A majority of invoices (64%) are processed within 30 days, indicating a primary trend towards prompt payment. However, the average payment time of 38 days and 13% of payments exceeding 60 days suggest a consistent proportion of extended payment cycles. This pattern reveals a bifurcated trend where promptness coexists with a significant segment of slower payments.
The spread in payment times, ranging from 64% within 30 days to 13% over 60 days, introduces moderate volatility in predicting individual invoice payment dates. While the 0% "Late" figure confirms ultimate reliability in payment, suppliers face some unpredictability in terms of when funds will be received. This variability necessitates careful cash flow planning to absorb potential delays beyond standard 30-day terms.
THE SALTERNS ACADEMY TRUST generally presents as a reliable payer, with no reported late payments and a majority settled within typical terms. Suppliers should factor in the 38-day average and the possibility of 13% of payments extending beyond 60 days when making credit decisions. It is recommended to establish clear payment terms and manage cash flow expectations to accommodate their common 30-60 day payment window.
| 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 2025 - 31 Aug 2025 | 09 Oct 2025 | 37 | 54% | 37% | 9% | 56% |
| 01 Sept 2024 - 28 Feb 2025 | 28 Jul 2025 | 38 | 64% | 23% | 13% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Salterns Academy Trust's standard contractual length of time for payment of invoices, relating to qualifying contracts, is 30 days from the date of invoice. Agreements are in place with some smaller suppliers for payment within 14 days. No agreements over the 30 days maximum contractual payment period have been agreed with any 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
Disputes relating to payments for any goods or services, under any qualifying contracts, are initially directed to the relevant finance administrator within the academy to which the goods or services were supplied or ordered. Any dispute will be investigated and resolved as quickly as possible by the Finance Administrator or passed over to the CFO for resolution. Any dispute relating to any payments can also be directed to finance@salternstrust.co.uk
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
THE SALTERNS ACADEMY TRUST operates as an educational organisation, structured as a Private Limited Company by guarantee without share capital. Its designation as an "Academy Trust" identifies it as a body typically responsible for running and governing academy schools within the UK educational system.
The trust is an active entity, incorporated on 4 March 2014, and registered under company number 08921490. Its registered office is located at Admiral Lord Nelson School, Dundas Lane, Portsmouth, PO3 5XT, situated in the South East region of the UK.
In the UK market, companies structured as academy trusts specialise in providing educational services and strategic leadership. This encompasses the governance and operational management of state-funded academies, ensuring the delivery of curriculum, staff management, and overall educational provision.