| 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 2024 - 28 Feb 2025 | 24 Mar 2025 | 32 | 58% | 37% | 5% | 47% |
| 01 Sept 2023 - 29 Feb 2024 | 15 Mar 2024 | 31 | 76% | 19% | 5% | 28% |
| 01 Mar 2023 - 31 Aug 2023 | 11 Sept 2023 | 21 | 86% | 11% | 3% | 17% |
| 01 Sept 2022 - 28 Feb 2023 | 09 Mar 2023 | 19 | 87% | 8% | 5% | 16% |
| 01 Mar 2022 - 31 Aug 2022 | 09 Sept 2022 | 19 | 86% | 9% | 5% | 16% |
| 01 Sept 2021 - 28 Feb 2022 | 02 Mar 2022 | 21 | 84% | 11% | 5% | 18% |
| 01 Sept 2020 - 28 Feb 2021 | 05 Mar 2021 | 19 | 85% | 10% | 5% | 16% |
| 01 Mar 2020 - 31 Aug 2020 | 02 Sept 2020 | 18 | 87% | 9% | 4% | 14% |
| 01 Mar 2019 - 31 Aug 2019 | 04 Sept 2019 | 19 | 86% | 10% | 4% | 17% |
| 01 Sept 2018 - 28 Feb 2019 | 04 Mar 2019 | 20 | 84% | 12% | 4% | 19% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are to pay invoices within 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
60
Any dispute is taken to the Chief Financial Officer in the Trust
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
SCHOOLSWORKS ACADEMY TRUST is a multi-academy trust that operates a network of schools in the United Kingdom. The trust is committed to providing high-quality education and opportunities for students at all levels. They have a strong focus on sustainability and aim to create a positive impact on the environment through their various initiatives.
The trust offers a range of products and services to support the schools under its umbrella. This includes professional development and training for teachers, financial management support, and access to a wide range of resources and expertise. They also provide guidance on curriculum development and school improvement strategies.
The key people at SCHOOLSWORKS ACADEMY TRUST include the CEO, who oversees the trust's operations and strategic direction, and the Board of Trustees, who are responsible for making key decisions and ensuring the trust's sustainability goals are met.
One of the trust's key initiatives is their sustainability program, which aims to reduce waste, promote energy efficiency, and encourage eco-friendly practices in their schools. They have implemented measures such as recycling programs, energy-saving initiatives, and promoting sustainable transportation options for students and staff.
The trust's website (www.schoolsworks.org) provides information about their schools, services, and sustainability program. Their registered office address is 37-39 Queens Road, Brighton, East Sussex, BN1 3XB.
In summary, SCHOOLSWORKS ACADEMY TRUST is a leading multi-academy trust that strives to provide high-quality education while also promoting sustainability and environmental responsibility. Their range of services, commitment to professional development, and focus on sustainability make them a valuable asset to the education sector in the UK.