| 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 Mar 2024 - 31 Aug 2024 | 09 Oct 2024 | 40 | 31% | 56% | 13% | 69% |
| 01 Sept 2023 - 29 Feb 2024 | 27 Mar 2024 | 33 | 57% | 32% | 10% | 42% |
| 01 Sept 2022 - 28 Feb 2023 | 28 Mar 2023 | 33 | 60% | 29% | 12% | 40% |
| 01 Mar 2022 - 31 Aug 2022 | 28 Sept 2022 | 31 | 62% | 29% | 9% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 24 Mar 2022 | 36 | 52% | 36% | 12% | 0% |
| 01 Mar 2021 - 31 Aug 2021 | 27 Sept 2021 | 27 | 68% | 28% | 4% | 0% |
| 01 Sept 2020 - 28 Feb 2021 | 14 Apr 2021 | 34 | 49% | 9% | 42% | 0% |
| 01 Mar 2020 - 31 Aug 2020 | 24 Sept 2020 | 30 | 90% | 5% | 5% | 5% |
| 01 Sept 2019 - 29 Feb 2020 | 30 Mar 2020 | 7 | 99% | 1% | 1% | 0% |
| 01 Mar 2019 - 31 Aug 2019 | 11 Sept 2019 | 7 | 98% | 1% | 1% | 0% |
| 01 Sept 2018 - 28 Feb 2019 | 02 Apr 2019 | 5 | 97% | 2% | 1% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
In consideration of the supply of Goods and Services by the Supplier, the Customer shall pay the invoices amounts within 30 days of the date of a correctly rendered invoice to a bank account nominated in writing by the Supplier
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
The Trust operates an electronic ordering system where a purchase order is raised and sent to the supplier. If suppliers do not use the PO reference on their invoices this can delay payment. If there are any queries on the invoice then finance contact the supplier to resolve. Payment is not made until the goods / service issue is resolved or a credit note is issued. This can cause payments to appear to be paid late as we will not make payment until all queries are resolved.
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.
❌
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
Northern Leaders Trust is a multi-academy trust registered in England and Wales as a company limited by guarantee and an exempt charity. It is registered at Kenton School in Newcastle upon Tyne, which operates under the Trust and provides secondary education, including a sixth form offering A Level and post-16 courses. The Trust's own site describes Kenton School's provision covering admissions, curriculum, exam results, safeguarding, SEND and pupil premium information. As a trust, Northern Leaders Trust oversees the governance and administration of its member school(s) rather than delivering teaching itself, with day-to-day education delivered through Kenton School.
Generated from the company's website and Companies House records. Sources: ks.northernleaderstrust.org · ks.northernleaderstrust.org