Their own payment-practices filing · gov.uk

How long does Crofty Education Trust take to pay its suppliers?

CRN 10354924 · Education · 1 statutory report on record · period to 28 Feb 2026

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.

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: 1 Sept 2016
Registered office: UNIT 1 NORTH CROFTY TOLVADDON ENERGY PARK, CAMBORNE, TR14 0HX

0 outstanding charges on the register Accounts due 31 May 2027

Open the full record at Companies House.

Terms vs reality

Stated terms: 7–30 days. Reported average: 28.

Stated terms7–30d

+21 days

Reported avg28d

At a glance

The key figures

7–30d

their stated terms

invoices paid outside terms

Vs peers · latest reported averages

fasterslower

Slower than 63% of the 303 large companies reporting in education.

Where their supplier invoices land · latest period

within 30 days 99% 31–60 days 1% 61+ days 0%

The read · computed from their figures

Crofty Education Trust has filed 1 statutory payment period (earliest H1 2026). Their latest report puts the average at 28 days against stated terms of 7–30 days.

In the latest period 1% of invoices were paid outside their agreed terms, and 0% landed 61+ days out.

In their own words · from the filing

Standard payment terms

Pay to supplier terms as per invoice.

Dispute resolution

Contact made with supplier by financial controller to resolve issues. This may be by telephone or email. Monthly review of supplier statements is undertaken to ensure all payment adhere to supplier terms.

Every statutory report on record

Most recent first.

Period	Avg days	Outside terms	61+ days	Filed
H1 2026	28	1%	0%	10 Aug 2026

Working-capital effect

What a 28-day cycle ties up

Illustrative. On a hypothetical £12k/month account, at a 28-day vs a 7-day payment cycle.

≈ £11,000

of invoicing outstanding at any one time on a 28-day cycle — about £8,300 more than the same account would carry at 7-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

What's their typical pay point?

Their latest reports average around day 28. 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 Crofty Education 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

Creative Education Trust · Cwmni Urdd Gobaith Cymru · Cranleigh School · Cygnus Academies Trust · Core Education Trust · Dartmoor Multi 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-10354924 · latest period to 28 Feb 2026

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