PAIDLATE by YORXEN
← New check

Their own payment-practices filing · gov.uk

How long does The King's School, Worcester take to pay its suppliers?

CRN 04776324 · Education · 9 statutory reports on record · period to 31 Jul 2022

28days
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.

Share
Dated record. The latest report covers a period ending 31 Jul 2022 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

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
23 May 2003
Registered office
THE KING'S SCHOOL, WORCESTER, WR1 2LL
4 outstanding charges — secured borrowing registered Accounts due 30 Apr 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–30 days. Reported average: 28.

Stated terms7–30d
+21 days
Reported avg28d

At a glance

The key figures

7–30d
their stated terms
44%
invoices paid outside terms
+4d
slower over the window
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 63% of the 303 large companies reporting in education.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 7d
24
32
30
26
27
28
H1 2019H1 2020H1 2020H1 2021H1 2021H1 2022

Where their supplier invoices land · latest period

within 30 days 70% 31–60 days 26% 61+ days 4%

The read · computed from their figures

The King's School, Worcester has filed 9 statutory payment periods (earliest H1 2018). Their latest report puts the average at 28 days against stated terms of 7–30 days.

The direction is slower: from 24 to 28 days over the window — about 4 days slower.

In the latest period 44% of invoices were paid outside their agreed terms, and 4% landed 61+ days out.

In their own words · from the filing

Standard payment terms

The most frequently used payment terms for qualifying contracts are within 7 days of receipt of invoice (the terms generally applied to small and/or local businesses), otherwise within 30 days of receipt of invoice unless extended period indicated by the supplier in which case within supplier stated terms.

Dispute resolution

Direct contact by accounts department with supplier by telephone and/or email, usually within 7 days of the matter of any dispute/complaint being identified. To the extent necessary further information/documentation may be sought from supplier and/or internally and if matter cannot be resolved within the accounts department a dispute/complaint will be referred to the bursar/Deputy Bursar.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20222844%4%25 Nov 2022
H1 20212743%3%24 Aug 2021
H1 20212638%3%6 Apr 2021
H1 20203043%7%19 Aug 2020
H1 20203249%7%17 Feb 2020
H1 20192444%6%9 Sept 2019
H1 20192830%6%25 Feb 2019
H1 20182831%4%5 Sept 2018
H1 20182931%5%6 Mar 2018

Working-capital effect

What a 28-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 28-day vs a 7-day payment cycle.

≈ £11,000
of invoicing outstanding at any one time on a 28-day cycle — about £8,300 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 4 days slower over the window (24 → 28 days).
What's their typical pay point?
Their latest reports average around day 28, moving within about ±2 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 King's School, Worcester (free)

Their next payment report is due ≈ 26 Feb 2023. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

More large companies in education

The Kemnal Academies Trust · The Lady Eleanor Holles School · The Howard Partnership Trust · The Langley Academy Trust · The Harpur Trust · The Learning 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-04776324 · latest period to 31 Jul 2022

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.