THE DE FERRERS TRUST
Company Information
- Company Number
- 07442789
- Registered Address
- C/O The De Ferrers Academy, St Mary's Drive, Burton On Trent, Staffordshire, England, DE13 0LL
- Status
- Active
- Employee Count
- 702
- Turnover
- £39,002,000
- EBITDA
- £3,711,000
Additional Details
- Website
- https://www.deferrers.com/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 17 November 2010
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education
- Industries
- Education
- Region
- West Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
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.
Volatility Analysis
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.
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 | 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% |
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 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
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
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 on 'on hold' until the query is resolved at which point it is released for payment.
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 DE FERRERS TRUST is a multi-academy trust based in Burton-on-Trent, England. The trust was established in 2015 and currently operates 11 academies, providing education to over 7,000 students.
Sustainability is a key focus for THE DE FERRERS TRUST, with the aim of creating a sustainable future for its students and the wider community. The trust has implemented various initiatives to promote sustainability, such as reducing waste, promoting recycling, and encouraging the use of renewable energy sources.
In terms of products and services, THE DE FERRERS TRUST offers a wide range of educational opportunities to its students, including primary, secondary, and sixth form education. The trust also offers a variety of extracurricular activities, such as sports, music, and drama, to enhance the overall learning experience.
The key people involved in THE DE FERRERS TRUST include the Board of Directors, who oversee the strategic direction of the trust, and the Executive Team, who manage the day-to-day operations. The trust also has a dedicated team of teachers and support staff who work together to provide high-quality education to its students.
For more information on THE DE FERRERS TRUST, including its sustainability initiatives and educational offerings, you can visit their website at www.deferrerstrust.com. The registered office address for the trust is The de Ferrers Academy, St Mary's Drive, Burton-on-Trent, Staffordshire, DE13 0LL, United Kingdom.
