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Their own payment-practices filing · gov.uk

How long does L.e.a.d Academy Trust take to pay its suppliers?

CRN 07767010 · 2 statutory reports on record · period to 31 Aug 2018

22days
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 Aug 2018 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

Terms vs reality

Stated terms: 30 days. Reported average: 22.

Stated terms30d
-8 days
Reported avg22d

At a glance

The key figures

30d
their stated terms
25%
invoices paid outside terms

Vs peers · latest reported averages

fasterslower
Faster than 77% of large companies reporting.

Where their supplier invoices land · latest period

within 30 days 75% 31–60 days 20% 61+ days 5%

The read · computed from their figures

L.e.a.d Academy Trust has filed 2 statutory payment periods (earliest H1 2018). Their latest report puts the average at 22 days against stated terms of 30 days.

In the latest period 25% of invoices were paid outside their agreed terms, and 5% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Pay all sums due to the contractor/ supplier within 30 days or receipt of a valid undisputed invoice.

Dispute resolution

If the Trust receives an invoice which it reasonably believes includes a sum which is not valid and properly due or any other inaccuracy which renders the invoice invalid (a "disputed invoice"); notify the supplier/ contractor in writing as soon as reasonably practicable; to the extent the disputed element is readily identifiable, the Customer shall pay any element of the disputed invoice which is not in dispute by its due date; once the dispute has been resolved, where either Party is required to make a balancing payment, it shall do so within 5 working days and, where the Contractor is required to issue a credit note and/ or fresh invoice, it shall do so within 5 working days.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20182225%5%12 Sept 2018
H1 20182022%4%9 Mar 2018

Quick answers

What's their typical pay point?
Their latest reports average around day 22. Treat that as a historical reference point, not a promise for a new invoice.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

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Their next payment report is due ≈ 29 Mar 2019. 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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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-07767010 · latest period to 31 Aug 2018

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