UNIVERSITY OF GLOUCESTERSHIRE

PaymentCheck Score 2025
94Excellent
1.8vs last year
#583 in UK
#14 in Creative
#16 in South West

Company Information

Company Number
06023243
Registered Address
Fullwood House University Of Gloucestershire, The Park, Cheltenham, England, GL50 2RH
Status
Active
Employee Count
968
Turnover
£88,234,000
EBITDA
£6,161,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
8 December 2006
Nature of Business
85421 - First-degree level higher education
85422 - Post-graduate level higher education
Industries
Creative,Media And Publishing,Lifestyle And Entertainment
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
93%
31-60 Days
6%
After 60 Days
1%
Not Paid Within Terms22%

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)

Company Review

Trend Analysis

The data for University of Gloucestershire shows a consistent trend of decreasing average time to pay invoices. The company has also improved in paying invoices within 30 days and has decreased the percentage of invoices paid between 31 and 60 days. However, there is a slight increase in the percentage of invoices paid later than 60 days in the most recent period.

Volatility Analysis

The data for University of Gloucestershire shows a stable trend with small fluctuations in their average time to pay and percentage of invoices paid within 30 days. There is also a slight increase in the volatility of the percentage of invoices paid between 31 and 60 days and invoices paid later than 60 days.

Performance Reports History

Reporting Period Filed: 2023-08-25
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 202529 Aug 20252293%6%1%0%
01 Aug 2023 - 31 Jan 202428 Feb 20241995%4%1%19%
01 Feb 2023 - 31 Jul 202325 Aug 20231893%6%1%22%
01 Aug 2022 - 31 Jan 202321 Feb 20232095%4%1%20%
01 Feb 2022 - 31 Jul 202224 Aug 20221898%2%0%17%
01 Aug 2021 - 31 Jan 202216 Feb 20222095%4%1%14%
01 Feb 2021 - 31 Jul 202113 Aug 20212195%3%2%18%
01 Aug 2020 - 31 Jan 202122 Feb 20212189%9%2%25%
01 Feb 2020 - 31 Jul 202014 Aug 20202092%7%1%26%
01 Aug 2019 - 31 Jan 202026 Feb 20201696%3%1%20%
01 Feb 2019 - 31 Jul 201930 Aug 20191497%2%1%28%
01 Aug 2018 - 31 Jan 201927 Feb 20191397%2%1%29%
01 Feb 2018 - 31 Jul 201831 Aug 20181297%2%1%33%
01 Aug 2017 - 31 Jan 201821 Mar 20181394%4%1%50%

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

The University of Gloucestershire operates standard payment terms of 30 days. Variations to these terms do exist based on agreements with certain suppliers.

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

Suppliers are asked to contact the person who placed the order in the first instance. If the matter cannot be resolved locally, it should then be referred to Accounts Payable via email where the Payments Team will respond to the query. Should the matter not be satisfactorily resolved it will be escalated to the Financial Operations Manager, Financial Accountant and then the Financial Controller.

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 Gloucestershire is a leading educational institution located in the heart of the UK, with campuses in Cheltenham and Gloucester. The university offers a wide range of undergraduate, postgraduate and research courses in various fields such as business, education, health, humanities, and sciences.

One of the key focuses of the university is sustainability, with a commitment to promoting environmental and social responsibility. The university has implemented several initiatives to reduce its carbon footprint and promote sustainable practices, such as using renewable energy sources, reducing waste, and promoting sustainable travel options.

The university also offers a variety of sustainability-related courses and research opportunities, allowing students to develop the skills and knowledge needed to tackle environmental challenges. Additionally, the university has a Sustainability Hub, a central point for promoting and supporting sustainability initiatives on campus.

The university's sustainability efforts have been recognized by various organizations, including being awarded the prestigious EcoCampus Platinum certification for its dedication to sustainability.

The university also offers a range of products and services, including a well-stocked library, modern sports facilities, and a variety of student support services. It also has a strong focus on employability, with career services and opportunities for students to gain practical experience through internships and placements.

The university is led by Vice-Chancellor Professor Stephen Marston. It has a diverse and dedicated team of academic and professional staff, committed to providing high-quality education and promoting a sustainable future.

For more information on the University of Gloucestershire, their sustainability program, courses, and services, visit their website at www.glos.ac.uk. The registered office address is The Park, Cheltenham, Gloucestershire, GL50 2RH, United Kingdom.

Financial Metrics

Cash
£2,599,000
Net Worth
£95,565,000
Total Current Assets
£59,136,000
Total Current Liabilities
£46,654,000

Company Location