The MFG Academies Trust
Registered as THE MFG ACADEMIES TRUST. Company number 07521584. 13 payment practices reports on file, the latest for the period ending 29 February 2024, filed 22 March 2024.
27days on average to pay
- Within 30 days
- 31 to 60 days
- Over 60 days
In the reporting period from 1 September 2023 to 29 February 2024, The MFG Academies Trust reported that it took an average of 27 days to pay its suppliers' invoices. It paid 83% of invoices within 30 days, 8% in 31 to 60 days and 9% after more than 60 days. It said 13% of invoices were not paid within the agreed terms.
A year earlier, in the period to 28 February 2023, the average was 23 days, so it is 4 days slower now.
This company has not filed a report for a period ending since May 2025, so it is not in our current tables. Companies stop reporting when they no longer meet the size test, are restructured or close.
Average days to pay, report by report
Bars are labelled with the month the period ended. The dashed line marks 30 days.
Every report filed
| Period | Filed | Average days | Within 30 days | 31 to 60 | Over 60 | Not within terms | Source |
|---|---|---|---|---|---|---|---|
| Sep 2023 to Feb 2024 | 22 Mar 2024 | 27 | 83% | 8% | 9% | 13% | Report |
| Mar to Aug 2023 | 29 Sep 2023 | 24 | 77% | 15% | 8% | 18% | Report |
| Sep 2022 to Feb 2023 | 29 Mar 2023 | 23 | 77% | 20% | 3% | 12% | Report |
| Mar to Aug 2022 | 29 Sep 2022 | 23 | 78% | 19% | 3% | 10% | Report |
| Sep 2021 to Feb 2022 | 30 Mar 2022 | 23 | 73% | 25% | 2% | 12% | Report |
| Mar to Aug 2021 | 28 Sep 2021 | 22 | 78% | 20% | 2% | 9% | Report |
| Sep 2020 to Feb 2021 | 29 Mar 2021 | 28 | 70% | 24% | 6% | 16% | Report |
| Mar to Aug 2020 | 2 Oct 2020 | 30 | 65% | 28% | 7% | 20% | Report |
| Sep 2019 to Feb 2020 | 30 Mar 2020 | 26 | 70% | 29% | 1% | 11% | Report |
| Mar to Aug 2019 | 30 Sep 2019 | 23 | 75% | 24% | 1% | 9% | Report |
| Sep 2018 to Feb 2019 | 29 Mar 2019 | 24 | 76% | 22% | 2% | 10% | Report |
| Mar to Aug 2018 | 27 Sep 2018 | 25 | 73% | 24% | 3% | 10% | Report |
| Sep 2017 to Feb 2018 | 28 Mar 2018 | 23 | 76% | 23% | 1% | 9% | Report |
Source: the company's filings on Check payment practices. Contains public sector information licensed under the Open Government Licence v3.0. Figures are as filed. We do not change them.