THE THINKING SCHOOLS ACADEMY TRUST
Company Information
- Company Number
- 07359755
- Registered Address
- The Thinking Schools Academy Trust, Park Crescent, Chatham, Kent, England, ME4 6NR
- Status
- Active
- Employee Count
- 2,363
- Turnover
- £170,747,000
- EBITDA
- £46,634,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 27 August 2010
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Education
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
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 2019 - 31 Aug 2019 | 02 Oct 2019 | 12 | 95% | 4% | 1% | 30% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 10 | 97% | 2% | 1% | 3% |
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
Standard payment terms are 30 days. Some suppliers (e.g. supply agencies) may specify 7 or 14 day payment terms.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
60
Dispute Resolution Process
Suppliers are contacted to discuss any discrepancies or reasons why payment cannot be made immediately e.g. goods not received or faulty, awaiting confirmation of service provision. Invoices are held on dispute until resolved and once resolved paid within the next weekly payrun.
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.
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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
Company Summary
The Thinking Schools Academy Trust (TSAT) is a multi-academy trust based in England that aims to provide high-quality education to students from all backgrounds. They have a strong focus on developing critical thinking skills in their students, enabling them to become independent learners and active citizens.
One of the key initiatives of TSAT is their sustainability program, which aims to reduce their environmental impact and promote sustainable practices within their schools. This includes measures such as reducing energy consumption, promoting recycling, and educating students on the importance of sustainability.
TSAT offers a range of products and services to support their educational mission, including teacher training programs, educational resources, and school improvement services. They also offer a virtual learning environment for their students, providing them with access to online learning materials and tools.
The key people at TSAT include the CEO, Dr. Tim McCarthy, and the Executive Principal, Mr. Jon Whitcombe. They are supported by a team of experienced educators and professionals who work together to ensure the success of the trust.
Contact information for TSAT can be found on their website, www.tsatrust.org.uk. Their registered office address is The Thinking Schools Academy Trust, New Horizons Children's Academy, Deanwood Drive, Chatham, Kent, ME5 7EH.
Overall, TSAT is dedicated to providing a high-quality education while promoting sustainability and critical thinking skills. Their commitment to these values makes them a valuable asset to the educational landscape in England.
