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filing to 31 August 2026

// payment practices, as filed · company 08374351

Solent Academies Trust: how it pays its suppliers, from its own filing

Solent Academies Trust reports paying its suppliers in an average of 28 days, with 22% 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.

28 days

Average days to pay

longer than 38% of the 1,496 filers; median 31 days

22%

Paid later than agreed

a higher share than 65% of filers; median 14%

80%

Paid within 30 days

5% took longer than 60 days

The terms it declares

Standard payment terms
7 to 30 days
Maximum contractual period
30 days
Paid in 31 to 60 days
15%
Paid after 60 days
5%
Not paid because of a dispute
5%
Filed on
8 September 2026

Their standard terms, in their words

It is the policy of the Trust to pay all invoices by the due date and to take advantage of any discounts available for early settlement where this is to the Trust's advantage. Invoices are generally paid within 30 days unless they are in dispute.

Every filing since Feb 2025

Solent Academies Trust has filed 4 times. The share paid late is down 13 points on the previous filing, and the average days to pay down 2 days. The first filing, for the period to 28 February 2025, reported 35 days and 41% late.

Solent Academies Trust: share of invoices paid late (bars) and average days to pay (line), every filing since H1 250%25%50%0d30d60dH1 25H2 25H1 26H2 26BARS: PAID LATER THAN AGREEDLINE: AVERAGE DAYS TO PAY
The last six filings by Solent Academies Trust
Period toDays to payPaid lateWithin 30 daysOver 60 days
31 August 20262822%80%5%
28 February 20263035%77%7%
31 August 20253837%76%6%
28 February 20253541%68%10%

Retention

Retention clauses in construction contracts
yes
Standard retention rate
5%
In all construction contracts
yes
Same terms they receive from their own client
no

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. Solent Academies 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. Solent Academies 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 Solent Academies Trust

How long does Solent Academies Trust take to pay its suppliers?
Solent Academies Trust reported an average of 28 days to pay an invoice for 1 March 2026 to 31 August 2026, with 80% of invoices paid within 30 days and 5% taking longer than 60 days. The official 2025 figure for large construction businesses is 33 days.
Does Solent Academies Trust pay late?
By its own filing, 22% of Solent Academies 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 down 13 points on its previous filing (35% for the period to 28 February 2026).
Does Solent Academies Trust hold retention?
Yes. Solent Academies Trust declares retention clauses in its construction contracts at a standard rate of 5%, in all of them. The filing's own wording is quoted above.
Can I charge Solent Academies 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 116821, 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.