · £72,313
  20. Priority schools building programme 2Department for Education · £5,000 · Priority Schools Building Programme 2
  21. Priority schools building programme 2Department for Education · £45,000 · Priority Schools Building Programme 2
  22. Priority schools building programme 2Department for Education · £294,549 · Priority Schools Building Programme 2
  23. Priority schools building programme 2Department for Education · £35,000 · Priority Schools Building Programme 2

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Payment practices1 Mar 2026 – 31 Aug 2026
Average time taken to pay invoices
39 days
Invoices not paid within agreed terms
44%
Member of a payment code
No
  • Within 30 days 56%
  • 31 to 60 days 33%
  • After 60 days 11%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
28 Feb 2026
61
23%
77%
31 Aug 2025
53
60%
40%
28 Feb 2025
55
58%
42%
31 Aug 2024
62
50%
50%
29 Feb 2024
53
47%
53%
31 Aug 2023
38
59%
41%
28 Feb 2023
38
54%
46%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 38.7% lower
Mean hourly pay
women 24.4% lower
Employer size
1000 to 4999 employees
Lower pay quarter95.1% womenLower middle91.9% womenUpper middle85.3% womenUpper pay quarter82.9% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 38.2% lower
women 24.6% lower
2023/24
women 31.9% lower
women 27.5% lower
2022/23
women 34.3% lower
women 26.6% lower
2021/22
women 32.3% lower
women 25.6% lower
2020/21
women 29.5% lower
women 25.2% lower
2019/20
women 33.5% lower
women 25.6% lower
2018/19
women 33.2% lower
women 26.1% lower
2017/18
women 30.7% lower
women 24.8% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Route
Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

10 events
  1. Financial year endedAccounts filed at Companies House
  2. Financial year 2023/24 endedAccounts: net assets £262m
  3. Mr Roger Michael Pryce ceased to be a person with significant control
  4. Rt Revd David Douglas James Rossdale ceased to be a person with significant control
  5. Mr Peter Christopher Little ceased to be a person with significant control
  6. Mr Roger Michael Pryce registered as a person with significant control
  7. Rt Revd David Douglas James Rossdale registered as a person with significant control
  8. Mr Peter Christopher Little registered as a person with significant control
Earlier events (2)
  1. Name changed to REACH2 ACADEMY TRUSTPreviously REACH2ESSEX ACADEMY TRUST
  2. Company incorporatedPrivate company limited by guarantee

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.