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Their own payment-practices filing · gov.uk

How long does The Princethorpe Foundation take to pay its suppliers?

CRN 04177718 · Education · 13 statutory reports on record · period to 28 Feb 2026

17days
their reported average time to pay suppliers, latest period
Faster than mostvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

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On the public register · Companies House

Company record

Status
Active
Type
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Incorporated
12 Mar 2001
Registered office
PRINCETHORPE COLLEGE, RUGBY, CV23 9PX
3 outstanding charges — secured borrowing registered Accounts due 31 May 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–30 days. Reported average: 17.

Stated terms7–30d
+10 days
Reported avg17d

At a glance

The key figures

7–30d
their stated terms
11%
invoices paid outside terms
-10d
faster over the window
±3d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 83% of the 303 large companies reporting in education.

The pattern

Getting faster

Average days to pay across their last 6 statutory reports.

terms 7d
27
26
22
21
17
17
H1 2023H1 2024H1 2024H1 2025H1 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 94% 31–60 days 5% 61+ days 1%

The read · computed from their figures

The Princethorpe Foundation has filed 13 statutory payment periods (earliest H1 2020). Their latest report puts the average at 17 days against stated terms of 7–30 days.

The direction is faster: from 27 to 17 days over the window — about 10 days faster.

In the latest period 11% of invoices were paid outside their agreed terms, and 1% landed 61+ days out.

What they tell their suppliers

1% of invoices in dispute

In their own words · from the filing

Standard payment terms

Wherever possible payments are made within supplier stated terms, the shortest being 7 days. If no terms are stated, then we aim to process payments within 30 days from receipt of invoice.

Dispute resolution

Every effort is made to resolve all payment related queries and disputes as quickly as possible. Queries are referred to the relevant department/purchaser and followed up by the Purchase Ledger team to ensure they are resolved in a timely manner. Suppliers are contacted if it becomes evident that we haven't received an invoice.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20261711%1%30 Mar 2026
H1 20251711%1%30 Sept 2025
H1 20252112%1%27 Mar 2025
H1 20242218%2%30 Sept 2024
H1 20242627%2%28 Mar 2024
H1 20232727%5%29 Sept 2023
H1 20232827%4%30 Mar 2023
H1 20223038%4%28 Sept 2022
H1 20225174%32%31 Mar 2022
H1 20213126%7%30 Sept 2021
H1 20213239%8%31 Mar 2021
H1 20204564%22%30 Sept 2020
H1 20203253%8%14 Apr 2020

Working-capital effect

What a 17-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 17-day vs a 7-day payment cycle.

≈ £6,500
of invoicing outstanding at any one time on a 17-day cycle — about £3,900 more than the same account would carry at 7-day terms.

Late Payment Act. The Late Payment of Commercial Debts Act lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.

Quick answers

Are they getting slower or faster?
Their reported average has moved about 10 days faster over the window (27 → 17 days).
What's their typical pay point?
Their latest reports average around day 17, moving within about ±3 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch The Princethorpe Foundation (free)

Their next payment report is due ≈ 26 Sept 2026. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

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More large companies in education

The Pioneer Academy · The Priory Federation of Academies · The Pinnacle Learning Trust · The Priory Learning Trust · The Perse School · The Prospect Trust

How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-04177718 · latest period to 28 Feb 2026

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