Score of 83.95/100 qualifies for PaymentCheck Certification
| 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 2025 - 28 Feb 2026 | 20 Mar 2026 | 28 | 78% | 14% | 8% | 14% |
| 01 Mar 2025 - 31 Aug 2025 | 09 Sept 2025 | 24 | 83% | 11% | 6% | 17% |
| 01 Sept 2024 - 28 Feb 2025 | 19 Mar 2025 | 32 | 78% | 12% | 10% | 22% |
| 01 Mar 2024 - 31 Aug 2024 | 27 Sept 2024 | 29 | 79% | 12% | 9% | 17% |
| 01 Sept 2023 - 29 Feb 2024 | 29 Mar 2024 | 41 | 73% | 14% | 14% | 27% |
| 01 Sept 2022 - 28 Feb 2023 | 03 Apr 2023 | 54 | 45% | 24% | 31% | 55% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 32 | 65% | 22% | 13% | 35% |
| 01 Sept 2021 - 28 Feb 2022 | 18 Mar 2022 | 38 | 62% | 22% | 16% | 38% |
| 01 Mar 2021 - 31 Aug 2021 | 28 Sept 2021 | 35 | 50% | 41% | 9% | 50% |
| 01 Sept 2020 - 28 Feb 2021 | 10 Mar 2021 | 46 | 58% | 26% | 16% | 42% |
| 01 Mar 2020 - 31 Aug 2020 | 01 Oct 2020 | 50 | 58% | 23% | 19% | 42% |
| 01 Sept 2019 - 29 Feb 2020 | 16 Apr 2020 | 50 | 47% | 28% | 25% | 53% |
| 01 Mar 2019 - 31 Aug 2019 | 20 Sept 2019 | 49 | 36% | 40% | 24% | 64% |
| 01 Sept 2018 - 28 Feb 2019 | 27 Mar 2019 | 53 | 34% | 37% | 29% | 66% |
| 01 Sept 2017 - 28 Feb 2018 | 16 May 2018 | 47 | 52% | 28% | 20% | 48% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard Terms and Conditions for Goods and Services can be found on our website: https://www.dret.co.uk/Supplier-Information/
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
A complaint will be considered by the supplier account manager and escalated to the CFO if necessary
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 David Ross Education Trust is a UK-based organization that operates a network of schools across the country. The trust was founded by David Ross, a successful businessman and philanthropist, in 2006. The aim of the trust is to provide high-quality education to young people, regardless of their background or socio-economic status.
The trust currently runs 34 schools, including primary, secondary, and special schools, with over 13,000 students enrolled. They offer a wide range of academic and extracurricular programs, including sports, music, and arts, to support the holistic development of their students.
In addition to their educational activities, the David Ross Education Trust is committed to sustainability and making a positive impact on the environment. They have implemented a sustainability program across all their schools, focusing on reducing waste, promoting energy efficiency, and educating students on environmental issues.
The trust also offers a range of products and services to support their schools and students, including educational resources, IT solutions, and professional development opportunities for their staff. They also have partnerships with organizations such as the British Council and the National Citizen Service, providing students with international and community service opportunities.
Key people at the trust include the CEO, Stuart Burns, and the board of trustees, which includes David Ross himself. The trust also has a team of experienced educators and professionals who work closely with the schools to ensure the best possible education for their students.
For more information on the David Ross Education Trust, including their sustainability program and a full list of their schools, you can visit their website at www.dret.co.uk. Their registered office address is 2 Hill Court, Turnpike Close, Swingbridge Road, Grantham, Lincolnshire, NG31 7XY.