QUEEN MARGARET UNIVERSITY EDINBURGH
Company Information
- Company Number
- SC007335
- Registered Address
- Queen Margaret University Drive, Musselburgh, East Lothian, EH21 6UU
- Status
- Active
- Employee Count
- 457
- Turnover
- £48,317,000
- EBITDA
- £4,406,000
Additional Details
- Website
- https://qmu.ac.uk
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 22 November 1909
- Nature of Business
- 85421 - First-degree level higher education85422 - Post-graduate level higher education
- Industries
- Coming Soon
- Region
- Scotland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time to pay for QUEEN MARGARET UNIVERSITY, EDINBURGH has been consistently decreasing over the past three years. The percentage of invoices paid within 30 days has increased from 61% to 95%, showing a strong trend towards early payment. The percentage of invoices paid later than 60 days has also significantly decreased from 4% to 0%. Overall, the trend shows that the company has been making improvements in paying invoices on time.
Volatility Analysis
The data for QUEEN MARGARET UNIVERSITY, EDINBURGH shows a relatively stable pattern in terms of average time to pay and percentage of invoices paid within 30 days. However, there is some volatility in the percentage of invoices paid later than 60 days, with a high of 4% in the first period and a low of 0% in the most recent period.
Summary Analysis
For the past three periods, QUEEN MARGARET UNIVERSITY, EDINBURGH has consistently decreased their average time to pay and increased their percentage of invoices paid within 30 days. The most significant change is seen in the most recent period where the average time to pay decreased to 14 days and the percentage of invoices paid within 30 days increased to 96%. This shows a strong commitment towards early payment and promptness in paying invoices.
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 Feb 2025 - 31 Jul 2025 | 29 Aug 2025 | 21 | 69% | 29% | 2% | 31% |
| 01 Aug 2023 - 31 Jan 2024 | 26 Feb 2024 | 14 | 94% | 6% | 0% | 6% |
| 01 Feb 2023 - 31 Jul 2023 | 29 Aug 2023 | 15 | 95% | 5% | 0% | 5% |
| 01 Aug 2022 - 31 Jan 2023 | 14 Feb 2023 | 15 | 93% | 6% | 1% | 7% |
| 01 Feb 2022 - 31 Jul 2022 | 31 Aug 2022 | 16 | 94% | 6% | 0% | 6% |
| 01 Aug 2021 - 31 Jan 2022 | 25 Feb 2022 | 15 | 94% | 6% | 0% | 6% |
| 01 Feb 2021 - 31 Jul 2021 | 25 Aug 2021 | 14 | 96% | 4% | 0% | 4% |
| 01 Aug 2020 - 31 Jan 2021 | 24 Feb 2021 | 17 | 90% | 10% | 0% | 10% |
| 01 Feb 2020 - 31 Jul 2020 | 25 Aug 2020 | 17 | 90% | 8% | 2% | 9% |
| 01 Aug 2019 - 31 Jan 2020 | 02 Mar 2020 | 15 | 92% | 8% | 0% | 7% |
| 01 Feb 2019 - 31 Jul 2019 | 28 Nov 2019 | 27 | 76% | 21% | 3% | 23% |
| 01 Aug 2018 - 31 Jan 2019 | 26 Feb 2019 | 20 | 82% | 17% | 1% | 18% |
| 01 Feb 2018 - 31 Jul 2018 | 29 Aug 2018 | 27 | 62% | 35% | 3% | 35% |
| 01 Aug 2017 - 31 Jan 2018 | 01 May 2018 | 28 | 61% | 35% | 4% | 37% |
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
Unless special terms are agreed, it is the University’s policy to pay invoices 30 days from the date of the invoice (in accordance with the CBI prompt payment code). In agreements negotiated with suppliers, the University endeavours to include and abide by specific payment terms.
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
We advise the supplier that the invoice is in dispute with the budget holder and the budget holder liaises direct with the supplier to get matters resolved.
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
Queen Margaret University, Edinburgh is a university located in Edinburgh, Scotland. It was established in 1875 and is named after Queen Margaret of Scotland. The university offers a wide range of undergraduate, postgraduate and professional courses in areas such as health sciences, business, media and communication, and social sciences.
The university is committed to sustainability and has implemented various initiatives to reduce its carbon footprint and promote environmental responsibility. This includes investing in renewable energy sources, reducing waste, and promoting sustainable transportation options for students and staff.
One of the university's notable sustainability projects is the "Green Campus" initiative, which aims to make the campus more environmentally friendly and sustainable. This includes using sustainable building materials, promoting recycling and waste reduction, and implementing energy-efficient practices.
In terms of products and services, Queen Margaret University offers a range of high-quality academic programs and research opportunities for students. It also has a strong focus on social responsibility and community engagement, with various outreach programs and partnerships with local organizations.
Some of the key people at Queen Margaret University include the Principal and Vice-Chancellor, Professor Sir Paul Grice, and other academic and administrative staff who work towards the university's mission and values.
For more information, the university's website is www.qmu.ac.uk. The registered office address is Queen Margaret University Drive, Musselburgh, East Lothian, EH21 6UU, Scotland.
