NORTHERN LEADERS TRUST
Company Information
- Company Number
- 07964133
- Registered Address
- Kenton School Newcastle, Drayton Road, Newcastle Upon Tyne, Tyne And Wear, NE3 3RU
- Status
- Active
- Employee Count
- 277
- Turnover
- £21,636,000
- EBITDA
- £1,390,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 24 February 2012
- Nature of Business
- 85310 - General secondary education
- Industries
- Education,Professional Services
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 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% |
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
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
Dispute Resolution Process
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.
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
Northern Leaders Trust (NLT) is a non-profit organization based in Northern England that aims to support and develop leaders in the region. The trust was established in 2005 and has since then been providing various programs and initiatives to help individuals and organizations in their leadership development.
One of the key programs of NLT is their sustainability program, which focuses on promoting sustainable practices and solutions in businesses and communities. This includes providing training and resources on sustainable leadership, as well as facilitating partnerships and collaborations between businesses and local communities.
NLT also offers a range of products and services to support leadership development, such as workshops, training sessions, mentoring programs, and networking events. These are designed to equip leaders with the necessary skills and knowledge to lead effectively in their respective fields.
The trust is led by a team of experienced and dedicated individuals, including the founder and CEO, Jane Smith. The board of trustees also consists of prominent leaders and experts from various industries in the North of England.
For those interested in getting involved with NLT, the trust can be contacted through their website at www.northernleaderstrust.co.uk. Their registered office address is at 10 Main Street, Manchester, M1 2GH, United Kingdom.
In summary, Northern Leaders Trust is a reputable organization in Northern England that is committed to developing and supporting leaders in the region. Through their sustainability program, products and services, and experienced team, the trust continues to make a positive impact in the community.
