KERNOW LEARNING MULTI ACADEMY TRUST
Company Information
- Company Number
- 07394649
- Registered Address
- The Old Cricket Pavilion, Treninnick Hill, Newquay, Cornwall, England, TR7 2JU
- Status
- Active
- Employee Count
- 811
- Turnover
- £33,231,000
- EBITDA
- £278,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 1 October 2010
- Nature of Business
- 85200 - Primary education
- Industries
- Education
- 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 | 09 Apr 2025 | 15 | 94% | 4% | 2% | 12% |
| 01 Mar 2024 - 31 Aug 2024 | 11 Feb 2025 | 17 | 93% | 4% | 3% | 16% |
| 01 Sept 2023 - 29 Feb 2024 | 11 Feb 2025 | 15 | 94% | 3% | 3% | 13% |
| 01 Mar 2023 - 31 Aug 2023 | 15 Dec 2023 | 14 | 93% | 4% | 3% | 14% |
| 01 Sept 2022 - 28 Feb 2023 | 24 May 2023 | 15 | 97% | 2% | 1% | 9% |
| 01 Mar 2022 - 31 Aug 2022 | 09 Nov 2022 | 25 | 97% | 2% | 1% | 10% |
| 01 Sept 2021 - 28 Feb 2022 | 31 Mar 2022 | 25 | 84% | 8% | 8% | 26% |
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
We have no prescribed standard payment terms as such. Our payment terms will follow those prescribed by our suppliers, which are normally 30 days.
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
30
Dispute Resolution Process
Complaints – resolution achieved through initial contact with finance staff, who will interrogate finance system to confirm payment date/payment due date. Finance staff routinely reconcile supplier statements to the finance system and request copy invoices if undisputed invoices remain unpaid. The Trust has a centralised Finance function: the Trust is working to ensure that the majority of invoices for payment should be sent to the central location rather than the individual schools, to maximize efficiency of receipting and processing of invoices within the 30 day period. Our finance team work with a skeleton staff during school holidays, but there is still an expectation for suppliers to acknowledge our main term time working periods. Disputes – invoices will be disputed in instances of non-delivery of goods, delivery of sub-standard good, delivery of unordered good, delivery of substandard service etc. Invoices will remain unpaid until the dispute is resolved i.e. completion of service delivery, full delivery of goods, receipt of purchase credit note etc. The Trust has no instances of court action in respect of non-payment of invoices
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
Kernow Learning Multi Academy Trust is a UK-based organization that provides education and support to schools in Cornwall. The trust was established in 2016 and is dedicated to improving the quality of education for children in the region.
One of the main focuses of Kernow Learning Multi Academy Trust is sustainability. The trust has implemented various initiatives to reduce its environmental impact, such as promoting sustainable travel, reducing waste, and using renewable energy sources. They also educate students on the importance of sustainability and encourage them to be environmentally responsible.
The trust offers a wide range of services to its member schools, including financial management, human resources support, and curriculum development. They also provide training and professional development opportunities for teachers, as well as support for students with special educational needs.
The key people involved in the trust include the CEO, Dr. Liz Ellis, and the Chair of the Board of Trustees, Mr. David Harris. They work closely with a team of experienced educators and professionals to ensure the success of the trust's programs and services.
For more information, the Kernow Learning Multi Academy Trust website (www.kernowlearning.co.uk) provides details on their sustainability initiatives, services, and contact information. Their registered office address is in Truro, Cornwall, and they can be contacted via email or phone.
