THE ARTHUR TERRY LEARNING PARTNERSHIP
Company number: 07730920
Reporting period:
1 September 2025 to 28 February 2026
Report filed on:
25 June 2026
Approved by:
Chris Jones
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 59 days
Total value paid:
- within 30 days: £8,100,511 (69%)
- in 31 to 60 days: £2,388,641 (20%)
- in 61 days or more: £1,333,026 (11%)
Invoices paid:
- within 30 days: 33%
- in 31 to 60 days: 42%
- in 61 days or more: 25%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £3,721,677
- payments due in the reporting period which have not been paid within the agreed period: 67%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Payment is due within 30 days from the invoice date
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
Some invoices were not received in time to ensure the payment terms are adhered to; Some invoices were payable as a deposit and the remaining balance at a later date, so the payment terms of 30 days would not be met but invoices would be paid by the supplier due date; some invoices would be payable monthly but invoiced annually.
Dispute resolution process
When an invoice is in dispute or query, the Trust's Finance team will contact the supplier to advise of the issue. A resolution between the supplier and customer should be reached in a timely manner
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
Yes
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No