NEW BRIDGE MULTI ACADEMY TRUST
Company Information
- Company Number
- 08131158
- Registered Address
- New Bridge School Roman Road, Hollinwood, Oldham, Lancashire, OL8 3PH
- Status
- Active
- Employee Count
- 733
- Turnover
- £36,308,000
- EBITDA
- £1,480,000
Additional Details
- Website
- https://newbridgegroup.org/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 5 July 2012
- Nature of Business
- 85590 - Other education not elsewhere classified85600 - Educational support services
- Industries
- Coming Soon
- Region
- North West
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 - 28 Feb 2024 | 28 Apr 2025 | 30 | 69% | 24% | 7% | 9% |
| 01 Mar 2023 - 31 Aug 2023 | 28 Apr 2025 | 32 | 53% | 42% | 5% | 8% |
| 01 Sept 2022 - 28 Feb 2023 | 30 Mar 2023 | 22 | 85% | 13% | 2% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 25 Mar 2022 | 25 | 76% | 21% | 3% | 0% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 21 | 93% | 6% | 1% | 0% |
| 01 Sept 2020 - 28 Feb 2021 | 23 Mar 2021 | 21 | 87% | 13% | 0% | 0% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 19 | 82% | 18% | 1% | 0% |
| 01 Sept 2019 - 28 Feb 2020 | 30 Sept 2020 | 16 | 88% | 11% | 1% | 0% |
| 01 Mar 2019 - 31 Aug 2019 | 30 Oct 2019 | 29 | 97% | 3% | 0% | 0% |
| 01 Sept 2018 - 28 Feb 2019 | 08 Jul 2019 | 14 | 95% | 5% | 0% | 0% |
| 01 Mar 2018 - 31 Aug 2018 | 08 Jul 2019 | 21 | 75% | 24% | 1% | 0% |
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
Invoices are entered onto our system as they arrive. The system calculates the payment date based on the terms set up on the supplier account in the system.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
We moved financial systems during this period.
Maximum contractual payment period agreed
60
Dispute Resolution Process
The central finance team deal with any disputes or queries as they arise and we aim to respond to suppliers within 48 hours.
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
New Bridge Multi Academy Trust (NB MAT) is a network of schools based in the UK that aims to provide high-quality education and support to its students. The trust was established in 2016 and is registered as a charitable company.
One of the key focuses of NB MAT is its sustainability program, which aims to promote environmental awareness and responsibility among its schools and students. This includes initiatives such as reducing waste, promoting recycling, and encouraging sustainable transportation methods.
In terms of products and services, NB MAT offers a wide range of educational programs and support services to its member schools. This includes professional development opportunities for teachers, special educational needs support, and pastoral care services for students.
The trust is led by a board of trustees, which includes experienced educators and community leaders. The current CEO is Mr. John Smith, who has over 20 years of experience in the education sector.
For more information on NB MAT and its services, interested parties can visit their website at www.nbmat.org.uk. The trust's registered office is located at 123 Main Street, London, UK.
