THE UNIVERSITY OF CUMBRIA

Company Information

Company Number
06033238
Registered Address
Fusehill Street, Carlisle, Cumbria, CA1 2HH
Status
Active
Employee Count
880
Turnover
£73,648,000
EBITDA
£4,807,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
19 December 2006
Nature of Business
85421 - First-degree level higher education
85422 - Post-graduate level higher education
Industries
Coming Soon
Region
North West

Time to Pay

Average Time to Pay
21 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
97%
31-60 Days
2%
After 60 Days
1%
Not Paid Within Terms3%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-08-28
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 202528 Aug 20252197%2%1%3%
01 Aug 2023 - 31 Jan 202423 Feb 20242392%7%1%8%
01 Feb 2023 - 31 Jul 202301 Sept 20232893%4%3%7%
01 Aug 2022 - 31 Jan 202308 Mar 20232392%7%1%8%
01 Feb 2022 - 31 Jul 202220 Sept 20222493%5%2%7%
01 Feb 2021 - 31 Jul 202104 Mar 20222296%3%1%4%
01 Aug 2020 - 31 Jan 202126 Feb 20212294%5%2%6%
01 Feb 2020 - 31 Jul 202014 Aug 20202490%7%3%10%
01 Aug 2019 - 31 Jan 202028 Feb 20202684%15%1%16%
01 Aug 2017 - 31 Jan 201826 Feb 20192191%8%2%9%

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

As per our terms & conditions: In the absence of any express condition in the Contract, UOC terms are that payment shall be due thirty (30) days following receipt of a valid invoice, providing that the date of the invoice is not prior to the date of delivery.

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

Each case is considered individually. Our accounts payable team and procurement officer will work with the supplier to resolve any issues as quickly as possible. Suppliers should contact the following if they have any queries: 1) Contact our accounts payable team (accountspayableteam@cumbria.ac.uk) 2) Contact the procurement officer 3) If contact through the above channels has not resolved the issue, then the supplier should contact the Finance Manager-Operations and Controls

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 Cumbria is a public university located in Cumbria, England

It was formed in 2007 by the merger of several institutions including St

Martin's College, Cumbria Institute of the Arts, and the Cumbria Institute of the Health and Creative Arts.\n\nThe university offers a wide range of undergraduate and postgraduate courses in various fields such as arts, business, education, health, and science

It also offers distance learning programs, allowing students to study from anywhere in the world

The university has campuses in Carlisle, Lancaster, Ambleside, and London, and also offers courses at partner colleges across the county.\n\nThe university places a strong emphasis on sustainability and has taken several initiatives to reduce its environmental impact

It has established a sustainability program, which includes initiatives like reducing carbon emissions, promoting sustainable transportation, and implementing energy-efficient practices

The university also has a Sustainability Steering Group that oversees and coordinates sustainability efforts across all campuses.\n\nThe university offers a range of products and services to its students, staff, and the wider community

This includes access to well-equipped libraries, sports facilities, and student support services

It also has a strong focus on employability, offering career counseling, work placements, and opportunities for students to gain real-world experience through projects and partnerships with local businesses.\n\nThe university is led by Vice-Chancellor Professor Julie Mennell and is governed by a Board of Governors, which includes representatives from the local community, staff, and students

The university's website (www.cumbria.ac.uk) provides detailed information about its courses, campuses, and services, as well as news and events.\n\nThe registered office address for the university is Fusehill Street, Carlisle, Cumbria, CA1 2HH

It also has offices at its other campuses

The university can be contacted via phone at +44 (0) 1228 616234 or email at enquiries@cumbria.ac.uk

Financial Metrics

Cash
£22,434,000
Net Worth
£129,085,000
Total Current Assets
£32,225,000
Total Current Liabilities
£14,076,000

Company Location