Their own payment-practices filing · gov.uk

The Pathway Academy Trust paid suppliers in 28 days on average — 14 days past its stated terms

CRN 09782388 · 7 statutory reports on record · period to 31 Dec 2022

Dated record. The latest report covers a period ending 31 Dec 2022 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

28daysavg time to pay · H2 2022

Their H2 2022 filing put the average 14 days past the 14-day term they state.

Their stated terms: 14 days
Paid outside agreed terms: 31% of invoices
Paid after 61+ days: 10%
Reporting period: 1 Sept 2022 – 31 Dec 2022
Source: their gov.uk filing, filed 30 Mar 2023

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

Terms vs reality · their H2 2022 filing

Paid 14 days past their stated terms

PAIDLATE · terms vs the clockdays to pay · 0–40

avg 28d

0 days40 days

reported avg 28 days their filed terms 14 days UK median 31 days · n = 6,104 recent filers

Where their invoices landed · share of all invoices

within 30 days 71% 31–60 days 19% 61+ days 10%

Source: their statutory Payment Practices Report #69719, period 1 Sept 2022 – 31 Dec 2022, filed 30 Mar 2023 · gov.uk payment-practices service

The Pathway Academy Trust paid 14 days past its own stated terms. 31% of invoices still went outside agreed terms; 10% reached 61 days or more. Self-reported in their statutory H2 2022 filing.

The pattern · last 6 of 7 reports

24 → 28 days — slower across the window

PAIDLATE · the patternavg days per report

Last 6 of 7 filed reports · linear day scale · every period is in the table below · Source: gov.uk payment-practices service

4 days slower across the window. From 24 days in H1 2020 to 28 in the H2 2022 filing; the dashed line marks the 14-day term they state.

The read · computed from their figures

The Pathway Academy Trust's H2 2022 filing put their average at 28 days against stated terms of 14 days; 31% of invoices were paid outside agreed terms and 10% took 61 days or longer. Filed 30 Mar 2023.

The direction is slower: from 24 days in H1 2020 to 28 now — 4 days slower across their last 6 reports.

That is 7 statutory periods on record (earliest H1 2020) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

Payments are processed via BACS within 30 days from the date of the invoice, unless specified otherwise on a supplier’s invoice or alternative terms are agreed. For example, smaller suppliers may be paid within 14 days at their request. However, it should be noted that the school finance staff work term-time only (with limited additional days during holidays) and therefore there may be delays if invoices are received during the school holidays. Suppliers are made aware of this where appropriate and there is an expectation for suppliers to acknowledge these working periods.

Dispute resolution

In the first instance, a supplier would contact the School Finance Officer or School Business Manager in the school in which the goods or services were supplied or ordered. Any concerns or disputes are investigated and resolved as quickly as possible by the School Finance Officer or School Business Manager. If a dispute cannot be resolved at school level, it would be notified to the Trust Business Manager who would then investigate further and take the appropriate action, referring to the Trust Complaints Procedure if needed.

Other information

The only change is that this reporting period is only until 31 December 2022, as the academies of The Pathway Academy Trust transferred to The Golden Thread Alliance as of 1 January 2023.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H2 2022	28	31%	10%	30 Mar 2023
H1 2022	27	28%	8%	29 Sept 2022
H1 2022	24	28%	5%	22 Mar 2022
H1 2021	22	21%	3%	23 Sept 2021
H1 2021	24	17%	4%	17 Mar 2021
H1 2020	24	26%	5%	25 Sept 2020
H1 2020	24	28%	5%	31 Mar 2020

Illustrative · working-capital arithmetic

What a 28-day cycle ties up

A worked example, not a finding. On a hypothetical £12k/month account, at a 28-day vs a 14-day payment cycle.

≈ £11,000

of invoicing outstanding at any one time on a 28-day cycle — about £5,500 more than the same account would carry at 14-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 · The Pathway Academy Trust

Are they getting slower or faster?

Their reported average has moved about 4 days slower over the window (24 → 28 days).

What's their typical pay point?

Their latest filed report put the average at day 28; across their last 6 reports it ranged 22–28 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 The Pathway Academy Trust (free)

They haven’t filed a payment report since 30 Mar 2023. 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.

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-09782388 · latest period to 31 Dec 2022

Verify the original Companies House file

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