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Their own payment-practices filing · gov.uk

How long does Rushey Mead Educational Trust take to pay its suppliers?

CRN 09079258 · Education · 17 statutory reports on record · period to 28 Feb 2026

34days
their reported average time to pay suppliers, latest period
Around averagevs a 31-day median across 6,185 recent filers

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

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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 Jun 2014
Registered office
THE MEAD CENTRE, LEICESTER, LE4 9DD
0 outstanding charges on the register Accounts due 31 May 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 30 days. Reported average: 34.

Stated terms30d
+4 days
Reported avg34d

At a glance

The key figures

30d
their stated terms
40%
invoices paid outside terms
+5d
slower over the window
±2d
steady pattern

Vs peers · latest reported averages

fasterslower
Slower than 84% of the 303 large companies reporting in education.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 30d
29
28
33
33
31
34
H1 2023H1 2024H1 2024H1 2025H1 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 72% 31–60 days 21% 61+ days 7%

The read · computed from their figures

Rushey Mead Educational Trust has filed 17 statutory payment periods (earliest H1 2018). Their latest report puts the average at 34 days against stated terms of 30 days.

The direction is slower: from 29 to 34 days over the window — about 5 days slower.

In the latest period 40% of invoices were paid outside their agreed terms, and 7% landed 61+ days out.

What they tell their suppliers

2% of invoices in dispute

In their own words · from the filing

Standard payment terms

Most of our suppliers require payment within 30 days of the invoice, though a small number of suppliers do have terms that allow us to make payments that exceed past the ‘longest standard payment period’ of 30 days. We also have a small number of suppliers requiring payment earlier than 30 days : i.e Sole traders, deposits for trips, these are done as and when required At TMET, we aspire to process all invoices within 30 days of receipt as we are aware that many of our smaller suppliers rely on prompt payments to hold strength in their business cash flow.

Dispute resolution

On rare occasions when we have to dispute an invoice the procedure is as follows: 1 - Contact the supplier in the first instance to try and resolve the issue. 2 - If the issue is not resolved in the first instance, we provide evidence via email as to why we think that the invoice is incorrect. 2a - If the supplier is not satisfied with our evidence we then ask the supplier to provide evidence that supports their invoice. 3 – This procedure continues until a resolution is made.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20263440%7%12 Mar 2026
H1 20253133%5%2 Sept 2025
H1 20253339%8%5 Mar 2025
H1 20243331%8%9 Sept 2024
H1 20242828%9%6 Mar 2024
H1 20232927%8%29 Sept 2023
H1 20233029%10%24 Mar 2023
H1 20222821%8%30 Sept 2022
H1 20222620%7%30 Mar 2022
H1 20212516%8%30 Sept 2021
H1 20212520%7%24 Mar 2021
H1 20202721%9%29 Sept 2020
H1 20202418%6%30 Mar 2020
H1 20192418%7%26 Sept 2019
H1 20192418%6%28 Mar 2019
H1 20182417%6%24 Sept 2018
H1 20182421%6%3 Apr 2018

Working-capital effect

What a 34-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 34-day vs a 30-day payment cycle.

≈ £13,500
of invoicing outstanding at any one time on a 34-day cycle — about £1,600 more than the same account would carry at 30-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

Are they getting slower or faster?
Their reported average has moved about 5 days slower over the window (29 → 34 days).
What's their typical pay point?
Their latest reports average around day 34, moving within about ±2 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.

Stay ahead

Watch Rushey Mead Educational 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.

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More large companies in education

Royal Conservatoire of Scotland · Saint Nicholas Owen Catholic Multi Academy Company · Rmet · Sapientia Education Trust · Rivermead Inclusive Trust · Schoolsworks 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 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-09079258 · latest period to 28 Feb 2026

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