// payment practices, as filed · company 07033915
Place Partnership - A Multi-Academy Trust: how it pays its suppliers, from its own filing
Place Partnership - A Multi-Academy Trust reports paying its suppliers in an average of 26 days, with 28% of invoices paid later than the agreed terms, for the period 1 March 2026 to 31 August 2026. Across the 1,496 companies that report on construction contracts, the median is 31 days and 14% late. Every figure below is the company’s own, approved by a director and published on the government register; this page reproduces it and says what it means for a subcontractor.
26 days
Average days to pay
longer than 31% of the 1,496 filers; median 31 days
28%
Paid later than agreed
a higher share than 77% of filers; median 14%
72%
Paid within 30 days
6% took longer than 60 days
The terms it declares
- Standard payment terms
- 7 to 45 days
- Maximum contractual period
- 45 days
- Paid in 31 to 60 days
- 22%
- Paid after 60 days
- 6%
- Not paid because of a dispute
- 15%
- Filed on
- 30 September 2026
Their standard terms, in their words
Most contracts have standard payment terms of 30 days, however some small local businesses have an agreement of 7 days to avoid cashflow issues. We also have suppliers with 14 day payment terms which include the local authorities and supply agencies.
Every filing since Feb 2018
Place Partnership - A Multi-Academy Trust has filed 12 times. The share paid late is up 18 points on the previous filing, and the average days to pay up 14 days. The first filing, for the period to 28 February 2018, reported 11 days and 48% late.
| Period to | Days to pay | Paid late | Within 30 days | Over 60 days |
|---|---|---|---|---|
| 31 August 2026 | 26 | 28% | 72% | 6% |
| 28 February 2026 | 12 | 10% | 99% | 0% |
| 31 August 2025 | 14 | 16% | 97% | 1% |
| 28 February 2025 | 11 | 11% | 98% | 1% |
| 31 August 2024 | 13 | 13% | 98% | 1% |
| 29 February 2024 | 12 | 11% | 98% | 1% |
Retention
- Retention clauses in construction contracts
- yes
- Standard retention rate
- not stated
- In all construction contracts
- no
- Same terms they receive from their own client
- no
- When they apply retention
- Retention clauses are typically included only when one or more of the following: 1. The contractor's performance presents a higher delivery or quality risk 2. The works involve significant defect-liability exposure 3. There is no alternative form of security in place 4. The project structure or funding model requires retention - Public-sector contract frameworks require retention to safeguard public funds 5. Subcontractor management or supply-chain risk is high
What this means if you are pricing work for them
The share paid later than agreed is the number to read first, because a short term makes an invoice late sooner and a long one hides lateness inside the term. Place Partnership - A Multi-Academy Trust is above the median on that measure, so build the delay into your cash flow before you sign. The average days to pay sits under the median.
On a 30-day term this company’s average lands inside the term, so a late invoice is the exception. When one is late, the calculator shows what statutory interest and the fixed sum add, which the law lets you charge without a clause.
Against the official benchmark: the Department for Business and Trade’s statistics for 2025, published 14 July 2026, put large construction businesses at 33 days to pay with 14% of invoices late by number (13% by value), and all large businesses at 32 days and 15% late. Place Partnership - A Multi-Academy Trust is at or inside the sector figure on days. Its late share is above the sector figure.
What the register does not show: it is self-reported, large companies only, and the filing covers the whole company, not your contract. Read it alongside the notice rules that decide what you are actually owed, and keep your own dates.
Questions subcontractors ask about Place Partnership - A Multi-Academy Trust
- How long does Place Partnership - A Multi-Academy Trust take to pay its suppliers?
- Place Partnership - A Multi-Academy Trust reported an average of 26 days to pay an invoice for 1 March 2026 to 31 August 2026, with 72% of invoices paid within 30 days and 6% taking longer than 60 days. The official 2025 figure for large construction businesses is 33 days.
- Does Place Partnership - A Multi-Academy Trust pay late?
- By its own filing, 28% of Place Partnership - A Multi-Academy Trust's invoices were paid later than the agreed terms, against 14% across large construction businesses in 2025 and a median of 14% among the 1,496 companies on this register that declare construction contracts. That is up 18 points on its previous filing (10% for the period to 28 February 2026).
- Does Place Partnership - A Multi-Academy Trust hold retention?
- Yes. Place Partnership - A Multi-Academy Trust declares retention clauses in its construction contracts, though not in all of them. The filing's own wording is quoted above.
- Can I charge Place Partnership - A Multi-Academy Trust interest on a late invoice?
- Yes, under the Late Payment of Commercial Debts (Interest) Act 1998, from the day after the final date for payment, at 8% over the Bank of England base rate plus a fixed sum per invoice, without any clause in the contract. The calculator works it out for your figures.
Source: the company’s own report on the government’s payment practices service, report 117132, made under the Reporting on Payment Practices and Performance Regulations 2017 and reproduced under the Open Government Licence v3.0. Register copy taken 2 October 2026; comparisons are against the latest filing of each of the 1,496 companies declaring construction contracts. Figures are as filed, not judged. Not legal advice.
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- Which main contractors pay late? What the payment practices register saysTen UK main contractors' filed payment figures: average days to pay, share paid late, report links. Median of 1,496 construction filers: 31 days, 14% late.
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