NORTHERN AMBITION ACADEMIES TRUST
Company Information
- Company Number
- 07556117
- Registered Address
- Airedale Academy Crewe Road, Airedale, Castleford, West Yorkshire, WF10 3JU
- Status
- Active
- Employee Count
- 319
- Turnover
- £16,596,000
- EBITDA
- -£213,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 8 March 2011
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education
- Industries
- Care Services, Education
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2021 - 28 Feb 2022 | 11 Mar 2022 | 27 | 76% | 22% | 2% | 41% |
| 01 Mar 2021 - 31 Aug 2021 | 27 Sept 2021 | 27 | 76% | 21% | 3% | 40% |
| 01 Sept 2020 - 28 Feb 2021 | 16 Mar 2021 | 26 | 78% | 19% | 3% | 36% |
| 01 Mar 2020 - 31 Aug 2020 | 29 Sept 2020 | 34 | 63% | 27% | 10% | 49% |
| 01 Sept 2018 - 28 Feb 2019 | 27 Mar 2019 | 24 | 80% | 18% | 2% | 34% |
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
Northern Ambition Academies Trust in general accepts the payment terms proposed by suppliers. In some cases payment is requested on receipt of invoice, so these suppliers are treated as having terms of zero days. Where suppliers do not propose terms, our default terms are to settle all valid invoices within 30 days. We endeavour to pay invoices from small businesses or sole traders as quickly as possible within these 30 days.
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
Dispute Resolution Process
Any disagreements with amounts invoiced by suppliers will be raised by the individual responsible for the expenditure or a member of the finance team. Complaints by suppliers should be directed in the first instance to the individual responsible for the expenditure or the Trust’s Finance Manager. Should the matter remain unresolved this may be escalated to the Director of Finance and Operations.
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.
❌
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
Northern Ambition Academies Trust (NAAT) is an educational organization in the UK that aims to provide high-quality education to students from diverse backgrounds. Founded in 2012, NAAT currently manages six schools across the North East region of England.
The trust offers a range of educational programs and services to its students, including academic and vocational courses, as well as extracurricular activities. These programs are designed to equip students with the necessary skills and knowledge to succeed in their future endeavors.
One of the key focuses of NAAT is sustainability. The trust is committed to promoting sustainable practices within its schools and communities. This includes implementing energy-efficient measures, promoting recycling and waste reduction, and incorporating sustainability into the curriculum.
NAAT also offers a variety of products and services to support its sustainability efforts, such as eco-friendly school supplies and resources for teaching about environmental conservation.
The trust is led by a team of experienced and dedicated individuals, including the CEO, trustees, and school principals. Together, they work towards the vision of providing an outstanding education to all students and promoting sustainable practices.
For more information on NAAT and its services, interested individuals can visit their website at www.northernambition.org.uk. The registered office address for the trust is Northern Education Trust, The Education Village, Salters Lane South, Darlington, DL1 2AN.
