MINERVA LEARNING TRUST

PaymentCheck Score 2023
91Excellent
2.7vs last year
#791 in UK
#35 in Yorkshire and The Humber

Company Information

Company Number
09200332
Registered Address
Unit P3 Sheffield Business Park, Europa Link, Sheffield, South Yorkshire, United Kingdom, S9 1XU
Status
Active
Employee Count
570
Turnover
£40,214,000
EBITDA
£2,223,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
2 September 2014
Nature of Business
85590 - Other education not elsewhere classified
Industries
Coming Soon
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
20 days
Shortest Period:16 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
93%
31-60 Days
7%
After 60 Days
1%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-10-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2023 - 31 Aug 202302 Oct 20232086%12%2%0%
01 Sept 2022 - 28 Feb 202323 Mar 20232379%20%1%0%
01 Sept 2021 - 28 Feb 202228 Mar 202216100%0%0%0%
01 Mar 2021 - 31 Aug 202104 Oct 202117100%0%0%0%
01 Sept 2020 - 28 Feb 202125 Mar 20212944%56%0%56%

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 information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

30

Dispute Resolution Process

Contact with the creditor to resolve

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

MINERVA LEARNING TRUST is a UK-based educational organization that aims to provide high-quality education and support to schools and students. The trust was founded in 2013 and currently has 28 schools under its management.

The trust's sustainability program focuses on promoting environmental awareness and responsibility among its staff, students, and the wider community. This includes implementing sustainable practices in schools such as reducing energy and water consumption, promoting waste reduction and recycling, and encouraging the use of eco-friendly products.

MINERVA LEARNING TRUST offers a range of services to its member schools, including financial management, HR support, and professional development opportunities for staff. The trust also provides strategic leadership and support to help schools improve their academic performance and overall school culture.

One of the key people leading MINERVA LEARNING TRUST is the CEO, Mark Taylor, who has over 20 years of experience in education and has been instrumental in the growth and success of the trust. The trust also has a board of trustees, made up of experienced professionals from the education and business sectors, who provide guidance and support to the organization.

The registered office address for MINERVA LEARNING TRUST is at 1st Floor, 2 Woodberry Grove, London, N12 0DR, UK. The trust's website is www.minervalearningtrust.org.uk, where interested parties can find more information about the trust, its services, and its member schools.

Financial Metrics

Cash
£9,686,067
Net Worth
£83,721,766
Total Current Assets
£10,750,859
Total Current Liabilities
£2,999,865

Company Location