| 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 2018 - 28 Feb 2019 | 27 Jun 2019 | 22 | 82% | 16% | 2% | 18% |
| 01 Sept 2017 - 28 Feb 2018 | 27 Apr 2018 | 22 | 88% | 10% | 2% | 12% |
This information is as reported by the business, and responses are in their own words.
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
Disputes are initially dealt with by the finance team, if not resolved quickly it would then be passed to the Business Director to sort out.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Minsthorpe Academy Trust is the registered entity operating Minsthorpe Community College, a secondary school in South Elmsall, West Yorkshire, providing education to Year 7 through Post 16 students. The trust runs the college's day-to-day operations, curriculum delivery, careers guidance, SEND provision and enrichment activities. Its registered office is at the college site. As an academy trust, it exists to run the school as a charitable company, with governance provided by a board of governors. The evidence confirms the trust's role as the legal body behind the college rather than a separate commercial venture.
Generated from the company's website and Companies House records. Sources: minsthorpe.cc · minsthorpe.cc