THE MIDLAND ACADEMIES TRUST
Company Information
- Company Number
- 07191874
- Registered Address
- North Warwickshire Andsouth Leicestershire College, Hinckley Road, Nuneaton, Warwickshire, England, CV11 6BH
- Status
- Active
- Employee Count
- 338
- Turnover
- £27,103,000
- EBITDA
- £2,347,000
Additional Details
- Website
- https://www.midlandat.co.uk/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 16 March 2010
- Nature of Business
- 85310 - General secondary education
- Industries
- Education,Professional Services
- Region
- West Midlands
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 Mar 2022 - 31 Aug 2022 | 16 Nov 2022 | 24 | 85% | 13% | 2% | 15% |
| 01 Sept 2021 - 28 Feb 2022 | 18 Mar 2022 | 28 | 96% | 2% | 2% | 25% |
| 01 Sept 2020 - 28 Feb 2021 | 17 Mar 2021 | 28 | 96% | 2% | 2% | 29% |
| 01 Mar 2020 - 31 Aug 2020 | 09 Sept 2020 | 23 | 95% | 3% | 2% | 23% |
| 01 Sept 2019 - 29 Feb 2020 | 18 Mar 2020 | 29 | 95% | 3% | 2% | 24% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 25 | 95% | 2% | 3% | 79% |
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
30 Days
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
Credit Control by finance team
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 Midland Academies Trust is a multi-academy trust based in the Midlands, England. It was established in 2012 with the aim of providing high-quality education and support to its member schools.
The trust operates through a network of four secondary schools and one primary school, all of which are located in the Warwickshire area. These schools are: Nuneaton Academy, George Eliot School, Hartshill School, The Nuneaton Academy and Stockingford Academy.
The trust is committed to promoting sustainability and has a comprehensive sustainability program in place. This includes initiatives such as recycling, reducing energy consumption, and promoting eco-friendly practices in its schools. The trust also encourages its students to actively participate in sustainability projects and raise awareness about environmental issues.
In addition to its focus on sustainability, the trust also offers a range of products and services to its member schools. This includes financial, human resources, and legal support, as well as access to shared resources and expertise.
The key people at the Midland Academies Trust include the CEO, Executive Headteachers, and a Board of Trustees. They work closely with the schools to ensure high-quality education and effective management of resources.
For more information on the trust, its sustainability program, and the services it offers, you can visit their website at www.midlandacademiestrust.co.uk. The trust's registered office address is Midland Academies Trust, Nuneaton Academy, Radnor Drive, Nuneaton, Warwickshire, CV10 7NR.
