WEST NORFOLK ACADEMIES TRUST
Company Information
- Company Number
- 07546118
- Registered Address
- Queensway, Gaywood, King's Lynn, Norfolk, PE30 4AW
- Status
- Active
- Employee Count
- 872
- Turnover
- £36,594,000
- EBITDA
- £2,450,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 28 February 2011
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education85410 - Post-secondary non-tertiary education
- Industries
- Education
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken by WEST NORFOLK ACADEMIES TRUST to pay invoices to suppliers has gradually decreased over the past three periods, from 28 days in 2017-2018 to 9 days in 2022-2023. This suggests an improvement in their payment process.
Volatility Analysis
The percentage of invoices paid within 30 days has remained relatively stable over the past three periods, with a slight increase from 94% in 2018-2019 to 96% in 2022-2023. However, there has been some volatility in the percentage of invoices paid later than 60 days, with a high of 3% in 2017-2018 and a low of 1% in 2021-2022.
Summary Analysis
In general, WEST NORFOLK ACADEMIES TRUST has shown improvement in their payment process, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, there has been some volatility in the percentage of invoices paid later than 60 days, with a high of 3% in 2017-2018 and a low of 1% in 2021-2022.
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 Apr 2025 - 31 Aug 2025 | 08 Oct 2025 | 8 | 97% | 2% | 1% | 3% |
| 01 Sept 2024 - 28 Feb 2025 | 13 Mar 2025 | 9 | 97% | 2% | 1% | 3% |
| 01 Sept 2023 - 29 Feb 2024 | 07 Mar 2024 | 9 | 97% | 2% | 1% | 3% |
| 01 Mar 2023 - 31 Aug 2023 | 04 Oct 2023 | 9 | 96% | 3% | 1% | 4% |
| 01 Sept 2022 - 28 Feb 2023 | 22 Mar 2023 | 10 | 95% | 4% | 1% | 5% |
| 01 Mar 2022 - 31 Aug 2022 | 03 Oct 2022 | 9 | 93% | 5% | 2% | 7% |
| 01 Sept 2021 - 28 Feb 2022 | 28 Apr 2022 | 10 | 96% | 3% | 1% | 4% |
| 01 Mar 2021 - 31 Aug 2021 | 15 Dec 2021 | 11 | 97% | 2% | 1% | 3% |
| 01 Sept 2020 - 28 Feb 2021 | 30 Mar 2021 | 14 | 94% | 4% | 2% | 6% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Mar 2021 | 15 | 93% | 4% | 3% | 7% |
| 01 Sept 2019 - 29 Feb 2020 | 16 Mar 2020 | 15 | 93% | 5% | 2% | 7% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 14 | 94% | 5% | 1% | 6% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 12 | 96% | 3% | 1% | 4% |
| 01 Mar 2018 - 31 Aug 2018 | 28 Sept 2018 | 11 | 94% | 5% | 1% | 6% |
| 01 Sept 2017 - 28 Feb 2018 | 14 Mar 2018 | 28 | 97% | 3% | 0% | 3% |
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
30 days
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
Disputes will be resolved within 7 days if addressed to the finance department - finance@westnorfolkacademiestrust.co.uk
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
West Norfolk Academies Trust (WNAT) is a multi-academy trust in the West Norfolk area of the United Kingdom. It was founded in 2015 and currently oversees seven primary and secondary schools in the region. The trust is committed to providing high-quality education to its students and supports them in achieving their full potential.
One of the key focuses of WNAT is sustainability. The trust has implemented various initiatives to promote sustainability within its schools, such as reducing energy consumption, encouraging recycling, and promoting eco-friendly practices. They also offer educational programs and resources to educate students on the importance of sustainability and how they can contribute to a greener future.
In terms of products and services, WNAT provides a wide range of educational opportunities for students, including a broad curriculum, extracurricular activities, and support for students with special needs. The trust also offers training and development opportunities for its staff to ensure high-quality teaching and learning.
The key people involved in the trust include a board of trustees, school governors, and the executive team led by the CEO. They work together to ensure the smooth running of the trust and the success of its schools.
To contact WNAT, individuals can visit their website at www.westnorfolkacademiestrust.co.uk. The registered office address is West Norfolk Academies Trust, Springwood High School, Queensway, King's Lynn, Norfolk, PE30 4AW.
