Score of 89.5/100 qualifies for PaymentCheck Certification
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.
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.
| 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 2025 - 31 Jan 2026 | 06 Mar 2026 | 25 | 81% | 18% | 1% | 44% |
| 01 Feb 2025 - 31 Jul 2025 | 29 Aug 2025 | 22 | 93% | 6% | 1% | 0% |
| 01 Aug 2024 - 31 Jan 2025 | 27 Feb 2025 | 21 | 92% | 7% | 1% | 24% |
| 01 Feb 2024 - 31 Jul 2024 | 21 Aug 2024 | 19 | 97% | 2% | 1% | 13% |
| 01 Aug 2023 - 31 Jan 2024 | 28 Feb 2024 | 19 | 95% | 4% | 1% | 19% |
| 01 Feb 2023 - 31 Jul 2023 | 25 Aug 2023 | 18 | 93% | 6% | 1% | 22% |
| 01 Aug 2022 - 31 Jan 2023 | 21 Feb 2023 | 20 | 95% | 4% | 1% | 20% |
| 01 Feb 2022 - 31 Jul 2022 | 24 Aug 2022 | 18 | 98% | 2% | 0% | 17% |
| 01 Aug 2021 - 31 Jan 2022 | 16 Feb 2022 | 20 | 95% | 4% | 1% | 14% |
| 01 Feb 2021 - 31 Jul 2021 | 13 Aug 2021 | 21 | 95% | 3% | 2% | 18% |
| 01 Aug 2020 - 31 Jan 2021 | 22 Feb 2021 | 21 | 89% | 9% | 2% | 25% |
| 01 Feb 2020 - 31 Jul 2020 | 14 Aug 2020 | 20 | 92% | 7% | 1% | 26% |
| 01 Aug 2019 - 31 Jan 2020 | 26 Feb 2020 | 16 | 96% | 3% | 1% | 20% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Aug 2019 | 14 | 97% | 2% | 1% | 28% |
| 01 Aug 2018 - 31 Jan 2019 | 27 Feb 2019 | 13 | 97% | 2% | 1% | 29% |
| 01 Feb 2018 - 31 Jul 2018 | 31 Aug 2018 | 12 | 97% | 2% | 1% | 33% |
| 01 Aug 2017 - 31 Jan 2018 | 21 Mar 2018 | 13 | 94% | 4% | 1% | 50% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Majority at 30 days as standard
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
Contractor would write to UoG Head of Estates outlining their complaint. This is discussed with a view to resolving the issues. If no resolution can be found this is then referred to the RICS adjudication process.
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.
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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.
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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.
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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
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.
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