Score of 89/100 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 Sept 2025 - 28 Feb 2026 | 25 Mar 2026 | 16 | 97% | 2% | 1% | 20% |
| 01 Sept 2023 - 29 Feb 2024 | 02 Apr 2024 | 16 | 93% | 7% | 0% | 39% |
| 01 Sept 2022 - 28 Feb 2023 | 30 Mar 2023 | 13 | 96% | 3% | 1% | 50% |
| 01 Mar 2022 - 31 Aug 2022 | 03 Oct 2022 | 13 | 97% | 2% | 1% | 51% |
| 01 Sept 2021 - 28 Feb 2022 | 30 Mar 2022 | 14 | 96% | 3% | 1% | 49% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 17 | 95% | 4% | 1% | 13% |
| 01 Sept 2020 - 28 Feb 2021 | 30 Mar 2021 | 17 | 95% | 4% | 1% | 14% |
| 01 Mar 2020 - 31 Aug 2020 | 28 Sept 2020 | 15 | 93% | 5% | 2% | 15% |
| 01 Sept 2019 - 29 Feb 2020 | 26 Mar 2020 | 14 | 96% | 3% | 1% | 16% |
| 01 Mar 2019 - 31 Aug 2019 | 08 Nov 2019 | 28 | 91% | 7% | 2% | 17% |
| 01 Sept 2018 - 28 Feb 2019 | 29 Mar 2019 | 27 | 80% | 16% | 4% | 18% |
| 01 Mar 2018 - 31 Aug 2018 | 25 Oct 2018 | 26 | 79% | 18% | 3% | 22% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 24 | 77% | 19% | 4% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days from date of invoice unless specifically negotiated with 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
334
Disputed invoices are held for payment by the finance team while the dispute is resolved with the supplier
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
The Spencer Academies Trust is a multi-academy trust registered in England, operating schools across the East Midlands with a particular focus on Nottinghamshire and Derbyshire. It runs primary, secondary and sixth form provision under its various academy schools, such as Arnold Hill Spencer Academy in Arnold, one of the largest secondary academies in the county with nearly 1,600 pupils. Structured records also cover pre-primary and post-secondary non-tertiary education, indicating the trust oversees a range of school stages including nurseries. As the trust entity, it functions as the governing body for its constituent academies rather than a single school itself.
Generated from the company's website and Companies House records. Sources: arnoldhillacademy.co.uk