WELLSWAY MULTI ACADEMY TRUST
Company Information
- Company Number
- 07746787
- Registered Address
- Wellsway School Chandag Road, Keynsham, Bristol, BS31 1PH
- Status
- Active
- Employee Count
- 1,832
- Turnover
- £88,369,000
- EBITDA
- -£3,791,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 19 August 2011
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Education
- Region
- South West
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 Sept 2018 - 28 Feb 2019 | 10 Oct 2019 | 32 | 67% | 22% | 11% | 33% |
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 invoice or when goods/services have been satisfactorily received
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
The Finance Team deal with any disputes in the first instance, escalating through their line management and up to the Director of Finance when necessary.
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?
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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
Company Summary
WELLSWAY MULTI ACADEMY TRUST is a multi-academy trust based in the UK that oversees several schools in the Bath and North East Somerset area. The trust aims to provide high-quality education and support to its member schools, promoting collaboration and sharing of best practices.
One of the key initiatives of WELLSWAY MULTI ACADEMY TRUST is their sustainability program. The trust is committed to reducing their environmental impact and promoting sustainability across all their schools. This includes implementing eco-friendly practices, such as using renewable energy sources and promoting recycling and waste reduction.
In addition to their sustainability program, WELLSWAY MULTI ACADEMY TRUST also offers a range of products and services to its member schools. This includes support for school improvement, financial management, and HR services. The trust also organizes events and workshops for staff and students to enhance their skills and knowledge.
The key people involved in WELLSWAY MULTI ACADEMY TRUST include the CEO, Mark Fuller, and the Board of Trustees. They work closely with the headteachers and staff of the member schools to ensure the best possible outcomes for students.
For more information on WELLSWAY MULTI ACADEMY TRUST, you can visit their website at www.wellswaymat.com. Their registered office address is Wellsway School, Chandag Road, Keynsham, Bristol, BS31 1PH.
