GREATER MANCHESTER ACADEMIES TRUST
Company Information
- Company Number
- 06754335
- Registered Address
- Greater Manchester Academies Trust, 1 Silchester Drive, Manchester, England, M40 8NT
- Status
- Active
- Employee Count
- 271
- Turnover
- £15,088,000
- EBITDA
- £1,813,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 20 November 2008
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2023 - 29 Feb 2024 | 28 Mar 2024 | 6 | 99% | 1% | 0% | 1% |
| 01 Mar 2023 - 31 Aug 2023 | 13 Oct 2023 | 6 | 99% | 1% | 0% | 1% |
| 01 Sept 2022 - 28 Feb 2023 | 29 Mar 2023 | 19 | 85% | 11% | 3% | 15% |
| 01 Mar 2018 - 31 Aug 2018 | 27 Nov 2018 | 21 | 73% | 22% | 5% | 27% |
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
Standard contractual terms are 30 days from date of invoice.
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
30
Dispute Resolution Process
In the event of a payment dispute the department budget holder will discuss the nature of the dispute with the finance team. The supplier will then be notified of this dispute and the actions required to bring the dispute to resolution. If a credit note needs to be raised or further goods supplied, the invoice will remain on hold until these processes have been completed. All disputes are aimed to be resolved within 30 days of the dispute being raised.
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.
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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?
❌
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
Greater Manchester Academies Trust (GMAT) is a non-profit organization that oversees and supports a network of academies in the Greater Manchester area. The trust was established in 2012 and is dedicated to providing high-quality education to students in the region.
One of the key focuses of GMAT is sustainability. The trust has implemented various initiatives to promote sustainability within its academies, such as energy-saving measures, waste reduction programs, and promoting eco-friendly practices. GMAT also works closely with its academies to incorporate sustainability into the curriculum, educating students on the importance of being environmentally responsible.
GMAT offers a range of services to its academies, including financial management, human resources support, and school improvement strategies. The trust also provides training and development opportunities for teachers and staff to ensure they are equipped with the skills and knowledge to provide the best education for students.
The key people involved in GMAT include the CEO, board of directors, and academy headteachers. They work together to ensure the trust's mission of providing an outstanding education for students is achieved.
GMAT's registered office address is The Stables, 2nd Floor, 5-7 High Street, Manchester, M4 1HY. Their website (www.greatermanchesteracademiestrust.co.uk) provides more information on the trust's activities, services, and sustainability program. GMAT can also be contacted via email at enquiries@greatermanchesteracademiestrust.co.uk or by phone at 0161 245 5766.
