Score of 89.03/100 qualifies for PaymentCheck Certification
OSBORNE CO-OPERATIVE ACADEMY TRUST demonstrates a very strong trend of prompt payment, with an average payment time of 29 days. A significant 96% of invoices are consistently settled within 30 days, indicating a highly reliable and efficient payment trajectory.
Payment patterns show minimal volatility, as 96% of payments are made within 30 days, ensuring high predictability for suppliers. While 10% of payments are technically late, only 4% extend beyond the 30-day mark, with a very small 2% going over 60 days, indicating low risk for extended delays.
OSBORNE CO-OPERATIVE ACADEMY TRUST represents a low payment risk for suppliers, characterized by consistent and prompt settlement of invoices. Suppliers can confidently expect timely payments, though it is prudent to monitor for the infrequent 4% of invoices that may exceed 30 days.
| 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 2025 - 28 Feb 2026 | 07 May 2026 | 39 | 95% | 3% | 2% | 7% |
| 01 Mar 2025 - 31 Aug 2025 | 09 Oct 2025 | 34 | 94% | 3% | 3% | 6% |
| 01 Sept 2024 - 28 Feb 2025 | 09 Apr 2025 | 29 | 96% | 2% | 2% | 10% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are 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
Disputes will be resolved between the Supplier and Procurer by reference to the approved Purchase Order documentation with escalation to the Trust Finance Team
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
Osborne Co-operative Academy Trust is a Multi-Academy Trust operating twelve member schools across Essex, including secondary, primary and junior schools. It is registered as a private limited company by guarantee without share capital. The trust describes itself as a community of schools working through mutual co-operation, aiming to treat every student equally and support their academic and personal development. It operates under co-operative values of self-help, self-responsibility, democracy, equality, equity and solidarity, with governance including trustees and a central team overseeing its member schools.
Generated from the company's website and Companies House records. Sources: stcleres.coop · stcleres.coop