Their own payment-practices filing · gov.uk
Atlantic Centre of Excellence Multi Academy Trust paid suppliers in 26 days on average — inside its 30-day stated terms
Their H1 2019 filing put the average 4 days inside their stated 30-day term.
- Their stated terms
- 30 days
- Paid outside agreed terms
- 28% of invoices
- Paid after 61+ days
- 5%
- Reporting period
- 1 Mar 2019 – 31 Aug 2019
- Source
- their gov.uk filing, filed 30 Sept 2019
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2019 filing
Paid 4 days inside the 30-day term they state
Where their invoices landed · share of all invoices
The pattern · last 4 of 4 reports
Held steady around 26 days
The read · computed from their figures
Atlantic Centre of Excellence Multi Academy Trust's H1 2019 filing put their average at 26 days against stated terms of 30 days; 28% of invoices were paid outside agreed terms and 5% took 61 days or longer. Filed 30 Sept 2019.
The pattern is steady — their reported average moves within about ±2 days period to period.
That is 4 statutory periods on record (earliest H1 2018) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
We have no prescribed standard payment terms as such. Our payment terms will follow those prescribed by our suppliers, which are normally 30 days
Dispute resolution
Complaints – resolution achieved through initial contact with finance staff, who will interrogate finance system to confirm payment date/payment due date. Finance staff routinely reconcile supplier statements to the finance system and request copy invoices if undisputed invoices remain unpaid. The Trust centralised the Finance function at the beginning of April 2018: the Trust is working to ensure that the majority of invoices for payment should be sent to the central location rather than the individual schools, to maximize efficiency of receipting and processing of invoices within the 30 day period. It should also be noted that the Trust’s finance staff work within term times, plus additional days during holidays, so there is an expectation for suppliers to acknowledge our working periods
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2019 | 26 | 28% | 5% | 30 Sept 2019 |
| H1 2019 | 30 | 30% | 7% | 19 Mar 2019 |
| H1 2018 | 30 | 28% | 7% | 9 Oct 2018 |
| H1 2018 | 28 | 31% | 8% | 28 Mar 2018 |
Quick answers · Atlantic Centre of Excellence Multi Academy Trust
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Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-08782544 · latest period to 31 Aug 2019
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