LONDON METROPOLITAN UNIVERSITY
Company Information
- Company Number
- 00974438
- Registered Address
- London Metropolitan University, 166-220 Holloway Road, London, N7 8DB
- Status
- Active
- Employee Count
- 1,098
- Turnover
- £161,188,000
- EBITDA
- £13,242,000
Additional Details
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 11 March 1970
- Nature of Business
- 85421 - First-degree level higher education85422 - Post-graduate level higher education
- Industries
- Education
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Aug 2021 - 31 Jan 2022 | 22 Feb 2022 | 32 | 54% | 34% | 12% | 46% |
| 01 Aug 2020 - 31 Jan 2021 | 16 Feb 2022 | 32 | 52% | 32% | 16% | 48% |
| 01 Feb 2020 - 31 Jul 2020 | 16 Feb 2022 | 32 | 55% | 32% | 13% | 45% |
| 01 Aug 2019 - 31 Jan 2020 | 16 Feb 2022 | 33 | 45% | 44% | 11% | 55% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
We shall, unless stated otherwise in the contract, pay the invoiced amounts within 30 days of receipt of a valid invoice to a bank account nominated by you in writing.
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
Dispute Resolution Process
Accounts Payable team will be the first line of contact. If not resolved within 7 days this will be taken up by the Accounts Payable manager. If not resolved within 7 days this will be reported to the Associate Director of Finance. If issue cannot be resolved then it will be escalated to our Procurement Team or Legal Team depending on the nature of the issue.
Other Payment Information
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.
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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.
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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
Company Summary
London Metropolitan University is a renowned higher education institution in the United Kingdom, providing a diverse range of courses and services to students from all backgrounds. The university has a strong focus on sustainability, with various initiatives and programs in place to promote environmental consciousness and responsibility.
One of the key activities of London Metropolitan University is providing high-quality education to students from over 150 countries. The university offers undergraduate, postgraduate, and research degrees in disciplines such as business, arts, science, and law. It also offers a wide range of professional courses and apprenticeships, providing students with practical skills and industry experience.
In terms of sustainability, the university has implemented several eco-friendly measures across its campuses. This includes recycling programs, energy-efficient buildings, and promoting sustainable modes of transportation. The university also offers courses and research opportunities in sustainability and actively engages with the community through outreach and awareness programs.
London Metropolitan University has a dedicated team of key people who oversee its operations and sustainability efforts. This includes the Vice-Chancellor, Professor Lynn Dobbs, and the Director of Sustainability, Andrew Taylor. The university also has a Sustainability Steering Group, consisting of staff and student representatives, that guides and monitors its sustainability strategy.
For those interested in learning more about London Metropolitan University and its sustainability initiatives, the university's website (https://www.londonmet.ac.uk/) provides comprehensive information on its programs, services, and events. The registered office address for the university is 166-220 Holloway Road, London, N7 8DB.
