THE EVOLVE TRUST
Company Information
- Company Number
- 07827747
- Registered Address
- C/O The Brunts Academy, The Park, Mansfield, England, NG18 2AT
- Status
- Active\n — Active proposal to strike off
- Employee Count
- 40
- Turnover
- £2,682,000
- EBITDA
- -£249,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 28 October 2011
- Nature of Business
- 85310 - General secondary education85590 - Other education not elsewhere classified
- Industries
- Education
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2021 - 28 Feb 2022 | 31 Mar 2022 | 40 | 55% | 31% | 14% | 56% |
| 01 Mar 2021 - 31 Aug 2021 | 20 Sept 2021 | 38 | 63% | 26% | 11% | 50% |
| 01 Sept 2020 - 28 Feb 2021 | 23 Mar 2021 | 48 | 44% | 30% | 26% | 64% |
| 01 Mar 2020 - 31 Aug 2020 | 29 Sept 2020 | 48 | 41% | 37% | 22% | 66% |
| 01 Sept 2018 - 28 Feb 2019 | 20 Mar 2019 | 39 | 60% | 25% | 15% | 51% |
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
We do not currently have standard payment terms as an organisation, the most commonly used payment terms are 30 days payment due from invoice date which we use for the majority of our supplier base. The exceptions to this are as follows: - Suppliers who provide staff cover i.e. supply agencies are generally on 14 day terms due from invoice date. This is due to the nature of their business as they are required to pay staff on a monthly basis. - Utilities such as electricity, gas and telecoms vary from 14-21 days from invoice date dependant on the supplier and agreed terms. - The payment terms with the Local Authority in relation to various contracted out services that we buy in are on 14 days from invoice date due to the nature of their business and their requirement to pay staff.
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
In the case of a dispute arising regarding payment of invoices, the supplier should contact the Finance office accounts@brunts.evolvetrust.org Resolutions raised with the above, will be dealt reviewed and an explanation provided within 5 working days. Where the dispute / concern requires further investigation, this will be explained to the supplier with a suitable timescale agreed.
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
The Evolve Trust is a multi-academy trust based in Mansfield, Nottinghamshire. It was founded in 2014 and currently oversees four schools in the local area. The trust aims to provide high-quality education and support for students, helping them to reach their full potential.
One of the key focuses of The Evolve Trust is sustainability. They have implemented numerous initiatives to reduce their carbon footprint and promote environmental awareness within their schools. This includes using renewable energy sources, promoting recycling and waste reduction, and encouraging sustainable transportation options for students and staff.
The trust also offers various products and services to support its schools and the wider community. This includes a range of training and development opportunities for staff, as well as partnerships with local businesses to provide work experience and apprenticeships for students.
The key people involved in The Evolve Trust include the CEO, Mrs. Claire-Marie Cuthbert, and the Board of Trustees, who oversee the strategic direction of the trust. Each school within the trust also has its own leadership team, responsible for the day-to-day running of the school.
For more information on The Evolve Trust and its activities, their website address is www.evolvetrust.org. Their registered office address is The Evolve Trust, The Beech Academy, Byron Street, Mansfield, Nottinghamshire, NG18 5NG.
