FALMOUTH EXETER PLUS

PaymentCheck Score 2025
91Excellent
0.1vs last year
#801 in UK
#35 in South West

Company Information

Company Number
05103240
Registered Address
Falmouth Exeter Plus, Penryn Campus, Penryn, Cornwall, TR10 9FE
Status
Active
Employee Count
353
Turnover
£36,182,000
EBITDA
£2,614,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
16 April 2004
Nature of Business
85600 - Educational support services
Industries
Coming Soon
Region
South West

Time to Pay

Average Time to Pay
18 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
90%
31-60 Days
7%
After 60 Days
3%
Not Paid Within Terms17%

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: 2025-11-04
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Feb 2025 - 31 Jul 202504 Nov 20251890%7%3%17%
01 Aug 2024 - 31 Jan 202506 Feb 20251890%7%3%17%
01 Aug 2023 - 31 Jan 202405 Feb 20241790%8%2%17%
01 Feb 2023 - 31 Jul 202314 Aug 20231991%5%4%17%
01 Aug 2022 - 31 Jan 202314 Feb 20231990%7%3%17%
01 Feb 2022 - 30 Aug 202206 Sept 20222288%7%5%17%
01 Aug 2021 - 31 Jan 202224 Feb 20222383%11%6%17%
01 Feb 2021 - 31 Jul 202110 Aug 20212283%10%7%17%
01 Aug 2020 - 31 Jan 202110 Aug 20212582%12%6%18%
01 Feb 2020 - 31 Jul 202021 Aug 20202682%9%8%18%

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 date of invoice

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

A complaint or concern is considered on a case by case basis by the Finance Department within mutually agreed timescales.

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

FALMOUTH EXETER PLUS (FX Plus) is a company that manages the shared services of two universities - the University of Exeter and Falmouth University. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

FX Plus offers a wide range of products and services to students, staff, and visitors of both universities. These include accommodation, catering, events and conferences, IT services, and facilities management. The company also provides support services such as careers advice, student health and wellbeing, and disability support.

One of the key people at FX Plus is the Managing Director, Tony Sanders. He oversees the day-to-day operations of the company and is responsible for its strategic direction. The company also has a dedicated Sustainability Manager, who leads the sustainability efforts and works closely with the universities to implement sustainable practices.

FX Plus has a strong focus on sustainability and has received recognition for its efforts. The company has achieved ISO 14001 certification for its environmental management system and has won several awards for its sustainable practices, including the Green Gown Awards and the Cornwall Sustainability Awards.

FX Plus has a dedicated sustainability program, which includes initiatives such as reducing energy consumption, promoting sustainable travel, and implementing waste reduction and recycling practices. The company also works closely with the universities to promote sustainability among students and staff through educational campaigns and events.

The registered office address of FALMOUTH EXETER PLUS is Penryn Campus, Treliever Road, Penryn, Cornwall, TR10 9FE. The company's website address is www.fxplus.ac.uk, where more information about its services, sustainability efforts, and contact details can be found.

Financial Metrics

Cash
£167,000
Net Worth
£35,510,000
Total Current Assets
£2,038,000
Total Current Liabilities
£7,695,000

Company Location