Industry ranking
Score of 95.1/100 qualifies for PaymentCheck Certification
| 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 2024 - 31 Aug 2024 | 17 Oct 2024 | 20 | 93% | 7% | 1% | 0% |
| 01 Mar 2023 - 31 Aug 2023 | 02 Oct 2023 | 20 | 86% | 12% | 2% | 0% |
| 01 Sept 2022 - 28 Feb 2023 | 23 Mar 2023 | 23 | 79% | 20% | 1% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 28 Mar 2022 | 16 | 100% | 0% | 0% | 0% |
| 01 Mar 2021 - 31 Aug 2021 | 04 Oct 2021 | 17 | 100% | 0% | 0% | 0% |
| 01 Sept 2020 - 28 Feb 2021 | 25 Mar 2021 | 29 | 44% | 56% | 0% | 56% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days
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
Contact with the creditor to resolve
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
Minerva Learning Trust is a multi-academy trust based in Sheffield, operating a family of schools across Sheffield and Derbyshire. Founded in 2014 as a single academy, it has grown through school improvement and a merger with another trust into a group of ten schools, spanning primary, secondary, sixth form and post-16 provision. The Trust is governed by a Trust Board overseeing strategy and school improvement across its member schools, aiming to raise educational standards and support staff and pupil wellbeing. It focuses specifically on providing education within academies rather than any commercial trading activity.
Generated from the company's website and Companies House records. Sources: minervalearningtrust.co.uk · minervalearningtrust.co.uk