Industry ranking
Score of 99.4/100 qualifies for PaymentCheck Certification
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.
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.
| 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 | 26 Mar 2026 | 27 | 87% | 10% | 3% | 13% |
| 01 Mar 2025 - 31 Aug 2025 | 26 Sept 2025 | 15 | 76% | 19% | 5% | 0% |
| 01 Sept 2024 - 28 Feb 2025 | 17 Mar 2025 | 15 | 99% | 1% | 0% | 1% |
| 01 Mar 2024 - 31 Aug 2024 | 11 Sept 2024 | 30 | 74% | 21% | 5% | 26% |
| 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% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment within 30 days of invoice
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
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-procedure
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
Nexus Multi Academy Trust is a multi-academy trust registered in England, incorporated in 2016 and based in Rotherham. It operates as the trust behind schools such as Abbey School, which supports young people with Education Health Care Plans and learning difficulties. The trust's schools provide personalised, specialist education aimed at helping pupils with additional needs achieve their potential and prepare for their next stage in life. Communications reference safeguarding contacts and school activities under the nexusmat.org domain, confirming the trust's role in overseeing academy schools rather than running a single institution itself.
Generated from the company's website and Companies House records. Sources: abbeyschool.co