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Their own payment-practices filing · gov.uk

Greater Manchester Academies Trust paid suppliers in 17 days on average — within its stated 14–30 day terms

CRN 06754335 · Education · 6 statutory reports on record · period to 31 Aug 2024

Dated record. The latest report covers a period ending 31 Aug 2024 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.
17daysavg time to pay · H1 2024

Their H1 2024 filing put the average 3 days past the shortest term they state (14 days), still within their 30-day upper term.

Their stated terms
14–30 days
Paid outside agreed terms
0% of invoices
Paid after 61+ days
3%
Reporting period
1 Mar 2024 – 31 Aug 2024
Source
their gov.uk filing, filed 2 Oct 2024

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

Terms vs reality · their H1 2024 filing

Paid within their stated range — 17 against 14–30 days

The pattern · last 6 of 6 reports

27 → 17 days — faster across the window

The read · computed from their figures

Greater Manchester Academies Trust's H1 2024 filing put their average at 17 days against stated terms of 14–30 days; 0% of invoices were paid outside agreed terms and 3% took 61 days or longer. Filed 2 Oct 2024.

The direction is faster: from 27 days in H1 2018 to 17 now — 10 days faster across their last 6 reports.

That is 6 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

Standard contractual terms are 30 days from date of invoice.

Dispute resolution

In the event of a payment dispute the department budget holder will discuss the nature of the dispute with the finance team. The supplier will then be notified of this dispute and the actions required to bring the dispute to resolution. If a credit note needs to be raised or further goods supplied, the invoice will remain on hold until these processes have been completed. All disputes are aimed to be resolved within 30 days of the dispute being raised.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2024170%3%2 Oct 2024
H1 202461%0%28 Mar 2024
H1 202361%0%13 Oct 2023
H1 20231915%3%29 Mar 2023
H1 20182127%5%27 Nov 2018
H1 2018276%1%18 Apr 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
20 Nov 2008
Registered office
GREATER MANCHESTER ACADEMIES TRUST, MANCHESTER, M40 8NT
0 outstanding charges on the register Accounts due 31 May 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 17-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 17-day vs a 14-day payment cycle.

≈ £6,500
of invoicing outstanding at any one time on a 17-day cycle — about £1,200 more than the same account would carry at 14-day terms.

Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 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 · Greater Manchester Academies Trust

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 filed report put the average at day 17; across their last 6 reports it ranged 6–27 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.
Share

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Great Academies Education Trust · Greenshaw Learning Trust · Graveney Trust · Greenwood Academies Trust · Grace Academy · Gresham'S School

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-06754335 · latest period to 31 Aug 2024

Verify the original Companies House file

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