| 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 - 31 Aug 2019 | 13 Dec 2019 | 14 | 93% | 7% | 0% | 0% |
| 28 Sept 2018 - 28 Feb 2019 | 12 Mar 2019 | 15 | 90% | 10% | 0% | 17% |
| 01 Sept 2017 - 28 Feb 2018 | 26 Mar 2018 | 16 | 66% | 29% | 5% | 20% |
This information is as reported by the business, and responses are in their own words.
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 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
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
The Three Rivers Learning Trust is a multi-academy trust that operates a group of schools in Northumberland, including Chantry Middle School in Morpeth. Companies House lists its business as primary and general secondary education. According to its own evidence, the trust brings together eight schools, including feeder primaries and middle schools, to coordinate provision and share resources across the group. Individual schools within the trust, such as Chantry Middle School, deliver teaching, curriculum and pastoral support locally. Notably, one of the trust's own school websites now refers to it as 'The Cheviot Learning Trust', suggesting the trust may have been renamed or is trading under a new name.
Generated from the company's website and Companies House records. Sources: chantry.the3rivers.net · chantry.the3rivers.net