ASPIRE ACADEMY TRUST
Company Information
- Company Number
- 07387540
- Registered Address
- 20 St Austell Business Park, Carclaze, St. Austell, Cornwall, England, PL25 4FD
- Status
- Active
- Employee Count
- 997
- Turnover
- £51,231,000
- EBITDA
- £9,988,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 24 September 2010
- Nature of Business
- 85200 - Primary education
- Industries
- Coming Soon
- Region
- South West
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 2024 - 28 Feb 2025 | 28 Mar 2025 | 19 | 88% | 8% | 4% | 0% |
| 01 Sept 2023 - 29 Feb 2024 | 28 Mar 2024 | 25 | 81% | 10% | 9% | 0% |
| 01 Mar 2023 - 31 Aug 2023 | 28 Sept 2023 | 27 | 81% | 12% | 7% | 0% |
| 01 Sept 2022 - 28 Feb 2023 | 28 Mar 2023 | 24 | 82% | 8% | 10% | 0% |
| 01 Feb 2022 - 31 Aug 2022 | 06 Oct 2022 | 22 | 86% | 7% | 7% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 07 Apr 2022 | 25 | 76% | 15% | 9% | 0% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 34 | 72% | 18% | 10% | 0% |
| 01 Sept 2020 - 28 Feb 2021 | 26 Mar 2021 | 27 | 76% | 15% | 9% | 0% |
| 01 Mar 2020 - 31 Aug 2020 | 02 Oct 2020 | 33 | 72% | 16% | 12% | 0% |
| 01 Mar 2019 - 31 Aug 2019 | 27 Nov 2019 | 21 | 84% | 10% | 6% | 41% |
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
Aspire Academy Trust's standard contractual length of time for payment of invoices, relating to qualifying contracts, is 30 days from the date of invoice. Agreements are in place with some smaller suppliers for payment within 14 days. No agreements over the 30 days maximum contractual payment period have been agreed with any supplier. No changes have been made to any of these terms in the reporting period.
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
Dispute Resolution Process
Disputes relating to payments for any goods or services, under any qualifying contracts, are initially directed to the relevant finance administrator within the academy to which the goods or services were supplied or ordered. Any dispute will be investigated and resolved as quickly as possible by the Finance Administrator or passed over to a member of Aspire Academy Trust's Finance team for further investigation. Any dispute relating to any payments can also be directed to financeenquiries@iaspire.net or 01726 438613.
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
ASPIRE ACADEMY TRUST is an education charity based in the UK that aims to provide high-quality education to children and young people. The trust was established in 2011 and currently operates 25 schools in the South West of England.
The trust is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes energy-saving measures, promoting recycling and waste reduction, and encouraging sustainable travel options for students and staff.
ASPIRE ACADEMY TRUST offers a range of products and services to its schools, including support and training for teachers, curriculum development, and financial management. The trust also provides opportunities for collaboration and sharing of best practices among its member schools.
The key people at ASPIRE ACADEMY TRUST include a board of trustees, a chief executive officer, and a team of dedicated staff who work together to achieve the trust's goals and objectives.
The trust's website (www.aspireacademytrust.org) provides information on its schools, services, and sustainability initiatives. The registered office address for ASPIRE ACADEMY TRUST is Exeter Road, Kingsteignton, Newton Abbot, Devon TQ12 3JG.
Overall, ASPIRE ACADEMY TRUST is dedicated to providing excellent education while promoting sustainability and collaboration among its member schools.
