STOUR VALE ACADEMY TRUST
Company Information
- Company Number
- 07865663
- Registered Address
- C/O Halesowen College, Whittingham Road, Halesowen, West Midlands, England, B63 3NA
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 30 November 2011
- Nature of Business
- 85200 - Primary education85310 - General secondary education
- Industries
- Coming Soon
- Region
- UnknownNot specified in payment practices report
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
STOUR VALE ACADEMY TRUST demonstrates a positive trend in payment speed, with an average payment time of 23 days. A substantial 80% of their invoices are paid within the standard 30-day period, indicating a strong propensity for timely settlements for the majority of transactions.
Volatility Analysis
Despite the generally prompt average, 20% of payments are consistently late, with a concerning 7% extending beyond 60 days. This introduces a moderate level of unpredictability and risk for suppliers, as a segment of invoices may experience significant delays, impacting cash flow planning.
Summary Analysis
STOUR VALE ACADEMY TRUST is largely a reliable partner, paying the majority of invoices within typical terms. However, suppliers should factor in the 20% late payment rate, specifically the 7% that go past 60 days, as a potential risk factor. To mitigate this, consider implementing clear payment terms and perhaps an escalation process for invoices exceeding 60 days.
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 2023 - 29 Feb 2024 | 22 Mar 2024 | 23 | 80% | 13% | 7% | 20% |
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
Within 30 days of the end of the month of invoice unless otherwise agreed.
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
All complaints will be dealt with in the first instance by the Finance Dept at the purchasing site. They will liaise with the relevant dept who ordered the products and as soon as possible continue correspondence with the supplier but we would anticipate this to be at most within 5 working 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.
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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
Company Summary
STOUR VALE ACADEMY TRUST operates as an academy trust, structured as a Private Limited Company by guarantee without share capital use of 'Limited' exemption. This organisation type is dedicated to the operation and governance of schools within the education sector.
The trust is an active organisation, incorporated on 30 November 2011 under company number 07865663. Its registered office is located at C/O Halesowen College, Whittingham Road, Halesowen, West Midlands, England, B63 3NA.
In the UK market, organisations of this type are typically responsible for managing one or more schools, delivering educational services for pupils. This involves setting strategic direction, employing staff, and ensuring high standards of teaching and learning across their academies.
