Their own payment-practices filing · gov.uk
Millfield pays suppliers in 23 days on average — inside its 28-day stated terms
Their H1 2026 filing puts the average 5 days inside their stated 28-day term.
- Their stated terms
- 28 days
- Paid outside agreed terms
- 37% of invoices
- Paid after 61+ days
- 4%
- Reporting period
- 1 Mar 2026 – 31 Aug 2026
- Source
- their gov.uk filing, filed 30 Sept 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid 5 days inside the 28-day term they state
Where their invoices landed · share of all invoices
The pattern · last 6 of 18 reports
Holding steady around 23 days
The read · computed from their figures
Millfield's H1 2026 filing puts their average at 23 days against stated terms of 28 days; 37% of invoices were paid outside agreed terms and 4% took 61 days or longer. Filed 30 Sept 2026.
The pattern is steady — their reported average moves within about ±1 days period to period.
On the latest reported averages: Faster than 59% of the 309 large companies reporting in education.
That is 18 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
Millfield is committed to meeting its obligation as they fall due. The standard payment term is net 28 days. Suppliers with alternative payment dates are used and agreement to non standard payment terms is based upon the discretion of the budget holder, custom and practice, size of supplier and nature of product or service being provided.
Dispute resolution
When the Finance office is made aware of a dispute the budget holder is notified. The budget holder is responsible for following up and resolving any disputes with the supplier. Where the budget holder is unable to resolve the dispute, assistance will be sought from the Finance Controller, Finance Director , and Legal advisors as appropriate.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 23 | 37% | 4% | 30 Sept 2026 |
| H1 2026 | 23 | 36% | 5% | 31 Mar 2026 |
| H1 2025 | 23 | 37% | 5% | 30 Sept 2025 |
| H1 2025 | 22 | 34% | 4% | 17 Apr 2025 |
| H1 2024 | 24 | 30% | 6% | 30 Sept 2024 |
| H1 2024 | 24 | 30% | 6% | 28 Mar 2024 |
| H1 2023 | 28 | 46% | 8% | 29 Sept 2023 |
| H1 2023 | 31 | 67% | 6% | 31 Mar 2023 |
| H1 2022 | 36 | 74% | 9% | 30 Sept 2022 |
| H1 2022 | 36 | 73% | 9% | 31 Mar 2022 |
| H1 2021 | 33 | 80% | 5% | 30 Sept 2021 |
| H1 2021 | 37 | 81% | 7% | 31 Mar 2021 |
| H1 2020 | 41 | 83% | 14% | 1 Oct 2020 |
| H1 2020 | 29 | 53% | 5% | 26 Mar 2020 |
| H1 2019 | 28 | 26% | 4% | 30 Sept 2019 |
| H1 2019 | 24 | 25% | 4% | 29 Mar 2019 |
| H1 2018 | 27 | 28% | 4% | 27 Sept 2018 |
| H1 2018 | 27 | 32% | 4% | 29 Mar 2018 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
- Incorporated
- 4 Aug 1953
- Registered office
- MILLFIELD, SOMERSET, BA16 0YD
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How UK payment reporting works
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What does "paid outside agreed terms" mean?
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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-00522385 · latest period to 31 Aug 2026
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