| 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 2022 - 28 Feb 2023 | 02 May 2023 | 40 | 62% | 20% | 18% | 38% |
| 01 Mar 2022 - 31 Aug 2022 | 25 Jan 2023 | 33 | 51% | 24% | 25% | 49% |
| 01 Sept 2021 - 28 Feb 2022 | 14 Mar 2022 | 33 | 59% | 33% | 8% | 41% |
| 01 Mar 2021 - 31 Aug 2021 | 13 Oct 2021 | 37 | 53% | 37% | 10% | 47% |
| 01 Sept 2020 - 28 Feb 2021 | 07 Apr 2021 | 30 | 65% | 28% | 7% | 35% |
| 01 Mar 2020 - 31 Aug 2020 | 26 Nov 2020 | 36 | 59% | 24% | 17% | 41% |
| 01 Sept 2019 - 29 Feb 2020 | 30 Mar 2020 | 33 | 55% | 37% | 8% | 45% |
| 01 Mar 2019 - 31 Aug 2019 | 26 Nov 2019 | 31 | 57% | 38% | 5% | 43% |
| 01 Sept 2018 - 28 Feb 2019 | 26 Apr 2019 | 32 | 61% | 29% | 10% | 39% |
| 01 Mar 2018 - 31 Aug 2018 | 14 Jan 2019 | 26 | 73% | 23% | 4% | 27% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 23 | 72% | 23% | 5% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days net on Purchase Order
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
All disputes are resolved between authorised budget holder that has placed the order for good and services that the invoice relates to and who is the person responsible for authorising the invoice for payment to the company.
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.
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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.
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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.
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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
Kennet School Academies Trust is the academy trust registered to run Kennet School, a secondary school and sixth form in Thatcham, Berkshire, offering GCSE, A Level and T Level provision alongside co-curricular activities such as sport, music and drama. Company records show its Standard Industrial Classification as primary and general secondary education. Evidence from the school's own website indicates the trust now operates as Equinox Learning Trust, with a Local Governing Body overseeing the school and a Chief Executive leading the wider trust. The entity's role is to govern and administer the school rather than to trade commercially, consistent with its status as a registered academy trust rather than a private business.
Generated from the company's website and Companies House records. Sources: kennetschool.co.uk · kennetschool.co.uk