DARTMOOR MULTI ACADEMY TRUST

PaymentCheck Score 2021
96Excellent
New Entry
#419 in UK
#17 in Education
#24 in South West

Company Information

Company Number
11075564
Registered Address
Wardhayes, Simmons Way, Okehampton, England, EX20 1PU
Status
Active
Employee Count
996
Turnover
£46,721,000
EBITDA
£9,220,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
21 November 2017
Nature of Business
85590 - Other education not elsewhere classified
Industries
Education
Region
South West

Time to Pay

Average Time to Pay
11 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
99%
31-60 Days
0%
After 60 Days
1%
Not Paid Within Terms19%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-09-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2021 - 31 Aug 202122 Sept 20211199%0%1%19%

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 aim to pay all invoices within 30 days unless special terms have been requested and agreed. Disputed invoices are reviewed regularly until any queries are resolved.

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

Disputes are monitored by finance operations on a weekly basis and investigated and resolved accordingly.

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

DARTMOOR MULTI ACADEMY TRUST (DMAT) is a group of schools located in the Dartmoor area of the United Kingdom. The trust was established in 2014 with the aim of providing high-quality education to students in the local community.

One of the key focuses of DMAT is sustainability. The trust is committed to promoting sustainable practices and educating students about the importance of environmental conservation. They have implemented various initiatives such as recycling programs, energy-efficient measures, and promoting sustainable transportation options.

The trust offers a wide range of products and services to its students, including academic and vocational courses, extracurricular activities, and support for students with special educational needs. DMAT also provides professional development opportunities for its staff to ensure they are equipped with the latest teaching techniques and strategies.

The key people involved in DMAT include the board of trustees, led by the Chief Executive Officer, and the executive team, consisting of experienced educators and administrators. They work closely with the school leaders to ensure the smooth operation of all schools within the trust.

For more information on DMAT, their website address is www.dartmoormat.org.uk. Their registered office address is DMAT, Dartmoor Academy, Morwellham Quay, Tavistock, Devon, PL19 8JL. The trust also has a presence on social media platforms such as Twitter and Facebook, where they regularly share updates and news about their activities.

Financial Metrics

Cash
£3,095,528
Net Worth
£68,626,510
Total Current Assets
£5,077,994
Total Current Liabilities
£3,133,978

Company Location