Industry ranking
Score of 83.4/100 qualifies for PaymentCheck Certification
| 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 2021 - 28 Feb 2022 | 23 Mar 2022 | 24 | 82% | 14% | 4% | 27% |
| 01 Mar 2021 - 31 Aug 2021 | 30 Sept 2021 | 29 | 73% | 20% | 7% | 36% |
| 01 Sept 2020 - 28 Feb 2021 | 19 Mar 2021 | 26 | 71% | 24% | 5% | 39% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We aim to make payments within 28 days
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
Any queries on payments should in the first instance be raised with the Trust Finance Office
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
THE YARE EDUCATION TRUST is a dissolved private limited company by guarantee without share capital use of 'limited' exemption, incorporated on 28 July 2016, based in the East of England region. Registered business activity: Primary education; General secondary education; Other education not elsewhere classified.
From Companies House records.