THE SHARED LEARNING TRUST
Company Information
- Company Number
- 05958361
- Registered Address
- The Chalk Hills Academy, Leagrave High Street, Luton, Bedfordshire, England, LU4 0NE
- Status
- Active
- Employee Count
- 618
- Turnover
- £34,085,000
- EBITDA
- £1,040,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 6 October 2006
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Education
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time to pay for THE SHARED LEARNING TRUST has increased over the past three periods, from 34 days in Sep 2017 to 38.7 days in Feb 2019. This increase is mainly due to a rise in the percentage of invoices paid later than 60 days, which has increased from 10% to 16%.
Volatility Analysis
The volatility in the average time to pay for THE SHARED LEARNING TRUST is relatively low, with only a 4.7 day difference between the lowest and highest average time to pay in the past three periods.
Performance Reports History
| 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 Sept 2017 - 28 Feb 2018 | 22 Mar 2018 | 34 | 57% | 33% | 10% | 43% |
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
The standard length of time for payment of invoices is 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
30
Dispute Resolution Process
The business’ process for resolving disputes related to payment is to first ascertain whether a purchase order was raised for the goods/services. An official purchase order should be raised for all goods and services, except those using petty cash or where the Financial Director approves otherwise. If an order has been raised, correspondence with the member of staff who order the goods or the budget holder will usually pinpoint why there is a delay in approving the invoice for payment. Any concerns will be conveyed to the supplier to see how to remedy the situation.
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
The Shared Learning Trust is a multi-academy trust based in the United Kingdom that provides education and support services to over 6,000 students across six schools. The trust was established in 2015 and is committed to improving the quality of education and opportunities for its students.
As part of its sustainability program, the trust focuses on promoting environmental awareness and responsibility among its students, staff, and the wider community. This includes initiatives such as reducing waste, conserving energy, and promoting sustainable transportation methods.
The trust offers a range of products and services to its member schools, including shared resources and expertise, financial support, and training opportunities for teachers. It also works closely with local businesses and organizations to provide work experience and career guidance for its students.
The key people at the Shared Learning Trust include CEO Cathy Barr, who has over 30 years of experience in education, and Chair of the Trust Board, Peter Greenhalgh, who has a background in business and finance. The trust also has a team of dedicated trustees, governors, and staff who work together to ensure the best possible education for its students.
For more information on the Shared Learning Trust, including contact details and upcoming events, please visit their website at www.sharedlearningtrust.org.uk. The registered office address for the trust is 2a South Street, Romford, Essex, RM1 1RX.
