Score of 89.3/100 qualifies for PaymentCheck Certification
The average time taken for THE DE FERRERS TRUST to pay invoices has fluctuated over the past 3 years, with a slight downward trend overall. The company has also improved in paying invoices within 30 days and decreased the percentage of invoices paid later than 60 days. However, there has been an increase in the percentage of invoices not paid within the agreed terms in the most recent period.
There has been some volatility in the average time taken to pay invoices, with the company's performance improving and then declining over the past 3 years. There has also been some volatility in the percentage of invoices paid within 30 days, with a significant increase in the most recent period. The percentage of invoices paid between 31 and 60 days has remained relatively stable, while the percentage of invoices paid later than 60 days has decreased. The percentage of invoices not paid within agreed terms has shown some volatility, with a significant increase in the most recent period.
| 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 | 26 | 90% | 7% | 3% | 12% |
| 01 Sept 2024 - 28 Feb 2025 | 10 Mar 2025 | 25 | 90% | 7% | 3% | 12% |
| 01 Mar 2024 - 31 Aug 2024 | 25 Sept 2024 | 24 | 92% | 6% | 2% | 10% |
| 01 Sept 2023 - 29 Feb 2024 | 19 Mar 2024 | 25 | 93% | 5% | 2% | 9% |
| 01 Mar 2023 - 31 Aug 2023 | 21 Sept 2023 | 25 | 92% | 6% | 2% | 8% |
| 01 Sept 2022 - 28 Feb 2023 | 28 Mar 2023 | 31 | 88% | 7% | 5% | 13% |
| 01 Mar 2022 - 31 Aug 2022 | 28 Sept 2022 | 28 | 88% | 7% | 5% | 13% |
| 01 Sept 2021 - 28 Feb 2022 | 15 Mar 2022 | 27 | 86% | 10% | 4% | 15% |
| 01 Sept 2020 - 28 Feb 2021 | 29 Mar 2021 | 26 | 82% | 11% | 7% | 20% |
| 01 Mar 2020 - 31 Aug 2020 | 29 Sept 2020 | 35 | 70% | 20% | 10% | 24% |
| 01 Sept 2019 - 29 Feb 2020 | 30 Mar 2020 | 31 | 79% | 15% | 6% | 22% |
| 01 Mar 2019 - 31 Aug 2019 | 27 Sept 2019 | 12 | 98% | 1% | 1% | 4% |
| 01 Sept 2018 - 28 Feb 2019 | 27 Mar 2019 | 33 | 73% | 16% | 11% | 30% |
| 01 Mar 2018 - 31 Aug 2018 | 28 Sept 2018 | 34 | 72% | 18% | 10% | 34% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 33 | 67% | 24% | 9% | 33% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terns are 30 days from the date of invoice. Some companies require payment quicker than this and those terms are agreed on a case by case basis.
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
Where there are queries on invoices the invoice is logged on our financial system and then the query is raised with the supplier. The invoice is marked as 'on hold' until the query is resolved at which point it is released for payment.
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
The De Ferrers Trust is a registered academy trust based in Burton upon Trent, Staffordshire. It operates The de Ferrers Academy, a secondary and sixth form school with Trent, Dove and Sixth Form campuses. Companies House records list its business as pre-primary, primary and general secondary education. The academy's own site describes provision across admissions, curriculum, sixth form courses and enrichment activities for students. As the trust behind the academy, it is responsible for the school's governance and educational delivery rather than trading commercially. The evidence indicates a single-academy structure focused on mainstream secondary and sixth form education in the local area.
Generated from the company's website and Companies House records. Sources: deferrers.com