| 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 2024 - 28 Feb 2025 | 21 Mar 2025 | 35 | 56% | 34% | 10% | 44% |
| 01 Sept 2023 - 29 Feb 2024 | 21 Mar 2025 | 39 | 53% | 35% | 12% | 47% |
| 01 Mar 2023 - 31 Aug 2023 | 21 Mar 2025 | 35 | 58% | 34% | 8% | 42% |
| 01 Sept 2022 - 28 Feb 2023 | 21 Mar 2025 | 40 | 54% | 35% | 11% | 46% |
| 01 Mar 2022 - 31 Aug 2022 | 21 Mar 2025 | 37 | 55% | 37% | 8% | 45% |
| 01 Sept 2021 - 28 Feb 2022 | 21 Mar 2025 | 36 | 56% | 34% | 10% | 44% |
| 01 Mar 2021 - 31 Aug 2021 | 10 Feb 2022 | 30 | 93% | 6% | 1% | 93% |
| 01 Sept 2020 - 28 Feb 2021 | 24 Mar 2025 | 36 | 56% | 34% | 10% | 44% |
| 01 Mar 2020 - 31 Aug 2020 | 24 Mar 2025 | 36 | 59% | 31% | 10% | 41% |
| 01 Sept 2019 - 29 Feb 2020 | 24 Mar 2025 | 36 | 54% | 36% | 10% | 46% |
| 01 Mar 2019 - 31 Aug 2019 | 24 Mar 2025 | 39 | 50% | 39% | 11% | 50% |
| 01 Sept 2018 - 28 Feb 2019 | 24 Mar 2025 | 41 | 40% | 43% | 17% | 60% |
| 01 Mar 2018 - 31 Aug 2018 | 24 Mar 2025 | 0 | 100% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard 30 days from date of invoice.
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 dealt with by academy finance teams for matters relating to academy purchases and by the central finance team for matters relating to central/Trust purchases. Escalated payment disputes are managed centrally by the Trust.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
The Co-operative Academies Trust is a network of schools in the United Kingdom that operate under the principles of co-operative education. The trust was established in 2008 and currently has 27 academies across England, catering to students aged 3-19 years.
The trust's main aim is to provide quality education while promoting co-operative values and principles such as democracy, equality, and community. They believe in a holistic approach to education that focuses on academic excellence, personal development, and social responsibility.
One of the trust's key activities is their sustainability program. They are committed to promoting eco-friendly practices in their schools and communities. This includes initiatives such as recycling, reducing waste, and promoting sustainable transportation options. They also offer educational programs on sustainability to their students.
The Co-operative Academies Trust offers a wide range of products and services to their students, including a diverse curriculum, extracurricular activities, and support for students with special needs. They also have a strong focus on community involvement and provide opportunities for students to engage in community service projects.
The trust is led by a team of experienced professionals, including a CEO, trustees, and a board of directors. They work closely with teachers, parents, and students to ensure the best possible education for their students.
For more information on the Co-operative Academies Trust, including their sustainability program, products, and services, interested individuals can visit their website at www.coopacademies.co.uk. The registered office address for the trust is Co-operative Academies Trust, Miller Street, Manchester, M60 0AL.