Industry ranking
Score of 80.2/100 qualifies for PaymentCheck Certification
| 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 2019 - 31 Jan 2020 | 27 Feb 2020 | 27 | 67% | 27% | 6% | 6% |
| 01 Feb 2019 - 31 Jul 2019 | 30 Aug 2019 | 27 | 76% | 16% | 8% | 24% |
| 01 Aug 2018 - 31 Jan 2019 | 26 Feb 2019 | 28 | 69% | 21% | 10% | 24% |
| 01 Feb 2018 - 31 Jul 2018 | 27 Aug 2018 | 26 | 76% | 15% | 9% | 24% |
| 01 Aug 2017 - 31 Jan 2018 | 30 Mar 2018 | 25 | 75% | 19% | 6% | 25% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms for goods and services are 30 days
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
59
For disputed invoices the supplier should contact the department that raised the order in the first instance and then contact the Accounts Payable team at purchase-ledger@gsa.ac.uk for resolution
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Glasgow School of Art is a higher education institution, registered as providing first-degree level education. Incorporated in 1892 and based in Glasgow, it delivers art and design degree courses. The school also operates an online shop, GSA Shop, selling contemporary homeware, accessories, jewellery, stationery and books designed by its alumni, alongside items inspired by its architectural heritage and by Charles Rennie Mackintosh. The shop's range spans categories including souvenirs, books and exclusive designs, complementing the institution's core educational activities. The organisation combines academic teaching in art and design with retail of alumni-created and heritage-inspired products.
Generated from the company's website and Companies House records. Sources: gsashop.co.uk