| 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 | 30 Sept 2019 | 24 | 85% | 10% | 5% | 2% |
| 01 Sept 2018 - 28 Feb 2019 | 28 Mar 2019 | 33 | 72% | 18% | 10% | 0% |
| 01 Mar 2018 - 31 Aug 2018 | 17 Oct 2018 | 32 | 70% | 22% | 8% | 0% |
| 01 Sept 2017 - 28 Feb 2018 | 29 Mar 2018 | 34 | 66% | 24% | 10% | 41% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The MAC operates a standard 30 day payment unless otherwise agreed
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
Invoices that are in dispute are dealt with at each location individually with a named person responsible. Escalation to LCMAC PFO if unresolved or dispute continuing.
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
Lumen Christi Catholic Multi Academy Company is a multi academy trust registered in England and Wales, with its registered office at St Thomas Aquinas Catholic School in Birmingham. Companies House records classify it under pre-primary, primary and general secondary education. Evidence confirms it acts as the academy sponsor for St Paul's Catholic Primary School in Birmingham, a Catholic primary school providing nursery through Year 6 education. As a multi academy trust, the entity is the sponsoring body overseeing its member Catholic schools rather than a single school itself, with day-to-day operations run at individual school level.
Generated from the company's website and Companies House records. Sources: stpaulrc.bham.sch.uk