TRURO & PENWITH ACADEMY TRUST
Company Information
- Company Number
- 08880841
- Registered Address
- Academy House Truro Business Park, Threemilestone, Truro, Cornwall, England, TR4 9LD
- Status
- Active
- Employee Count
- 1,299
- Turnover
- £88,420,000
- EBITDA
- £35,188,000
Additional Details
- Website
- https://alverton.org.uk/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 6 February 2014
- Nature of Business
- 85100 - Pre-primary education85200 - Primary education85310 - General secondary education
- Industries
- Education,Professional Services
- Region
- South 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 2024 - 28 Feb 2025 | 31 Mar 2025 | 37 | 59% | 31% | 10% | 41% |
| 01 Sept 2023 - 29 Feb 2024 | 28 Mar 2024 | 23 | 77% | 12% | 11% | 23% |
| 01 Mar 2023 - 31 Aug 2023 | 29 Sept 2023 | 28 | 83% | 10% | 8% | 17% |
| 01 Sept 2022 - 28 Feb 2023 | 31 Mar 2023 | 26 | 81% | 11% | 9% | 19% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 24 | 82% | 11% | 7% | 18% |
| 01 Sept 2021 - 28 Feb 2022 | 31 Mar 2022 | 27 | 77% | 14% | 9% | 23% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 24 | 87% | 8% | 5% | 13% |
| 01 Sept 2020 - 28 Feb 2021 | 01 Apr 2021 | 29 | 77% | 13% | 10% | 23% |
| 01 Mar 2020 - 31 Aug 2020 | 28 Sept 2020 | 26 | 78% | 14% | 8% | 22% |
| 01 Sept 2019 - 29 Feb 2020 | 13 Mar 2020 | 26 | 78% | 14% | 8% | 22% |
| 01 Mar 2019 - 31 Aug 2019 | 25 Oct 2019 | 17 | 72% | 12% | 15% | 18% |
| 01 Sept 2018 - 28 Feb 2019 | 27 Mar 2019 | 20 | 83% | 14% | 3% | 18% |
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
Please visit purchasing terms and conditions on our website below: https://www.tpacademytrust.org/
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The increase in Average Days Paid and in Payments Not Made Within the Terms are due to new internal processes. From 1st September 2024 the Trust centralised all invoice processing, adopted a “no po no pay policy” and implemented a new finance system. This system implementation and change of process did lead to a temporary increase in payment timeframes for the first 4 months. We have reviewed the data from January and February 2025, which shows a significant improvement to payment timeframes, returning average days paid to 30 days.
Maximum contractual payment period agreed
30
Dispute Resolution Process
Please refer to our purchasing terms and conditions which can be view on our website link below: https://www.tpacademytrust.org/
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
TRURO & PENWITH ACADEMY TRUST (TPAT) is a multi-academy trust based in Cornwall, UK, that oversees the operations of 34 primary and secondary schools in the region. The trust was established in 2014 with the goal of providing high-quality education to students from all backgrounds.
One of the key focuses of TPAT is sustainability. The trust has implemented various initiatives to reduce its carbon footprint and promote environmental awareness among its schools and students. This includes using renewable energy sources, promoting recycling and reducing waste, and encouraging sustainable transportation methods.
TPAT offers a range of products and services to support its schools and students. This includes a central support team that provides financial, HR, and IT services to the schools, as well as support for special educational needs and mental health. The trust also offers training and development opportunities for teachers and staff, as well as educational resources and technology.
The trust is led by a board of trustees, including a chief executive officer and directors with expertise in education, finance, and business. The trust also has a number of school governors who oversee the operations of individual schools within the trust.
TPAT can be contacted through their website, which provides information about the trust, its schools, and its services. The registered office address for the trust is Truro College, College Road, Truro, Cornwall TR1 3XX.
In summary, TRURO & PENWITH ACADEMY TRUST is a leading multi-academy trust in Cornwall that is committed to providing high-quality education while promoting sustainability and supporting its schools and students with a range of products and services.
