Score of 97.88/100 qualifies for PaymentCheck Certification
RIVERMEAD INCLUSIVE TRUST demonstrates a strong trend of exceptionally prompt payments, with an average settlement time of just 14 days. A significant 95% of all invoices are settled well within a 30-day window, indicating a highly efficient and consistent accounts payable process.
Payment volatility is remarkably low, as only 5% of payments extend beyond 30 days (3% in 31-60 days, 2% over 60 days), and crucially, 0% are officially categorized as late. This consistent performance offers high predictability and reliability for suppliers, presenting minimal risk of delayed or defaulted payments.
Based on its outstanding payment profile, RIVERMEAD INCLUSIVE TRUST is assessed as a very low-risk counterparty for suppliers. Their consistent promptness and zero late payments strongly indicate financial stability and reliable payment behavior, allowing suppliers to establish credit terms with high confidence.
| 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 2025 - 28 Feb 2026 | 02 Jun 2026 | 14 | 88% | 10% | 2% | 1% |
| 01 Mar 2025 - 31 Aug 2025 | 30 Sept 2025 | 14 | 95% | 4% | 1% | 0% |
| 01 Sept 2024 - 28 Feb 2025 | 07 Aug 2025 | 14 | 95% | 3% | 2% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days standard Terms, unless stated otherwise within contract
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
60
Disputes, complaints or concerns raised for qualifying contracts will be dealt with by the Trust COO and relevant department. All disputes will be dealt with fairly, consistently, and promptly.
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
Rivermead Inclusive Trust is a multi-academy trust based in Medway, Kent, operating a growing family of schools including Rivermead School and its satellite provision in Bromley. Founded in 2016 by the headteacher and governors of Rivermead School, it supports children with special educational needs and disabilities and welcomes faith schools of various denominations into its multi-academy structure. The Trust also launched Rivermead Solutions, a community interest company providing training courses, professional support networks and facilities for hire. Its stated aim is to raise educational standards while maintaining a strong moral purpose across its member schools, working collaboratively with parish councils and dioceses where faith schools are involved.
Generated from the company's website and Companies House records. Sources: rivermeadinclusivetrust.co.uk · rivermeadinclusivetrust.co.uk