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Their own payment-practices filing · gov.uk

Great Academies Education Trust paid suppliers in 30 days on average — right on its stated terms

CRN 06237630 · Education · 7 statutory reports on record · period to 28 Feb 2021

Dated record. The latest report covers a period ending 28 Feb 2021 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
30daysavg time to pay · H1 2021

Their H1 2021 filing put the average right on the 30-day term they state.

Their stated terms
30 days
Paid outside agreed terms
37% of invoices
Paid after 61+ days
1%
Reporting period
1 Sept 2020 – 28 Feb 2021
Source
their gov.uk filing, filed 1 Apr 2021

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

Terms vs reality · their H1 2021 filing

Paid right on the 30-day term they state

The pattern · last 6 of 7 reports

21 → 30 days — slower across the window

The read · computed from their figures

Great Academies Education Trust's H1 2021 filing put their average at 30 days against stated terms of 30 days; 37% of invoices were paid outside agreed terms and 1% took 61 days or longer. Filed 1 Apr 2021.

The direction is slower: from 21 days in H1 2018 to 30 now — 9 days slower across their last 6 reports.

That is 7 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

30 Days upon receipt of invoice which is backed up by approval/receipt of goods/services or approved as an upfront payment

Dispute resolution

A complaint or concern will be considered by the Finance Department who will liaise with the Trust staff member/s who requested and receipted the orders to identify all background information. The Trust will subsequently liaise with the supplier to resolve the conflict. All complaints will be looked into once reported to the Trust. The turnaround time to arrive at a resolution will be dictated by the complexity of the issue and availability of all peoples relevant to the process both within the Trust and outside.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20213037%1%1 Apr 2021
H1 20203460%7%29 Sept 2020
H1 20202729%4%3 Apr 2020
H1 20192933%5%27 Sept 2019
H1 20192622%4%28 Mar 2019
H1 20182114%3%24 Sept 2018
H1 20182522%2%28 Mar 2018

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
4 May 2007
Registered office
GREAT ACADEMIES EDUCATION TRUST (LOCATED AT GAA), ASHTON-UNDER-LYNE, OL6 8RF
0 outstanding charges on the register Accounts due 30 Nov 2026

Open the full record at Companies House.

Quick answers · Great Academies Education Trust

Are they getting slower or faster?
Their reported average has moved about 9 days slower over the window (21 → 30 days).
What's their typical pay point?
Their latest filed report put the average at day 30; across their last 6 reports it ranged 21–34 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.
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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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-06237630 · latest period to 28 Feb 2021

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