EMPIRIC STUDENT PROPERTY PLC
Company Information
- Company Number
- 08886906
- Registered Address
- 1st Floor Hop Yard Studios, 72 Borough High Street, London, England, SE1 1XF
- Status
- Active
- Employee Count
- 340
- Turnover
- £73,000,000
- EBITDA
- £81,700,000
Additional Details
- Website
- https://empiric.co.uk/
- Company Type
- Public limited Company
- Incorporated On
- 11 February 2014
- Nature of Business
- 68209 - Other letting and operating of own or leased real estate
- Industries
- Property,Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| 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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 32 | 84% | 7% | 9% | 16% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Feb 2025 | 24 | 82% | 11% | 7% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 7 | 95% | 5% | 0% | 1% |
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 receipt
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
If a dispute arises in relation to an invoice, Empiric Student Property plc will seek to resolve the dispute within 30 days. If this is not possible then the supplier will be notified with an explanation of the reason for the delay and a contact at the Company who is responsible for resolving the dispute. If you have any further questions regarding invoice submission or payment then please contact accountspayable@empiric.co.uk
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.
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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
Company Summary
EMPIRIC STUDENT PROPERTY PLC is a leading UK-based real estate investment trust (REIT) focused on providing high-quality student accommodation
The company was established in 2013 and is headquartered in London, with properties across major university cities in the UK.\n\nSustainability is a key focus for EMPIRIC STUDENT PROPERTY PLC, and the company has implemented various initiatives to reduce its environmental impact
This includes energy-efficient building designs, using sustainable materials and promoting recycling and waste reduction
They also encourage their tenants to adopt sustainable practices through educational programs and support for eco-friendly initiatives.\n\nEMPIRIC STUDENT PROPERTY PLC offers a variety of products and services, including purpose-built student accommodation, residential apartments, and commercial properties
Their student accommodation facilities are designed to provide a comfortable and safe living environment for students, with facilities such as common areas, study spaces, and on-site security.\n\nThe company is led by a team of experienced professionals, including CEO Tim Attlee and Chairman Paul Hadaway
They are committed to delivering strong returns for investors while also ensuring the sustainability of their business practices and properties.\n\nFor more information on EMPIRIC STUDENT PROPERTY PLC and their properties, individuals can visit their website at www.empiric.co.uk
The company's registered office address is 1st Floor, 100 Wood Street, London, EC2V 7AN
With their focus on sustainability and providing high-quality accommodation for students, EMPIRIC STUDENT PROPERTY PLC continues to be a leader in the UK real estate market
