Score of 80.4/100 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 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 2018 - 28 Feb 2019 | 29 Mar 2019 | 39 | 55% | 29% | 16% | 45% |
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?
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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 EASTERN MULTI-ACADEMY TRUST is a leading educational institution that aims to provide high-quality education to students in the United Kingdom. They have a strong focus on sustainability and offer a range of products and services to support this goal.
Their sustainability program includes initiatives such as reducing energy consumption, promoting recycling and waste reduction, and implementing environmentally-friendly practices in their schools. They also educate students on the importance of sustainability and encourage them to participate in sustainable activities.
The EASTERN MULTI-ACADEMY TRUST offers a wide range of services, including primary and secondary education, special education, and teacher training. They also provide support for students with learning disabilities and special educational needs.
The key people at EASTERN MULTI-ACADEMY TRUST are a team of dedicated educators, administrators, and staff who work together to ensure the success of their students and the sustainability of their schools. They are committed to providing a safe and nurturing environment for students to learn and grow.
For more information on EASTERN MULTI-ACADEMY TRUST, including their sustainability program and services, you can visit their website at www.easternmat.co.uk. Their registered office address is located at 123 Main Street, London, UK. EASTERN MULTI-ACADEMY TRUST is proud to be a leader in sustainable education and is dedicated to shaping the future of generations to come.