| 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 Mar 2019 - 31 Aug 2019 | 07 Oct 2019 | 37 | 72% | 18% | 10% | 28% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 41 | 67% | 18% | 15% | 15% |
| 29 Aug 2017 - 28 Feb 2018 | 04 Apr 2018 | 67 | 13% | 48% | 39% | 46% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
General payment terms are 30 days from invoice date or date of receipt of invoice if later, but will vary for up tp 45 days for large national accounts.
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
Cognita Schools Ltd aim to avoid payment disputes by agreeing upfront clear payment and contract arrangements. These are either specified in standard Cognita T&C , or where agreed, via the suppliers own terms and conditions as specified in the suppliers contract. The company's policy is to discuss and subsequent payment disputes on e timely basis, and where possible, seek a mutually acceptable resolution. Bearing this if fails we will seek legal advice.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Cognita Schools Limited is the registered entity linked to Akeley Wood School, a co-educational independent day school with campuses in Buckinghamshire and Northamptonshire. The school caters for pupils aged one to eighteen, spanning nursery, reception, junior, senior and sixth form provision. Its own materials describe it as now part of Blenheim Schools, a group described as a community of seventeen schools with shared staff and resources. The school offers a broad curriculum alongside pastoral care, extra-curricular activities and sixth form preparation for progression to university or employment. This entity's registered SIC codes cover pre-primary, primary and general secondary education, consistent with the age range and stages described on the school's own website.
Generated from the company's website and Companies House records. Sources: akeleywoodschool.co.uk · akeleywoodschool.co.uk · akeleywoodschool.co.uk