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Their own payment-practices filing · gov.uk

Inspiration Trust pays suppliers in 25 days on average — within its stated 7–30 day terms

CRN 08179349 · Education · 18 statutory reports on record · period to 31 Aug 2026

25daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 18 days past the shortest term they state (7 days), still within their 30-day upper term.

Faster than mostvs a 31-day median across 6,104 recent filers
Their stated terms
7–30 days
Paid outside agreed terms
21% of invoices
Paid after 61+ days
3%
Reporting period
1 Mar 2026 – 31 Aug 2026
Source
their gov.uk filing, filed 15 Sept 2026

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

Terms vs reality · their H1 2026 filing

Paid within their stated range — 25 against 7–30 days

The pattern · last 6 of 18 reports

Holding steady around 25 days

The read · computed from their figures

Inspiration Trust's H1 2026 filing puts their average at 25 days against stated terms of 7–30 days; 21% of invoices were paid outside agreed terms and 3% took 61 days or longer. Filed 15 Sept 2026.

The pattern is steady — their reported average moves within about ±3 days period to period.

On the latest reported averages: Faster than 50% of the 309 large companies reporting in education.

That is 18 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

Our full terms of purchase is available at https://www.inspirationtrust.org/attachments/download.asp?file=951&type=pdf Maximum contractual period is 30 days and this remained the same across the reporting period Any disputes over payments will be dealt with in the first instance by the finance department- contact information available at https://www.inspirationtrust.org/contact

Dispute resolution

Any disputes over payments will be dealt with in the first instance by the finance department- contact information available at https://www.inspirationtrust.org/contact

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20262521%3%15 Sept 2026
H1 20262521%4%17 Mar 2026
H1 20252217%1%23 Sept 2025
H1 20252728%7%10 Mar 2025
H2 20242217%3%30 Oct 2024
H1 20242619%5%18 Mar 2024
H1 20232930%4%9 Nov 2023
H1 20232826%7%27 Mar 2023
H1 20222932%6%10 Oct 2022
H1 20223026%9%4 Mar 2022
H1 20212629%5%8 Oct 2021
H1 20213437%9%16 Mar 2021
H1 20203034%8%30 Sept 2020
H1 20203237%9%24 Mar 2020
H1 20193434%7%25 Sept 2019
H1 20193231%8%27 Jun 2019
H1 20182931%7%27 Jun 2019
H1 20182031%4%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
14 Aug 2012
Registered office
WEIGHTS AND MEASURES BUILDING, NORWICH, NR2 1NR
1 outstanding charge — secured borrowing registered Accounts due 31 May 2027

Open the full record at Companies House.

Illustrative · working-capital arithmetic

What a 25-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 25-day vs a 7-day payment cycle.

≈ £10,000
of invoicing outstanding at any one time on a 25-day cycle — about £7,100 more than the same account would carry at 7-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 · Inspiration Trust

Are they getting slower or faster?
Their reported average is steady — within about ±3 days period to period, around 25 days.
What's their typical pay point?
Their latest reports average around day 25, moving within about ±3 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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More large companies in education

Incorporated Bishop'S Stortford College Association(THE) · Inspire Learning Trust · Hurstpierpoint College Limited · Inspire Partnership Academy Trust · Hull Collaborative Academy Trust · James Montgomery Academy 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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-08179349 · latest period to 31 Aug 2026

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