IMPACT MULTI ACADEMY TRUST
Company Information
- Company Number
- 07553596
- Registered Address
- Ravens Wood School, Oakley Road, Bromley, Kent, BR2 8HP
- Status
- Active
- Employee Count
- 425
- Turnover
- £22,304,000
- EBITDA
- £623,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 7 March 2011
- Nature of Business
- 85310 - General secondary education
- Industries
- Education
- Region
- London
Time to Pay
Payment Timeline
Payment Features
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 Mar 2019 - 31 Aug 2019 | 28 Nov 2019 | 21 | 86% | 13% | 1% | 14% |
| 01 Sept 2018 - 28 Feb 2019 | 19 Jul 2019 | 25 | 81% | 16% | 3% | 19% |
| 01 Mar 2018 - 31 Aug 2018 | 19 Jul 2019 | 27 | 73% | 22% | 5% | 27% |
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
https://www.impactmultiacademytrust.co.uk/assets/Documents/Key-Info-Documents/Impact-MAT-Terms-and-Conditions-for-Purchase-Orders-.pdf
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
60
Dispute Resolution Process
Any complaint or concern will be investigated by the Finance Department as soon as possible. Invoices are put on hold until disputes resolved
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.
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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
Company Summary
IMPACT MULTI ACADEMY TRUST is a UK-based organization that focuses on improving the education system through a network of academies. The trust was founded in 2012 and currently operates over 30 academies across the country.
The trust's main aim is to provide high-quality education and support to students, teachers, and communities, with a focus on promoting sustainability. They have a dedicated sustainability program that aims to educate students and staff on environmental issues and encourage sustainable practices within their academies.
In addition to their sustainability efforts, IMPACT MULTI ACADEMY TRUST also offers various products and services to support their academies. This includes financial management, HR support, and educational resources.
The trust has a team of experienced leaders and educators who work collaboratively to ensure the success of their academies. They are committed to providing a safe and nurturing environment for students to thrive in.
For more information on IMPACT MULTI ACADEMY TRUST and their services, you can visit their website at www.impactmat.org.uk. Their registered office address is located at 20 Weston Street, London SE1 3QD. With their dedication to sustainability and improving education, IMPACT MULTI ACADEMY TRUST is making a positive impact on the UK education system.
