MAGNA LEARNING PARTNERSHIP

PaymentCheck Score 2024
88Good
3.7vs last year
#1318 in UK
#66 in South West

Company Information

Company Number
07865850
Registered Address
Magna Learning Partnership Church Road, Laverstock, Salisbury, England, SP1 1RD
Status
Active
Employee Count
608
Turnover
£33,410,000
EBITDA
£708,000

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 education
85310 - General secondary education
Industries
Coming Soon
Region
South West

Time to Pay

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

Payment Timeline

Within 30 Days
84%
31-60 Days
12%
After 60 Days
4%
Not Paid Within Terms16%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-03-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Sept 2023 - 29 Feb 202422 Mar 20242184%12%4%16%
01 Mar 2023 - 31 Aug 202329 Sept 20232579%16%5%21%
01 Sept 2022 - 28 Feb 202330 Mar 20232775%19%6%25%

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 terms

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

Trust Complaints Procedure available from: www.magnalearningpartnership.org.uk

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

Magna Learning Partnership is a multi-academy trust that aims to provide a high-quality education for all students in their schools. They currently have 11 schools under their trust, including primary, secondary, and special education schools.

One of the key areas of focus for Magna Learning Partnership is sustainability. They have implemented various initiatives across their schools to promote sustainability, such as reducing energy consumption, promoting recycling, and educating students about environmental issues. They also have a dedicated sustainability team that works to develop and implement these initiatives.

In terms of products and services, Magna Learning Partnership offers a wide range of educational programs and services to their students. This includes a diverse curriculum, extracurricular activities, and support for students with special educational needs. They also provide opportunities for students to develop their skills and talents through various enrichment programs.

The key people at Magna Learning Partnership include their CEO, Chris Whittle, and their board of trustees, who oversee the overall management and direction of the trust. They also have a team of experienced educators and staff who work together to provide a high-quality education for their students.

For more information on Magna Learning Partnership and their schools, their website is www.magnalearningpartnership.org.uk. Their registered office address is 1st Floor, 2 Victoria Avenue, Harrogate, North Yorkshire, HG1 1EL.

Financial Metrics

Cash
£3,187,506
Net Worth
£28,000,851
Total Current Assets
£4,058,244
Total Current Liabilities
£1,692,703

Company Location