STUDY GROUP UK LIMITED

PaymentCheck Score 2024
59Fair
#3744 in UK
#622 in South East

Company Information

Company Number
03108030
Registered Address
Britannia House, 21 Station Street, Brighton, England, BN1 4DE
Status
Active
Employee Count
365
Turnover
£31,714,000
EBITDA
£3,043,000

Additional Details

Company Type
Private limited Company
Incorporated On
29 September 1995
Nature of Business
85310 - General secondary education
Industries
Education
Region
South East

Time to Pay

Average Time to Pay
20 days
Shortest Period:45 days
Longest Period:0 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
83%
31-60 Days
16%
After 60 Days
1%
Not Paid Within Terms35%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-08-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202404 Feb 20253055%43%2%85%
01 Jul 2021 - 31 Dec 202117 Mar 20222086%14%1%49%
01 Jan 2021 - 30 Jun 202117 Aug 20212684%13%3%41%
01 Jul 2020 - 31 Dec 202017 Aug 20212484%14%2%48%
01 Jan 2020 - 30 Jun 202017 Aug 20212481%17%2%59%
01 Jul 2019 - 31 Dec 201917 Aug 20212479%19%2%54%
01 Jan 2019 - 30 Jun 201916 Jul 20192772%25%3%60%
01 Jul 2018 - 31 Dec 201816 Jul 20192575%23%2%66%

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 contractual payment terms are 45 days. Payments terms are agreed with suppliers in advance of supply. The company will accept supplier terms if the supplier does not agree to the standard terms, for example in the case of subcontractors and individuals. The maximum contractual payments terms are 45 days. For large building / maintenance contracts stage payments and terms are agreed with the supplier in advance

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

45

Dispute Resolution Process

Queries should be emailed to Finance. Queries are monitored and managed by the Accounts Payable team and responded to within 48 hours. Unresolved queries are escalated to the Accounts Payable Manager and subsequently to the Head of Shared Services.

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

STUDY GROUP UK LIMITED is a leading education provider that offers a range of educational programs to students from around the world. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes measures such as promoting the use of renewable energy, reducing waste and carbon emissions, and sourcing sustainable materials for their products and services. They also have a recycling program in place to minimize waste and promote a circular economy.

The company's main products and services include language courses, pathway programs, and university preparation courses. These programs are designed to help students improve their English language skills and prepare them for university studies in the UK.

The key people at STUDY GROUP UK LIMITED include the CEO, Mr. James Pitman, and the Managing Director, Mr. Alex Chevrolle. Both have extensive experience in the education industry and are committed to providing high-quality education to students.

For more information on their programs and services, interested individuals can visit their website at www.studygroup.com. The company's registered office address is located at 1 Billinton Way, Brighton, East Sussex, BN1 4LF, United Kingdom.

In conclusion, STUDY GROUP UK LIMITED is a reputable education provider with a strong focus on sustainability. Their range of educational programs and services, along with their commitment to reducing their environmental impact, makes them a top choice for students seeking quality education in the UK.

Financial Metrics

Cash
£819,000
Net Worth
£8,423,000
Total Current Assets
£11,007,000
Total Current Liabilities
£4,997,000

Company Location