The Royal Academy of Arts payment practices report
PennyFetch rating based on government data:
Mostly on timeCompanies House no. 06298947
This rating is PennyFetch’s own assessment derived from data self-reported by The Royal Academy of Arts to the UK government.
Avg. days to pay
13
UK median: 32
Outside agreed terms
19%
UK average: 24%
Trend
Stable
17 reports filed
Payment terms
30 days
Standard terms
Invoice payment breakdown
How The Royal Academy of Arts compares
The Royal Academy of Arts takes an average of 13 days to pay its suppliers, which is 19 days faster than the UK median of 32 days across 9,449 reporting companies. 19% of their invoices fall outside the agreed payment terms, compared to a national average of 24%.
The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (30 days), not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.
Payment history
| Period | Avg. days | % outside terms | % in 30d | % over 60d |
|---|---|---|---|---|
| Sept 2025 to Feb 2026 | 13 | 19% | 97% | 0% |
| Mar 2025 to Aug 2025 | 13 | 49% | 98% | 0% |
| Sept 2024 to Feb 2025 | 15 | 44% | 97% | 1% |
| Mar 2024 to Aug 2024 | 13 | 44% | 99% | 0% |
| Sept 2023 to Feb 2024 | 12 | 51% | 97% | 0% |
| Mar 2023 to Aug 2023 | 18 | 43% | 95% | 3% |
| Sept 2022 to Feb 2023 | 14 | 34% | 96% | 1% |
| Mar 2022 to Aug 2022 | 19 | 31% | 96% | 2% |
| Sept 2021 to Feb 2022 | 14 | 36% | 96% | 1% |
| Mar 2021 to Aug 2021 | 18 | 33% | 95% | 2% |
| Sept 2020 to Feb 2021 | 18 | 41% | 95% | 3% |
| Mar 2020 to Aug 2020 | 21 | 36% | 83% | 5% |
| Sept 2019 to Feb 2020 | 24 | 42% | 84% | 4% |
| Sept 2018 to Aug 2019 | 22 | 56% | 81% | 3% |
| Sept 2018 to Feb 2019 | 24 | 53% | 79% | 5% |
| Mar 2018 to Aug 2018 | 22 | 61% | 83% | 5% |
| Sept 2017 to Feb 2018 | 13 | 62% | 93% | 1% |
PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.
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All payment statistics on this page are self-reported by The Royal Academy of Arts to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.
Most recent report filed: Apr 2026. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.
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