MINSTHORPE ACADEMY TRUST

Company Information

Company Number
07635467
Registered Address
Minsthorpe Community College Minsthorpe Lane, South Elmsall, Pontefract, West Yorkshire, WF9 2UJ
Status
Active
Employee Count
207
Turnover
£13,168,000
EBITDA
£195,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
16 May 2011
Nature of Business
85310 - General secondary education
Industries
Education
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
22 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
82%
31-60 Days
16%
After 60 Days
2%
Not Paid Within Terms18%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-06-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2018 - 28 Feb 201927 Jun 20192282%16%2%18%

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 from date of receipt

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

Disputes are initially dealt with by the finance team, if not resolved quickly it would then be passed to the Business Director

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

MINSTHORPE ACADEMY TRUST is a multi-academy trust based in West Yorkshire, UK. It was founded in 2010 and currently operates three schools: Minsthorpe Community College, Minsthorpe Primary Academy and Bell Lane Academy.

The trust is committed to providing high-quality education to its students and has a strong focus on sustainability. Its sustainability program includes initiatives such as reducing energy consumption, promoting recycling and encouraging eco-friendly practices among students and staff.

The trust offers a wide range of services to its students, including a broad and balanced curriculum, extracurricular activities, and support for students with special educational needs. It also provides professional development opportunities for its staff to ensure the best possible education for students.

The key people involved in the trust include the board of trustees, led by the Chief Executive Officer, and the headteachers of each school. They work together to ensure the trust's vision and values are implemented in all aspects of its operations.

For more information on MINSTHORPE ACADEMY TRUST and its services, you can visit their website at www.minsthorpeacademytrust.co.uk. Their registered office address is Minsthorpe Community College, Ash Grove, South Elmsall, Pontefract, West Yorkshire, WF9 2UJ.

Financial Metrics

Cash
£2,389,000
Net Worth
£25,008,000
Total Current Assets
£2,635,000
Total Current Liabilities
£296,000

Company Location