The average time taken for THE BROOKE WESTON TRUST to pay invoices has been increasing over the years, with the highest time taken in 2023 at 52 days. However, there was a slight decrease in 2021, with an average of 30 days. The percentage of invoices paid within 30 days has also been decreasing over the years, with the lowest percentage in 2022 at 32%.
There has been a significant increase in volatility in 2020, with the percentage of invoices paid later than 60 days increasing to 17% compared to the previous year's 8%. There was also a decrease in the percentage of invoices paid within 30 days, from 69% in 2019 to 55% in 2020.
| 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 2025 - 31 Aug 2025 | 13 Oct 2025 | 48 | 35% | 49% | 16% | 25% |
| 01 Sept 2024 - 28 Feb 2025 | 13 Oct 2025 | 33 | 61% | 26% | 13% | 20% |
| 01 Mar 2024 - 31 Aug 2024 | 13 Oct 2025 | 45 | 57% | 24% | 19% | 22% |
| 01 Sept 2023 - 29 Feb 2024 | 03 Apr 2024 | 43 | 53% | 27% | 20% | 12% |
| 01 Mar 2023 - 31 Aug 2023 | 12 Oct 2023 | 49 | 50% | 30% | 20% | 13% |
| 01 Sept 2022 - 28 Feb 2023 | 27 Mar 2023 | 52 | 32% | 36% | 32% | 15% |
| 01 Mar 2022 - 28 Aug 2022 | 27 Sept 2022 | 33 | 63% | 29% | 8% | 26% |
| 01 Sept 2001 - 28 Feb 2022 | 25 Mar 2022 | 28 | 70% | 24% | 6% | 49% |
| 01 Mar 2021 - 31 Aug 2021 | 04 Oct 2021 | 30 | 73% | 20% | 7% | 50% |
| 01 Sept 2020 - 28 Feb 2021 | 05 Mar 2021 | 32 | 66% | 25% | 9% | 51% |
| 01 Mar 2020 - 31 Aug 2020 | 29 Sept 2020 | 42 | 55% | 28% | 17% | 58% |
| 01 Mar 2019 - 31 Aug 2019 | 20 Sept 2019 | 35 | 69% | 23% | 8% | 40% |
| 01 Sept 2018 - 28 Feb 2019 | 25 Mar 2019 | 30 | 68% | 24% | 8% | 38% |
| 01 Mar 2018 - 31 Aug 2018 | 27 Sept 2018 | 24 | 83% | 13% | 4% | 25% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 24 | 82% | 14% | 4% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard Terms for payment are 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
These should be made in writing to the Systems and Operations Manager who will attempt to resolve.
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
The Brooke Weston Trust is a multi-academy trust based in the UK that operates a network of schools in the East Midlands and East Anglia regions. The trust was founded in 1992 and is committed to providing high-quality education and support for its students.
One of the key initiatives of the Brooke Weston Trust is their sustainability program, which aims to reduce the environmental impact of their schools through initiatives such as recycling, energy efficiency, and promoting sustainable travel options. They also have a dedicated team that works to incorporate sustainability into the curriculum and raise awareness among students about environmental issues.
The trust offers a diverse range of products and services, including primary and secondary education, teacher training, and support for students with special educational needs. They also have a strong focus on developing students' skills and talents through extracurricular activities and partnerships with local businesses and organizations.
The key people involved in the Brooke Weston Trust include its CEO, Dr. Andrew Campbell, and its Board of Directors. The trust also has a team of dedicated staff and teachers at each of its schools who work tirelessly to provide a high-quality education for their students.
For more information on the Brooke Weston Trust, including their schools, services, and sustainability program, please visit their website at www.brookewestontrust.org. Their registered office address is Brooke Weston Trust, Gainsborough Road, Corby, Northamptonshire, NN18 9NS.