NORTHERN EDUCATION TRUST
Company Information
- Company Number
- 07189647
- Registered Address
- Thorp Academy, Main Road, Ryton, England, NE40 3AH
- Status
- Active
- Employee Count
- 2,012
- Turnover
- £114,652,000
- EBITDA
- £3,926,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 15 March 2010
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Education,Professional Services
- Region
- North East
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 2024 - 31 Mar 2025 | 01 Apr 2025 | 38 | 59% | 32% | 9% | 55% |
| 01 Sept 2023 - 29 Feb 2024 | 26 Mar 2024 | 33 | 70% | 25% | 5% | 44% |
| 01 Mar 2023 - 31 Aug 2023 | 27 Sept 2023 | 31 | 77% | 19% | 4% | 49% |
| 01 Sept 2022 - 28 Feb 2023 | 29 Mar 2023 | 33 | 72% | 22% | 6% | 65% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 38 | 46% | 46% | 8% | 63% |
| 01 Sept 2021 - 28 Feb 2022 | 31 Mar 2022 | 51 | 31% | 50% | 19% | 76% |
| 01 Mar 2021 - 31 Aug 2021 | 29 Sept 2021 | 19 | 96% | 3% | 1% | 15% |
| 01 Sept 2020 - 28 Feb 2021 | 29 Mar 2021 | 18 | 98% | 1% | 1% | 17% |
| 01 Mar 2020 - 31 Aug 2020 | 25 Sept 2020 | 18 | 97% | 2% | 1% | 15% |
| 01 Sept 2019 - 29 Feb 2020 | 23 Mar 2020 | 21 | 94% | 5% | 1% | 18% |
| 01 Sept 2018 - 28 Feb 2019 | 11 Mar 2019 | 26 | 92% | 6% | 2% | 21% |
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
8.4. In consideration of the supply of Goods and/or Services by the Supplier, the Customer shall pay the invoiced amounts within 30 days of the date of a correctly rendered invoice to a bank account nominated in writing by the Supplier.
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
180
Dispute Resolution Process
6.1. If the Supplier fails to deliver the Goods and/or perform the Services by the applicable date, the Customer shall, without limiting or affecting other rightsorremedies available to it, have one or more of the following rights: 6.1.1. to terminate the Contract with immediate effect by giving written notice to the Supplier; 6.1.2. to refuse to accept any subsequent performance of the Services and/or delivery of the Goods which the Supplier attempts to make; 6.1.3. to recover from the Supplier any costs incurred by the Customer in obtaining substitute goods and/or services from a third party; 6.1.4. to require a refund from the Supplier of sums paid in advance for Services that the Supplier has not provided and/or Goods that it has not delivered; and 6.1.5. to claim damages for any additional costs, loss or expenses incurred by the Customer which are in any way attributable to the Supplier's failure tomeetsuch dates. 6.2. If the Supplier has delivered Goods that do not comply with the undertakings set out in clause 3.1, then, without limiting or affecting other rights orremediesavailable to it, the Customer shall have one or more of the following rights, whether or not it has accepted the Goods: 6.2.1. to terminate the Contract with immediate effect by giving written notice to the Supplier; 6.2.2. to reject the Goods (in whole or in part) whether or not title has passed and to return them to the Supplier at the Supplier's own risk and expense; 6.2.3. to require the Supplier to repair or replace the rejected Goods, or to provide a full refund of the price of the rejected Goods (if paid); 6.2.4. to refuse to accept any subsequent delivery of the Goods which the Supplier attempts to make; 6.2.5. to recover from the Supplier any expenditure incurred by the Customer in obtaining substitute goods from a third party; and 6.2.6. to claim damages for any additional costs, loss or expenses incurred by the Customer arising from the Supplier's failure to supply Goods in accordancewithclause 3.1. 6.3. These Conditions shall extend to any substituted or remedial services and/or repaired or replacement goods supplied by the Supplier. 6.4. The Customer's rights under the Contract are in addition to its rights and remedies implied by statute and common law.
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
Northern Education Trust (NET) is a leading education trust in the United Kingdom, providing high-quality education to over 20,000 students across the North of England. NET is committed to providing a sustainable and inclusive learning environment for its students, with a focus on academic excellence and personal development.
One of the main activities of NET is managing and operating over 30 academies, including primary, secondary, and special schools. These academies offer a diverse range of educational programs, including traditional academic subjects, vocational courses, and extracurricular activities.
NET also has a strong sustainability program in place, with a commitment to reducing its carbon footprint and promoting environmental awareness among its students. The trust encourages its schools to implement sustainable practices, such as using renewable energy sources and reducing waste.
In addition to its education services, NET also offers a range of products, including teacher training programs, educational resources, and consultancy services. These resources and services are designed to support the professional development of teachers and improve the quality of education within the trust's academies.
The key people at NET include the Chief Executive Officer, the Board of Trustees, and the Senior Leadership Team, who work collaboratively to ensure the success of the trust's educational and sustainability goals.
For more information about Northern Education Trust, including its sustainability initiatives and educational services, visit their website at www.northerneducationtrust.org. Their registered office address is Northern Education Trust, Cobalt Business Exchange, Cobalt Park Way, Newcastle upon Tyne, NE28 9NZ, United Kingdom.
