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Their own payment-practices filing · gov.uk

The Circle Trust pays suppliers in 28 days on average — within its stated 14–60 day terms

CRN 11031096 · Education · 11 statutory reports on record · period to 28 Feb 2026

28daysavg time to pay · H1 2026

Their H1 2026 filing puts the average 14 days past the shortest term they state (14 days), still within their 60-day upper term.

Faster than mostvs a 31-day median across 6,104 recent filers
Their stated terms
14–60 days
Paid outside agreed terms
0% of invoices
Paid after 61+ days
0%
Reporting period
1 Sept 2025 – 28 Feb 2026
Source
their gov.uk filing, filed 25 Mar 2026

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

Terms vs reality · their H1 2026 filing

Paid within their stated range — 28 against 14–60 days

The pattern · last 6 of 11 reports

Holding steady around 28 days

The read · computed from their figures

The Circle Trust's H1 2026 filing puts their average at 28 days against stated terms of 14–60 days; 0% of invoices were paid outside agreed terms and 0% took 61 days or longer. Filed 25 Mar 2026.

The pattern is steady — their reported average moves within about ±0 days period to period.

On the latest reported averages: Slower than 65% of the 309 large companies reporting in education.

That is 11 statutory periods on record (earliest H1 2021) — a historical record, not a promise for a new invoice.

In their own words · from the filing

Standard payment terms

The Trust does not have its own standard terms but agrees the supplier terms when setting up a new supplier account. These are generally 30 days.

Dispute resolution

Any dispute is usually resolved by the person placing the purchase order with the supplier. The relevant school business manager and/or the Trust Chief Operating Officer will be involved if necessary. The Trust aims to resolve all disputes within the standard supplier terms.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 2026280%0%25 Mar 2026
H1 2025280%0%1 Oct 2025
H1 2025280%0%5 Mar 2025
H1 2024280%0%4 Oct 2024
H1 2024280%1%12 Mar 2024
H1 2023280%5%10 Jan 2024
H1 2023280%1%9 Mar 2023
H1 2022290%1%4 Nov 2022
H1 2022290%1%17 May 2022
H1 2021320%7%5 May 2022
H1 2021320%7%5 May 2022

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
25 Oct 2017
Registered office
THE OVAL OFFICES C/O ST CRISPIN'S SCHOOL, WOKINGHAM, RG40 1SS
0 outstanding charges on the register Accounts due 31 May 2027

Open the full record at Companies House.

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 Circle Trust

Are they getting slower or faster?
Their reported average is steady — within about ±0 days period to period, around 28 days.
What's their typical pay point?
Their latest reports average around day 28, moving within about ±0 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.
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More large companies in education

The Charter Schools Educational Trust · The CO-Operative Academies Trust · The Canterbury Academy · The Compass Partnership of Schools · The Brooke Weston Trust · The Constellation 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 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-11031096 · latest period to 28 Feb 2026

Verify the original Companies House file

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