Industry ranking
Score of 98.3/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Sept 2023 - 29 Feb 2024 | 11 Apr 2024 | 14 | 96% | 3% | 1% | 0% |
| 01 Feb 2023 - 31 Aug 2023 | 10 Oct 2023 | 17 | 94% | 5% | 1% | 0% |
| 01 Sept 2022 - 28 Feb 2023 | 01 Mar 2023 | 18 | 92% | 6% | 2% | 0% |
| 01 Mar 2022 - 31 Aug 2022 | 28 Sept 2022 | 21 | 89% | 9% | 2% | 0% |
| 01 Sept 2021 - 28 Feb 2022 | 29 Mar 2022 | 22 | 83% | 15% | 2% | 0% |
| 01 Mar 2021 - 31 Aug 2021 | 10 Sept 2021 | 26 | 80% | 17% | 3% | 0% |
| 01 Sept 2020 - 28 Feb 2021 | 18 Mar 2021 | 28 | 73% | 22% | 5% | 27% |
| 01 Sept 2019 - 29 Feb 2020 | 09 Mar 2020 | 21 | 87% | 12% | 1% | 13% |
| 01 Mar 2019 - 31 Aug 2019 | 15 Oct 2019 | 29 | 78% | 19% | 2% | 21% |
| 01 Sept 2018 - 28 Feb 2019 | 25 Mar 2019 | 32 | 55% | 41% | 4% | 45% |
| 01 Sept 2017 - 28 Feb 2018 | 23 Apr 2018 | 33 | 57% | 40% | 3% | 43% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days standard payment terms for most suppliers
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Procurement department to try and resolve any disputes directly with suppliers. Any unresolved disputes to be escalated to the Head of Finance for assistance.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
GFM Education was a private company limited by guarantee, registered at Bay House School and Sixth Form in Gosport. It was originally incorporated as Bay House School in 2011 before being renamed GFM Education in 2017. Its registered business activities covered primary and general secondary education, consistent with its operation as an academy trust body linked to Bay House School. The company filed regular accounts and confirmation statements over more than a decade. It began voluntary strike-off proceedings in February 2025 and was formally dissolved on 18 November 2025, bringing its registered activity as an education-related corporate entity to an end.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk