THE SPENCER ACADEMIES TRUST
Company Information
- Company Number
- 07353824
- Registered Address
- George Spencer School Arthur Mee Road, Stapleford, Nottingham, Nottinghamshire, NG9 7EW
- Status
- Active
- Employee Count
- 2,637
- Turnover
- £166,378,000
- EBITDA
- £44,764,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 23 August 2010
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education85410 - Post-secondary non-tertiary education
- Industries
- Education
- Region
- East 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 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% |
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
Based on 30 day or agreed and negotiated terms 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
Dispute Resolution Process
Complaints received to the finance department will be dealt with along with the supplier once received.
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 Spencer Academies Trust is a multi-academy trust located in the East Midlands region of England. It was founded in 2011 and currently oversees 20 primary and secondary schools, providing education to over 12,000 students.
The trust places a strong emphasis on sustainability and has implemented various initiatives to reduce their environmental impact. This includes promoting eco-friendly practices, such as recycling and reducing waste, as well as incorporating sustainability into their curriculum.
The trust offers a wide range of products and services to its member schools, including financial management, human resources, and education support. They also provide training and development opportunities for staff and teachers to enhance their skills and knowledge.
The key people involved in the Spencer Academies Trust include the CEO, Paul West, and the Board of Directors, which is responsible for overseeing the strategic direction of the trust. They work closely with the headteachers of each school to ensure high-quality education and support for students.
For more information, the trust's website address is www.satrust.com and their registered office address is The Spencer Academies Trust, Arthur Mee Road, Stapleford, Nottingham, NG9 7EW. They can also be contacted via email at info@satrust.com or by phone at 0115 748 3310.
