STUDENT LOANS COMPANY LIMITED
Company Information
- Company Number
- 02401034
- Registered Address
- Memphis Building Lingfield Point, Mcmullen Road, Darlington, England, DL1 1RW
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 5 July 1989
- Nature of Business
- 64929 - Other credit granting not elsewhere classified
- Industries
- Coming Soon
- Region
- North East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The Student Loans Company Limited demonstrates a strong trend of prompt payments, with an impressive average payment time of 13 days. A significant 94% of payments are consistently completed within 30 days, indicating a highly efficient and reliable payment processing system.
Volatility Analysis
While 94% of payments are within 30 days, a 6% late payment rate, including 1% extending over 60 days, introduces minor volatility. This suggests a small, but predictable, risk that a minority of invoices may experience extended delays, potentially impacting short-term cash flow for those specific transactions.
Summary Analysis
Overall, the Student Loans Company Limited presents as a highly reliable and low-risk partner for suppliers, driven by its 13-day average payment time and 94% on-time rate. Suppliers can confidently expect prompt payment for the vast majority of invoices, supporting stable cash flow. While a small 6% late payment risk exists, with 1% extending beyond 60 days, this can be mitigated by clear payment terms and consistent follow-up on outstanding invoices.
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 Apr 2025 - 30 Sept 2025 | 30 Oct 2025 | 13 | 94% | 5% | 1% | 6% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Aug 2025 | 11 | 95% | 4% | 1% | 6% |
| 01 Apr 2024 - 30 Sept 2024 | 28 Aug 2025 | 11 | 94% | 5% | 1% | 6% |
| 01 Oct 2023 - 31 Mar 2024 | 28 Aug 2025 | 11 | 94% | 5% | 1% | 7% |
| 01 Apr 2023 - 30 Sept 2023 | 28 Feb 2024 | 11 | 96% | 3% | 1% | 5% |
| 01 Oct 2022 - 31 Mar 2023 | 24 Aug 2023 | 12 | 93% | 5% | 2% | 7% |
| 01 Apr 2022 - 30 Sept 2022 | 31 May 2023 | 13 | 93% | 5% | 2% | 7% |
| 01 Oct 2021 - 31 Mar 2022 | 23 Jun 2022 | 16 | 90% | 8% | 2% | 17% |
| 01 Apr 2021 - 30 Sept 2021 | 05 Nov 2021 | 16 | 91% | 6% | 3% | 16% |
| 01 Oct 2020 - 31 Mar 2021 | 09 Apr 2021 | 17 | 89% | 7% | 4% | 19% |
| 01 Apr 2020 - 30 Sept 2020 | 25 Nov 2020 | 14 | 92% | 6% | 2% | 22% |
| 01 Oct 2019 - 31 Mar 2020 | 25 Nov 2020 | 17 | 90% | 6% | 4% | 29% |
| 01 Apr 2019 - 30 Sept 2019 | 15 Jan 2020 | 19 | 87% | 13% | 0% | 12% |
| 01 Oct 2018 - 31 Mar 2019 | 16 Aug 2019 | 11 | 94% | 6% | 0% | 10% |
| 01 Apr 2018 - 30 Sept 2018 | 14 May 2019 | 17 | 90% | 10% | 0% | 15% |
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
Standard payment terms is 30 days from receipt of a bona fide invoice. As a company our standard payment terms is 30 days, but there may be exceptional instances where individual contractual terms may be negotiated with a supplier.
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
The process for dispute resolution and complaints for qualifying contracts is set out in the applicable terms and conditions, either the relevant framework terms and conditions or the service agreement between SLC and the supplier.
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.
❌
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
Company Summary
STUDENT LOANS COMPANY LIMITED is an active private limited company operating in the UK
Based on its name, the company provides or manages student loans
The company was incorporated on 5 July 1989 and is registered with company number 02401034
Its registered office is located at Memphis Building Lingfield Point, Mcmullen Road, Darlington, England, DL1 1RW, within the North East region
Student loans companies in the UK typically administer financial support for higher education students
This includes providing loans for tuition fees and maintenance, alongside managing the repayment of these loans
