SOUTHERN ACADEMY TRUST
Company Information
- Company Number
- 09040388
- Registered Address
- Shaftesbury School, Salisbury Road, Shaftesbury, Dorset, England, SP7 8ER
- Status
- Dissolved
- Employee Count
- 268
- Turnover
- £9,970,000
- EBITDA
- -£220,000
Additional Details
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 14 May 2014
- Nature of Business
- 85590 - Other education not elsewhere classified
- Industries
- Education
- Region
- South West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for Southern Academy Trust to pay invoices has decreased from 31 days in Sep 2017-Feb 2018 to 24 days in Mar 2019-Aug 2019. This shows an improving trend in timely payment to suppliers.
Volatility Analysis
The company's volatility in timely payment has decreased over the three periods. The percentage of invoices paid within 30 days has remained relatively stable at around 70-74%, while the percentage of invoices paid between 31-60 days has decreased from 29% in Sep 2018-Feb 2019 to 27% in Mar 2019-Aug 2019. The percentage of invoices paid later than 60 days has also decreased from 6% in Sep 2017-Feb 2018 to 1% in Mar 2019-Aug 2019. This shows a decreasing trend in late payment to suppliers.
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 Mar 2019 - 31 Aug 2019 | 24 Sept 2019 | 24 | 73% | 27% | 1% | 32% |
| 01 Sept 2018 - 28 Feb 2019 | 24 Sept 2019 | 25 | 70% | 29% | 2% | 42% |
| 01 Mar 2018 - 31 Aug 2018 | 30 Sept 2018 | 29 | 74% | 19% | 6% | 47% |
| 01 Sept 2017 - 28 Feb 2018 | 27 Mar 2018 | 31 | 73% | 21% | 6% | 45% |
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
30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
Invoices should be addressed to the Trust's central finance department: Finance Department, Southern Academy Trust, Shaftesbury School, Salisbury Road, Shaftesbury, Dorset, SP7 8ER. Complaints and concerns are considered by the Trust finance department in the first instance. They can be contacted at the above address or by email or telephone: finance@southernacademytrust.co.uk 01747 857675
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.
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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
Company Summary
Southern Academy Trust is a non-profit organization based in the United Kingdom that is dedicated to providing high-quality education and support to schools in the Southern region. The trust works with a variety of schools, including primary, secondary, and special schools, to support and improve the overall learning experience for students.
One of the key focus areas for the Southern Academy Trust is sustainability. The trust is committed to promoting sustainable practices within its member schools and educating students on the importance of environmental preservation. They also work to reduce waste and promote recycling initiatives within their schools.
In addition to their sustainability efforts, the trust also offers a range of products and services to its member schools. This includes professional development opportunities for teachers, financial management support, and access to educational resources and tools. The trust also provides support for schools in areas such as curriculum development, school improvement, and student well-being.
The Southern Academy Trust is led by a team of experienced and dedicated professionals, including the CEO and executive directors. They work closely with schools and their staff to ensure the best possible outcomes for students.
To learn more about the Southern Academy Trust and its activities, interested parties can visit their website at www.southernacademytrust.co.uk. The trust's registered office address is located at 16 St. John's Lane, London EC1M 4BS.
