Score of 91.9/100 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 2023 - 29 Feb 2024 | 12 Mar 2024 | 28 | 93% | 6% | 1% | 0% |
| 01 Mar 2023 - 31 Aug 2023 | 10 Jan 2024 | 28 | 79% | 16% | 5% | 0% |
| 01 Sept 2022 - 28 Feb 2023 | 09 Mar 2023 | 28 | 94% | 5% | 1% | 0% |
| 01 Mar 2022 - 31 Aug 2022 | 04 Nov 2022 | 29 | 77% | 22% | 1% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 17 May 2022 | 29 | 73% | 26% | 1% | 0% |
| 01 Mar 2021 - 31 Aug 2021 | 05 May 2022 | 32 | 60% | 33% | 7% | 0% |
| 01 Sept 2020 - 28 Feb 2021 | 05 May 2022 | 32 | 60% | 33% | 7% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Trust does not have its own standard terms but agrees the supplier terms when setting up a new supplier account. These are generally 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Any dispute is usually resolved by the person placing the purchase order with the supplier. The relevant school business manager and/or the Trust Chief Operating Officer will be involved if necessary. The Trust aims to resolve all disputes within the standard supplier terms.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
The Circle Trust is a UK-based organization that focuses on promoting sustainability and environmental conservation through various activities and initiatives. The trust was established in 2008 with the aim of educating and engaging individuals, businesses, and communities in sustainable practices.
The trust's sustainability program includes educational workshops and events, community projects, and partnerships with other organizations to raise awareness about environmental issues and promote sustainable solutions. They also provide resources and support for individuals and businesses to adopt sustainable practices in their daily lives and operations.
The Circle Trust offers a range of products and services to support their sustainability efforts. These include eco-friendly products such as reusable bags, water bottles, and cleaning supplies, as well as sustainable consulting services for businesses looking to reduce their environmental impact.
The key people behind the Circle Trust include its founder and CEO, Sarah Brown, who is a prominent advocate for sustainable development. The trust also has a team of dedicated staff and volunteers who work towards their mission of creating a more sustainable future.
For more information on the Circle Trust and their activities, individuals can visit their website at www.thecircletrust.co.uk. The registered office address for the trust is 1-5 Clerkenwell Road, London, EC1M 5PA.