THE JAMES HUTTON INSTITUTE

PaymentCheck Score 2020
88Good
New Entry
#947 in UK
#33 in Scotland

Company Information

Company Number
SC374831
Registered Address
The James Hutton Institute, Invergowrie, Dundee, DD2 5DA
Status
Active
Employee Count
548
Turnover
£56,838,000
EBITDA
£17,656,000

Additional Details

Company Type
Private Limited Company by guarantee without share capital use of 'Limited' exemption
Incorporated On
15 March 2010
Nature of Business
72190 - Other research and experimental development on natural sciences and engineering
Industries
Coming Soon
Region
Scotland

Time to Pay

Average Time to Pay
21 days
Shortest Period:7 days
Longest Period:30 days
Max Contractual:45 days

Payment Timeline

Within 30 Days
91%
31-60 Days
7%
After 60 Days
2%
Not Paid Within Terms31%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-08-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2019 - 31 Mar 202025 Aug 20202191%7%2%31%
01 Apr 2019 - 30 Sept 201913 Nov 20192289%9%2%30%

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

Payment normally occurs within 28 days of either receipt of the goods or invoice, whichever is the later, subject to processing constraints and payment runs being prepared twice monthly. Where contractual obligations require payment in less than 28 days this is accommodated.

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

45

Dispute Resolution Process

We advise the supplier that the invoice is in dispute and the department concerned communicates directly with the supplier to resolve the matter and then confirms with accounts when payment can be made.

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 James Hutton Institute is a leading scientific research organization based in Scotland, dedicated to finding sustainable solutions for land, crop and environmental management. The institute was formed in 2011 through the merger of two renowned institutions, the Macaulay Land Use Research Institute and the Scottish Crop Research Institute.

The institute conducts cutting-edge research in a wide range of areas, such as soil health, climate change, sustainable agriculture, and biodiversity. They also provide expert advice and support to policymakers, farmers, and land managers to help them make informed decisions for a sustainable future.

One of the key focuses of the James Hutton Institute is their sustainability program. This involves working towards a more sustainable and resilient food system, promoting sustainable land use practices, and addressing global challenges such as food security and climate change. They also have a strong commitment to minimizing their own environmental impact through sustainable practices within their own operations.

The institute offers a variety of products and services, including consultancy services, research collaborations, and training courses for professionals in the agriculture and environmental sectors. They also have a range of publications, including scientific papers and reports, to share their findings and knowledge with the wider community.

The key people at the James Hutton Institute include their Chief Executive Professor Colin Campbell, who leads a team of over 500 researchers, scientists, and support staff. Their expertise and dedication have earned them a strong reputation in the industry.

For more information on the James Hutton Institute and their work, visit their website at https://www.hutton.ac.uk/. Their registered office address is James Hutton Institute, Craigiebuckler, Aberdeen, AB15 8QH, United Kingdom.

Financial Metrics

Cash
£2,435,000
Net Worth
£54,578,000
Total Current Assets
£16,293,000
Total Current Liabilities
£13,053,000

Company Location