REACH SOUTH ACADEMY TRUST
Company Information
- Company Number
- 10151730
- Registered Address
- C/O Utc Plymouth Park Avenue, Devonport, Plymouth, England, PL1 4RL
- Status
- Active
- Employee Count
- 894
- Turnover
- £65,802,000
- EBITDA
- £24,556,000
Additional Details
- Website
- https://www.reachsouth.org/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 27 April 2016
- Nature of Business
- 85200 - Primary education85310 - General secondary education85320 - Technical and vocational secondary education
- Industries
- Coming Soon
- Region
- South West
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 2024 - 28 Feb 2025 | 01 Apr 2025 | 14 | 97% | 2% | 1% | 6% |
| 01 Sept 2023 - 29 Feb 2024 | 22 Mar 2024 | 22 | 94% | 3% | 3% | 7% |
| 01 Mar 2023 - 31 Aug 2023 | 03 Oct 2023 | 14 | 96% | 3% | 1% | 6% |
| 01 Sept 2022 - 28 Feb 2023 | 29 Mar 2023 | 16 | 93% | 6% | 1% | 9% |
| 01 Mar 2022 - 31 Aug 2022 | 28 Sept 2022 | 13 | 97% | 2% | 1% | 4% |
| 01 Sept 2021 - 28 Feb 2022 | 24 Mar 2022 | 14 | 97% | 2% | 1% | 3% |
| 01 Mar 2021 - 31 Aug 2021 | 28 Sept 2021 | 14 | 98% | 1% | 1% | 2% |
| 01 Sept 2020 - 28 Feb 2021 | 31 Mar 2021 | 15 | 97% | 2% | 1% | 3% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 16 | 97% | 2% | 1% | 3% |
| 01 Sept 2019 - 29 Feb 2020 | 25 Mar 2020 | 13 | 97% | 2% | 1% | 3% |
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
Standard terms of 30 days from the latter of; date of invoice or receipt of invoice, for all qualifying contracts.
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
Dispute Resolution Process
Suppliers wishing to query a payment should either send an email to invoices@reachsouth.org or phone 01752 544984. The Trust operates a Shared Service Centre (SSC) that processes invoices and payments on behalf of all schools in the Trust. The SSC team will address supplier queries within 48 hours. If the supplier is unsatisfied with the response, the supplier should communicate this back and the SSC team will escalate the dispute to the Trust’s Head of Finance, who in turn can escalate it to the Finance Director if required.
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
REACH SOUTH ACADEMY TRUST is a multi-academy trust based in the South of England. It was established in 2017 and currently runs 13 schools in the region, providing education to over 8,000 students.
The trust is committed to promoting sustainability and environmental consciousness within its schools and communities. As part of its sustainability program, the trust has implemented various initiatives such as reducing waste, promoting energy efficiency, and encouraging sustainable transportation methods.
In terms of products and services, the trust offers a high-quality education to students from diverse backgrounds, with a focus on academic excellence and personal development. Their schools also offer a range of extracurricular activities and support services to enhance the overall learning experience.
The trust is led by a dedicated team of professionals, including a Board of Trustees and a Chief Executive Officer, who work together to ensure the smooth functioning and growth of the trust. They are supported by a network of experienced headteachers and staff, who are committed to providing the best education for their students.
For more information on REACH SOUTH ACADEMY TRUST, including their sustainability efforts and individual school websites, you can visit their official website at www.reachsouth.org. The trust's registered office address is: REACH SOUTH ACADEMY TRUST, 2nd Floor, Sherwell House, North Hill, Plymouth, PL4 8AT.