CHAPEL STREET COMMUNITY SCHOOLS TRUST
Company Information
- Company Number
- 07885963
- Registered Address
- 5 Temple Square, Temple Street, Liverpool, L2 5RH
- Status
- Liquidation
- Employee Count
- 276
- Turnover
- £12,285,000
- EBITDA
- -£645,000
Additional Details
- Website
- https://chapelstschools.org
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 19 December 2011
- Nature of Business
- 85200 - Primary education85310 - General secondary education85320 - Technical and vocational secondary education
- Industries
- Education
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time for CHAPEL STREET COMMUNITY SCHOOLS TRUST to pay invoices has increased over the past three periods, from 31 days in Sep 2017 - Feb 2018 to 38 days in Sep 2018 - Feb 2019.
Volatility Analysis
The percentage of invoices paid within 30 days has decreased from 60% to 40% in the same period, while the percentage of invoices paid later than 60 days has increased from 20% to 30%. This shows an increase in volatility in the company's payment process.
Summary Analysis
In the past three periods, CHAPEL STREET COMMUNITY SCHOOLS TRUST has seen an increase in the average time to pay invoices, from 31 days to 38 days. The percentage of invoices paid within 30 days has also decreased from 60% to 40%, while the percentage of invoices paid later than 60 days has increased from 20% to 30%. The company has consistently had a shortest (or only) standard payment period of 1 day.
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 2017 - 28 Feb 2018 | 28 Feb 2018 | 31 | 60% | 20% | 20% | 60% |
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 strive to pay within the terms, but those outside the standards terms relate to: queries; delayed receipt of invoice from schools; and/or emergency payment.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
31
Dispute Resolution Process
To date we have had minimal complaints, but generally, I the FD will investigate what the issue is and see what we can do, when to pay and how quickly. email a response either pre or post call so there is no misunderstanding about what was discussed and what the resolution will be.
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?
❌
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 Chapel Street Community Schools Trust is a charitable organization based in the United Kingdom that aims to provide quality education and support to children in disadvantaged areas. The trust operates several community schools in the Greater Manchester area, including Oasis Academy MediaCityUK and Oasis Academy Oldham, which cater to students from diverse backgrounds.
One of the key focuses of the trust is its sustainability program, which aims to promote environmental consciousness and responsibility among students and staff. This program includes initiatives such as recycling, energy conservation, and promoting sustainable transportation methods. The trust also encourages students to engage in community service projects to help improve their local environment.
In addition to education, the trust also offers a range of products and services to support its mission. These include a breakfast club, after-school activities, and holiday clubs for children, as well as adult education courses and community events. The trust also works closely with local businesses and organizations to provide work experience opportunities for students and promote economic sustainability in the community.
The key people involved in the Chapel Street Community Schools Trust include the board of trustees, led by Chairperson Christine Egan, and the executive team, headed by CEO John Murphy. The trust also has a team of dedicated teachers and support staff who work tirelessly to provide a safe and nurturing learning environment for the students.
For more information on the trust, its sustainability program, and its products and services, interested parties can visit their website at https://www.chapelstreet.org/. The registered office address for the trust is Chapel Street Community Schools Trust, C/O Oasis Academy Oldham, Hollins Road, Oldham, OL8 4JZ.
