Industry ranking
Score of 82/100 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 Mar 2024 - 31 Aug 2024 | 04 Sept 2024 | 31 | 81% | 12% | 7% | 19% |
| 01 Sept 2023 - 29 Feb 2024 | 04 Sept 2024 | 29 | 83% | 10% | 7% | 17% |
| 01 Mar 2023 - 31 Aug 2023 | 04 Sept 2024 | 30 | 83% | 11% | 6% | 17% |
| 01 Sept 2022 - 28 Feb 2023 | 04 Sept 2024 | 32 | 79% | 17% | 4% | 21% |
| 01 Mar 2022 - 31 Aug 2022 | 04 Sept 2024 | 31 | 80% | 13% | 7% | 20% |
| 01 Sept 2021 - 28 Feb 2022 | 04 Sept 2024 | 29 | 84% | 11% | 5% | 16% |
| 01 Mar 2021 - 31 Aug 2021 | 10 Jan 2022 | 28 | 81% | 12% | 7% | 19% |
| 01 Sept 2020 - 28 Feb 2021 | 01 Apr 2021 | 30 | 67% | 26% | 7% | 33% |
| 01 Mar 2020 - 31 Aug 2020 | 01 Apr 2021 | 30 | 73% | 18% | 9% | 27% |
| 01 Sept 2019 - 29 Feb 2020 | 31 Mar 2020 | 31 | 69% | 23% | 8% | 31% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Dec 2019 | 38 | 58% | 28% | 14% | 42% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 39 | 55% | 29% | 16% | 45% |
| 01 Mar 2018 - 31 Aug 2018 | 26 Oct 2018 | 33 | 65% | 25% | 10% | 35% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 40 | 65% | 30% | 5% | 35% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
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
Initial disputes are managed by the relevant Finance Manager with escalation to the Trust Chief Finance Officer where 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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Eastern Multi-Academy Trust is a multi-academy trust registered in England, operating as a charitable trust that runs primary and secondary schools. Companies House records list its activities as primary and general secondary education. Evidence confirms that Norwich Road Academy, a primary school in Thetford, operates as part of this trust, with the trust providing oversight and shared administrative functions such as data requests. The trust's role is to govern and support its member academies rather than deliver teaching directly itself, with day-to-day education provided at individual school sites under its umbrella.
Generated from the company's website and Companies House records. Sources: norwichroadacademy.co.uk