| 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 2018 - 28 Feb 2019 | 20 Mar 2019 | 28 | 75% | 15% | 10% | 28% |
| 01 Sept 2017 - 28 Feb 2018 | 26 Mar 2018 | 32 | 62% | 28% | 10% | 39% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are normally 30 days except for payment for agency staff and the like which are shorter.
Were there any changes to the standard payment terms in the reporting period?
All standard payment terms are now 30 days or less
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Queries go to the finance department in the first instance. They are responsible for following up with budget holder and seeking a resolution with the supplier.
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
Avonbourne International Business and Enterprise Academy Trust was a dissolved company incorporated in 2012, registered for general secondary education. It operated as an academy trust running the Avonbourne Girls' Academy and Avonbourne Boys' Academy in Bournemouth, together with a United Sixth Form. The trust formed part of the wider United Learning group of schools, which includes United Learning Ltd, UCST and ULT. Data protection and governance for the academies were handled centrally by United Learning rather than by this entity itself. The company no longer exists as a registered entity, its educational activities having been carried out under the United Learning group structure.
Generated from the company's website and Companies House records. Sources: avonbournetrust.org · avonbournetrust.org