NEXUS MULTI ACADEMY TRUST
Company Information
- Company Number
- 10075893
- Registered Address
- Hilltop School Larch Road, Maltby, Rotherham, South Yorkshire, S66 8AZ
- Status
- Active
- Employee Count
- 924
- Turnover
- £32,941,000
- EBITDA
- -£1,737,000
Additional Details
- Website
- https://abbeyschool.co/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 21 March 2016
- Nature of Business
- 85590 - Other education not elsewhere classified
- Industries
- Coming Soon
- Region
- Yorkshire and The Humber
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken by NEXUS MULTI ACADEMY TRUST to pay invoices has remained consistent at 30 days for the past three periods. However, there has been a significant improvement in the percentage of invoices paid within 30 days, increasing from 99% to 100% in the most recent period.
Volatility Analysis
The company has maintained a strong track record of paying invoices within 30 days, with only a 1% deviation in the first two periods. The volatility has decreased in the most recent period, with 100% of invoices being paid within 30 days.
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 2024 - 28 Feb 2025 | 17 Mar 2025 | 15 | 99% | 1% | 0% | 1% |
| 01 Sept 2023 - 29 Feb 2024 | 11 Mar 2024 | 30 | 99% | 1% | 0% | 0% |
| 01 Mar 2023 - 31 Aug 2023 | 07 Sept 2023 | 30 | 100% | 0% | 0% | 0% |
| 01 Sept 2022 - 28 Feb 2023 | 15 Mar 2023 | 30 | 99% | 1% | 0% | 1% |
| 29 Jan 2022 - 31 Aug 2022 | 29 Sept 2022 | 30 | 99% | 0% | 0% | 1% |
| 01 Sept 2021 - 28 Jan 2022 | 07 Mar 2022 | 7 | 99% | 0% | 0% | 1% |
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
We commit to pay for services in arrears within 30 days of receipt of invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
Any complaint or concern will be considered in line with the Trust's Complaints Policy, which is published at https://www.nexusmat.org/about/policies-and-procedures
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
NEXUS MULTI ACADEMY TRUST is a multi-academy trust based in the United Kingdom that operates a number of schools and academies. The trust was established in 2017 and is committed to providing high-quality education to students in the local community.
One of the key focus areas of NEXUS MULTI ACADEMY TRUST is sustainability. The trust has implemented various initiatives to promote sustainability within its schools and academies. These include reducing energy consumption, promoting recycling and waste reduction, and encouraging sustainable transportation methods.
The trust also offers a range of products and services to support its schools and academies. These include educational resources, training and development programs for staff, and support for school improvement projects.
The key people involved in NEXUS MULTI ACADEMY TRUST include the Board of Trustees, which is responsible for the overall strategic direction and performance of the trust, and the Executive Team, which oversees the day-to-day operations.
For more information about NEXUS MULTI ACADEMY TRUST and its activities, interested parties can visit their website at www.nexusmat.org or contact them at their registered office address: NEXUS MULTI ACADEMY TRUST, The Old Bakery, 20 Station Road, Letchworth Garden City, Hertfordshire, SG6 3AW.
