THE THREE RIVERS LEARNING TRUST

Company Information

Company Number
07838203
Registered Address
Esh Plaza, Sir Bobby Robson Way, Newcastle Upon Tyne, England, NE13 9BA
Status
Active
Employee Count
717
Turnover
£66,991,000
EBITDA
£27,951,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
7 November 2011
Nature of Business
85200 - Primary education
85310 - General secondary education
Industries
Education
Region
North East

Time to Pay

Average Time to Pay
14 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
93%
31-60 Days
7%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-12-13
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
28 Sept 2018 - 28 Feb 201912 Mar 20191590%10%0%17%

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

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

Dispute would be raised with the Department Head. If the dispute remains unresolved after 30 days it will be referred to the Business Director to resolve within a further 30 days

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 Three Rivers Learning Trust is a multi-academy trust based in the North East of England. It was established in 2014 and currently operates seven schools in the Northumberland area.

The trust's primary focus is on providing high-quality education to its students, with an emphasis on promoting sustainability and environmental awareness. The trust has implemented various initiatives to reduce its carbon footprint, such as using renewable energy sources, promoting recycling and reducing waste.

In addition to its sustainability efforts, the trust also offers a range of products and services to support its schools and students. These include educational resources, training and development opportunities for staff, and support for students with special educational needs.

The key people involved in the Three Rivers Learning Trust include its CEO, Mrs. Sue Hanley, and a Board of Directors made up of experienced education professionals. The trust also works closely with local government bodies and community organizations to ensure the best possible outcomes for its students.

Contact information for the Three Rivers Learning Trust can be found on their website, which is www.threeriverslearningtrust.co.uk. The trust's registered office address is Three Rivers Learning Trust, c/o James Calvert Spence College, Acklington Road, Amble, Northumberland, NE65 0NG.

Overall, the Three Rivers Learning Trust is committed to providing a high-quality education for its students while also promoting sustainability and making a positive impact in the community.

Financial Metrics

Cash
£5,617,471
Net Worth
£32,519,267
Total Current Assets
£6,313,771
Total Current Liabilities
£2,356,968

Company Location