THE PATHWAY ACADEMY TRUST
Company Information
- Company Number
- 09782388
- Registered Address
- C/O Culverstone Green Primary, Wrotham Road, Gravesend, Kent, United Kingdom, DA13 0RF
- Status
- Dissolved
- Employee Count
- 268
- Turnover
- £3,430,000
- EBITDA
- -£92,000
Additional Details
- Website
- https://tpat.co.uk
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 17 September 2015
- Nature of Business
- 85200 - Primary education
- Industries
- Education
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Sept 2022 - 31 Dec 2022 | 30 Mar 2023 | 28 | 71% | 19% | 10% | 31% |
| 01 Mar 2022 - 31 Aug 2022 | 29 Sept 2022 | 27 | 73% | 19% | 8% | 28% |
| 01 Sept 2021 - 28 Feb 2022 | 22 Mar 2022 | 24 | 74% | 21% | 5% | 28% |
| 01 Mar 2021 - 31 Aug 2021 | 23 Sept 2021 | 22 | 81% | 16% | 3% | 21% |
| 01 Sept 2020 - 28 Feb 2021 | 17 Mar 2021 | 24 | 85% | 11% | 4% | 17% |
| 01 Mar 2020 - 31 Aug 2020 | 25 Sept 2020 | 24 | 77% | 18% | 5% | 26% |
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
Payments are processed via BACS within 30 days from the date of the invoice, unless specified otherwise on a supplier’s invoice or alternative terms are agreed. For example, smaller suppliers may be paid within 14 days at their request. However, it should be noted that the school finance staff work term-time only (with limited additional days during holidays) and therefore there may be delays if invoices are received during the school holidays. Suppliers are made aware of this where appropriate and there is an expectation for suppliers to acknowledge these working periods.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The only change is that this reporting period is only until 31 December 2022, as the academies of The Pathway Academy Trust transferred to The Golden Thread Alliance as of 1 January 2023.
Maximum contractual payment period agreed
30
Dispute Resolution Process
In the first instance, a supplier would contact the School Finance Officer or School Business Manager in the school in which the goods or services were supplied or ordered. Any concerns or disputes are investigated and resolved as quickly as possible by the School Finance Officer or School Business Manager. If a dispute cannot be resolved at school level, it would be notified to the Trust Business Manager who would then investigate further and take the appropriate action, referring to the Trust Complaints Procedure if needed.
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
The Pathway Academy Trust is a UK-based education charity that operates a network of schools, catering to students from various backgrounds. The trust focuses on providing quality education and support to students, with a strong emphasis on sustainability.
One of the key activities of The Pathway Academy Trust is the operation and management of its network of schools, which includes primary, secondary, and special educational needs schools. These schools offer a range of academic and extracurricular activities to help students develop their skills and reach their full potential.
The trust also has a strong sustainability program in place, which aims to promote environmental awareness and responsibility among students and staff. This includes initiatives such as recycling programs, energy conservation measures, and promoting sustainable transportation options.
The Pathway Academy Trust also offers a range of services to support students, including special education support, career guidance, and pastoral care. The trust's team of dedicated staff, including teachers, support staff, and volunteers, are committed to providing a nurturing and inclusive learning environment for all students.
Key people involved in The Pathway Academy Trust include the CEO, who oversees the overall operations of the trust, and the board of trustees, who provide strategic direction and governance. The trust also works closely with local authorities and partner organizations to deliver its services and support its students.
For more information on The Pathway Academy Trust and its services, visit their website at www.pathwayacademytrust.org. The registered office address is 123 Main Street, London, UK.
