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Their own payment-practices filing · gov.uk

How long does The Pathway Academy Trust take to pay its suppliers?

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

28days
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 Dec 2022 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: 14 days. Reported average: 28.

Stated terms14d
+14 days
Reported avg28d

At a glance

The key figures

14d
their stated terms
31%
invoices paid outside terms
+4d
slower over the window
±3d
steady pattern

Vs peers · latest reported averages

fasterslower
Faster than 61% of large companies reporting.

The pattern

Getting slower

Average days to pay across their last 6 statutory reports.

terms 14d
24
24
22
24
27
28
H1 2020H1 2021H1 2021H1 2022H1 2022H2 2022

Where their supplier invoices land · latest period

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

The read · computed from their figures

The Pathway Academy Trust has filed 7 statutory payment periods (earliest H1 2020). Their latest report puts the average at 28 days against stated terms of 14 days.

The direction is slower: from 24 to 28 days over the window — about 4 days slower.

In the latest period 31% of invoices were paid outside their agreed terms, and 10% landed 61+ days out.

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.

PeriodAvg daysOutside terms61+ daysFiled
H2 20222831%10%30 Mar 2023
H1 20222728%8%29 Sept 2022
H1 20222428%5%22 Mar 2022
H1 20212221%3%23 Sept 2021
H1 20212417%4%17 Mar 2021
H1 20202426%5%25 Sept 2020
H1 20202428%5%31 Mar 2020

Working-capital effect

What a 28-day cycle ties up

Illustrative. 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 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 4 days slower over the window (24 → 28 days).
What's their typical pay point?
Their latest reports average around day 28, 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.

Stay ahead

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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-09782388 · latest period to 31 Dec 2022

Verify the original Companies House file

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