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Their own payment-practices filing · gov.uk

How long does Asset Education take to pay its suppliers?

CRN 09434926 · Education · 13 statutory reports 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.

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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
11 Feb 2015
Registered office
ST HELEN'S SCHOOL, IPSWICH, IP4 2LT
0 outstanding charges on the register Accounts due 31 May 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 0–30 days. Reported average: 18.

Stated terms0–30d
+18 days
Reported avg18d

At a glance

The key figures

0–30d
their stated terms
23%
invoices paid outside terms
±2d
steady pattern

Vs peers · latest reported averages

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

The pattern

Holding steady

Average days to pay across their last 6 statutory reports.

19
18
16
20
20
18
H1 2023H1 2024H1 2024H1 2025H1 2025H1 2026

Where their supplier invoices land · latest period

within 30 days 94% 31–60 days 5% 61+ days 1%

The read · computed from their figures

Asset Education has filed 13 statutory payment periods (earliest H1 2020). Their latest report puts the average at 18 days against stated terms of 0–30 days.

The pattern is steady — their reported average moves within about ±2 days period to period.

In the latest period 23% of invoices were paid outside their agreed terms, and 1% landed 61+ days out.

In their own words · from the filing

Standard payment terms

ASSET Education aims to pay all suppliers in accordance with their payment terms and conditions unless there are queries on the invoice.

Dispute resolution

Escalate to central finance team who would take up query with management of supplier.

Other information

It is pleasing to see an improvement in our overall invoices paid within 30 days with almost 94% now hitting this metric. This has in turn brought our average days to pay down to 17.78. This has been a combined result of our teams working hard to reduce the days to pay invoices down but also due to a drive to move a higher percentage of our invoices onto Direct Debit payments which ensures payment within agreed terms. We have also seen an increase in the total amount of invoices compared to last period, most prominently due to taking catering in-house which has led to several additional food invoices. It is pleasing taht despite adding over 500 more invoices to our procesisng, we have been able to improve our overall payment times. Although our % of invoice paid after agreed terms has

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 20261823%1%7 Mar 2026
H1 20252031%1%28 Sept 2025
H1 20252026%1%18 Mar 2025
H1 20241622%0%24 Sept 2024
H1 20241821%1%19 Mar 2024
H1 20231927%1%26 Sept 2023
H1 20231825%1%17 Mar 2023
H1 20221920%0%15 Sept 2022
H1 20221720%1%29 Mar 2022
H1 20212021%1%14 Sept 2021
H1 20211422%0%15 Mar 2021
H1 20201020%1%29 Sept 2020
H1 20201725%1%17 Mar 2020

Working-capital effect

What a 18-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 18-day vs a 0-day payment cycle.

≈ £7,000
of invoicing outstanding at any one time on a 18-day cycle — about £7,100 more than the same account would carry at 0-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 is steady — within about ±2 days period to period, around 18 days.
What's their typical pay point?
Their latest reports average around day 18, 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 Asset Education (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

Aspire Academy Trust · Athena Schools Trust · Ark Schools · Aurora Academies Trust · Ardingly College Limited · Authentic Education Group Limited

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-09434926 · latest period to 28 Feb 2026

Verify the original Companies House file

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