Score of 99.6/100 qualifies for PaymentCheck Certification
NISHKAM SCHOOLS MULTI ACADEMY TRUST demonstrates a strong payment performance with an average settlement time of 23 days, well within the standard 30-day benchmark. The distribution shows 82% of invoices paid within 30 days and the remaining 18% falling within the 31-60 day window, indicating a consistently prompt payment culture. The complete absence of payments beyond 60 days and zero late payment instances reinforces a stable and reliable payment trajectory.
Payment behaviour is highly predictable, with no recorded instances of late or overdue payments, significantly reducing financial exposure for suppliers. The 18% of invoices settling in the 31-60 day band represents a minor variance from the primary payment cycle but poses no material risk given the controlled upper limit of 60 days. Overall volatility is low, and suppliers can forecast cash flow with reasonable confidence when trading with this organisation.
NISHKAM SCHOOLS MULTI ACADEMY TRUST represents a low-risk payment counterpart, suitable for standard trade credit terms without the need for enhanced credit controls or prepayment conditions. Suppliers should feel confident extending net-30 terms, with the understanding that a small proportion of invoices may settle marginally beyond this window. As a precautionary measure, maintaining clear invoice documentation and polite payment reminders at day 25 can help ensure consistent alignment with the 30-day target.
| 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 | 27 Mar 2026 | 23 | 82% | 18% | 0% | 0% |
| 01 Sept 2024 - 31 Aug 2025 | 12 Mar 2026 | 2 | 99% | 1% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days end of month
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
Notification of Dispute If a supplier has a payment dispute, they must notify the finance team in writing (via email or letter) with details of the issue, including invoice number and amount in question. Acknowledgment & Investigation The finance team will acknowledge receipt within 5 working days and review the dispute by checking records, approvals, and any supporting documents. Resolution Discussion The finance team will communicate with the supplier to clarify the issue and work towards a resolution. This may involve providing additional documentation, agreeing on adjustments, or escalating internally if needed. Decision & Outcome A final decision will be made within 10 working days where possible, and the supplier will be informed of the outcome. If the dispute is upheld, a revised payment date will be agreed upon. Escalation (If Required) If no agreement is reached, the dispute may be escalated to senior management for further review. Final Resolution Once resolved, payment will be processed in the next available payment cycle.
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
Nishkam Schools Multi Academy Trust is an educational organisation operating as a multi academy trust, responsible for the governance and oversight of academy schools within its network. Registered as a private limited company by guarantee without share capital, the Trust operates under an exemption from using the word "Limited" in its name, a structure commonly adopted by charitable and educational bodies in England.
The Trust was incorporated on 8 February 2011 and holds company registration number 07522245. Its registered office is located at Nishkam School Trust - Head Office, Great King Street North, Birmingham, England, B19 2LF, placing it within the West Midlands region.
As a multi academy trust, the organisation is responsible for the strategic leadership, management, and educational delivery across its member academies. This includes ensuring compliance with the standards set by the Department for Education, managing school finances, and maintaining the quality of education provided to pupils across its schools.
Multi academy trusts of this nature play a central role in the English academy school system, providing a unified governance framework that supports individual schools in raising educational standards and improving outcomes for their communities. The Nishkam name reflects the Trust's ethos and heritage, which informs the values embedded across its schools.