Their own payment-practices filing · gov.uk

How long does South Lincolnshire Academies Trust take to pay its suppliers?

CRN 07559187 · Education · 1 statutory report on record · period to 28 Feb 2026

18days

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.

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: 10 Mar 2011
Registered office: BOURNE ACADEMY, BOURNE, PE10 9DT

0 outstanding charges on the register Accounts due 31 May 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 7 days. Reported average: 18.

Stated terms7d

+11 days

Reported avg18d

At a glance

The key figures

their stated terms

invoices paid outside terms

Vs peers · latest reported averages

fasterslower

Faster than 79% of the 303 large companies reporting in education.

Where their supplier invoices land · latest period

within 30 days 86% 31–60 days 13% 61+ days 1%

The read · computed from their figures

South Lincolnshire Academies Trust has filed 1 statutory payment period (earliest H1 2026). Their latest report puts the average at 18 days against stated terms of 7 days.

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

In their own words · from the filing

Standard payment terms

This report outlines the payment practices and performance of South Lincolnshire Academies Trust in accordance with the Reporting on Payment Practices and Performances Regulations. The Trust is committed to maintaining fair and transparent payment practices and aims to build strong and sustainable relationships with its suppliers. The Trust operates a standard payment policy of 30 days from the date of invoice, unless otherwise agreed in writing. Invoices are processed promptly upon receipt, subject to verification and approval procedures. Suppliers are encouraged to submit clear, accurate and complete invoices to avoid delays. Any discrepancies are addressed as quickly as possible in collaboration with the supplier.

Dispute resolution

In the event of any dispute relating payment, SLAT will proactively engage with the supplier and take reasonable steps to resolve the matter in a timely and constructive manner. During the reporting period, the company has taken steps to improve internal processes to ensure timely payments. The Trust monitors its payment performance regularly and is committed to continuous improvement in this area. The company does not withhold payments unreasonably and seeks to resolve disputes efficiently. Any payments not made within agreed terms are reviewed, and corrective actions are implemented where necessary. Overall, the Trust remains dedicated to responsible payment practices and recognises the importance of timely payments in supporting the financial stability of its suppliers.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	18	1%	1%	27 Mar 2026

Working-capital effect

What a 18-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 18-day vs a 7-day payment cycle.

≈ £7,000

of invoicing outstanding at any one time on a 18-day cycle — about £4,300 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

What's their typical pay point?

Their latest reports average around day 18. 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 South Lincolnshire Academies Trust (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.

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

More large companies in education

South Farnham Educational Trust · South Orpington Learning Alliance Multi-academy Trust · South East Surrey Schools Education Trust · South Pennine Academies · South East Essex Academy Trust · South Suffolk 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-07559187 · latest period to 28 Feb 2026

Verify the original Companies House file

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