UNIVERSITY OF DERBY
Company Information
- Company Number
- 03079282
- Registered Address
- Kedleston Road, Derby, Derbyshire, DE22 1GB
- Status
- Active
- Employee Count
- 2,944
- Turnover
- £209,652,000
- EBITDA
- £14,409,000
Additional Details
- Website
- https://hoverla.co.uk/
- Company Type
- Private Limited Company by guarantee without share capital use of 'Limited' exemption
- Incorporated On
- 7 July 1995
- Nature of Business
- 72190 - Other research and experimental development on natural sciences and engineering85410 - Post-secondary non-tertiary education85421 - First-degree level higher education85422 - Post-graduate level higher education
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time for University of Derby to pay invoices has fluctuated over the past 6 years, with a general downward trend until 2020 when it saw a sharp decrease. However, in recent years the average time has been steadily increasing again.
Volatility Analysis
The volatility of University of Derby's invoice payment time has been relatively high, with changes of 3-17% in the percentage of invoices paid within 30 days and 2-9% in the percentage of invoices paid later than 60 days. This indicates that the company's payment practices have not been consistent and have fluctuated over time.
Summary Analysis
From 2017 to 2020, University of Derby's average time to pay invoices decreased from 31 days to 18 days. This was largely due to an increase in the percentage of invoices paid within 30 days, from 67% to 93%. However, in 2021 and 2022, the average time to pay invoices increased again to 22 days, with a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days.
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 2024 - 31 Jan 2025 | 13 Feb 2025 | 24 | 89% | 7% | 4% | 11% |
| 01 Aug 2023 - 31 Jan 2024 | 27 Feb 2024 | 23 | 92% | 6% | 2% | 8% |
| 01 Feb 2023 - 31 Jul 2023 | 25 Aug 2023 | 28 | 81% | 12% | 7% | 19% |
| 01 Aug 2022 - 31 Jan 2023 | 27 Feb 2023 | 22 | 88% | 9% | 3% | 12% |
| 01 Feb 2022 - 31 Jul 2022 | 23 Aug 2022 | 22 | 91% | 6% | 3% | 9% |
| 01 Aug 2021 - 31 Jan 2022 | 15 Feb 2022 | 19 | 93% | 5% | 2% | 7% |
| 01 Feb 2021 - 31 Jul 2021 | 23 Aug 2021 | 19 | 93% | 4% | 3% | 7% |
| 01 Aug 2020 - 31 Jan 2021 | 22 Feb 2021 | 18 | 93% | 5% | 2% | 7% |
| 01 Feb 2020 - 31 Jul 2020 | 24 Aug 2020 | 23 | 89% | 5% | 6% | 11% |
| 01 Aug 2019 - 31 Jan 2020 | 28 Feb 2020 | 32 | 69% | 23% | 8% | 31% |
| 01 Feb 2019 - 31 Jul 2019 | 22 Aug 2019 | 30 | 77% | 15% | 8% | 23% |
| 01 Aug 2018 - 31 Jan 2019 | 01 Mar 2019 | 45 | 55% | 29% | 16% | 45% |
| 01 Feb 2018 - 31 Jul 2018 | 14 Aug 2018 | 30 | 76% | 17% | 7% | 24% |
| 01 Aug 2017 - 31 Jan 2018 | 01 Mar 2018 | 31 | 67% | 23% | 10% | 33% |
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
30 days from receipt of a valid invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Dispute Resolution Process
Complaints should be logged with the Finance Department for investigation and response.
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
The University of Derby is a public university located in Derby, England. It offers a variety of undergraduate and postgraduate degree programs in various fields such as business, education, engineering, law, and performing arts.
The university has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, promoting recycling and waste reduction, and encouraging sustainable transportation options.
The university also offers sustainability-related courses and research opportunities for students, as well as hosting events and workshops on sustainable living and practices.
In terms of products and services, the university provides a range of facilities for its students, including modern lecture halls, libraries, and sports facilities. It also offers a range of support services such as career guidance, academic support, and mental health services.
The key people at the University of Derby include the Vice-Chancellor, Professor Kathryn Mitchell, who is responsible for the overall management and direction of the university. There are also various faculty members and support staff who play a crucial role in delivering quality education and services to students.
The university's website address is www.derby.ac.uk, where visitors can find information about courses, events, and other university-related news. The registered office address is Kedleston Road, Derby, DE22 1GB, United Kingdom.
In conclusion, the University of Derby is a leading institution in the UK, known for its commitment to sustainability and providing high-quality education and services to its students. With its wide range of courses, excellent facilities, and dedicated staff, it continues to attract students from all over the world.
