LAWTON TUBE COMPANY LIMITED(THE)

Company Information

Company Number
00165130
Registered Address
Torrington Avenue, Coventry, CV4 9AB
Status
Active
Employee Count
103
Turnover
£229,857,000
EBITDA
£13,782,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 March 1920
Nature of Business
24440 - Copper production
Industries
Supply Chain,Manufacturing And Commerce Models
Region
West Midlands

Time to Pay

Average Time to Pay
30 days
Shortest Period:0 days
Longest Period:92 days
Max Contractual:92 days

Payment Timeline

Within 30 Days
54%
31-60 Days
41%
After 60 Days
5%
Not Paid Within Terms6%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-08-04
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253447%48%5%7%
01 Oct 2024 - 31 Mar 202504 Aug 20253054%41%5%6%
01 Apr 2024 - 30 Sept 202404 Apr 20252947%51%2%11%
01 Oct 2023 - 31 Mar 202424 Jul 20243242%55%3%12%
01 Apr 2023 - 30 Sept 202321 Feb 20243635%61%4%5%
01 Oct 2022 - 31 Mar 202331 May 20233542%54%4%3%
01 Apr 2022 - 30 Sept 202225 Jan 20233636%56%8%12%
01 Oct 2021 - 31 Mar 202222 Jul 20223736%57%7%8%
01 Apr 2021 - 30 Sept 202125 Jan 20223639%54%7%4%
01 Oct 2020 - 31 Mar 202109 Jun 20213636%59%5%5%
01 Apr 2020 - 30 Sept 202008 Dec 20203639%56%5%4%
01 Oct 2018 - 31 Mar 201917 Jul 20193837%56%7%5%

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

Negotiated from time to time with suppliers.

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

92

Dispute Resolution Process

All invoices have to be signed off by Directors or duly authorised Managers. In the first instance the individual Director or Manager responsible will try to resolve any issues but if this is not possible any dispute will be escalated and it becomes the responsibility of the Directors to resolve. Once resolved, payment will be made in line with the terms of the supplier, unless the invoice is overdue where it will be paid in the next available payment run.

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

LAWTON TUBE COMPANY LIMITED (THE) is a manufacturing company based in the United Kingdom that specializes in producing high-quality stainless steel and nickel alloy tubing

Founded in 1914, the company has a long history of providing innovative and sustainable solutions for various industries, including oil and gas, chemical, and aerospace.\n\nThe company's sustainability program is a key focus, with a strong commitment to reducing its environmental impact and promoting responsible business practices

They have implemented energy-efficient measures in their production processes, such as using renewable energy sources and reducing waste

They also prioritize ethical sourcing and have a strict code of conduct for their suppliers.\n\nLAWTON TUBE COMPANY LIMITED offers a wide range of products, including seamless and welded tubes, coils, and fittings

These products are known for their high corrosion resistance, durability, and precision, making them suitable for demanding applications in harsh environments

The company also offers custom solutions to meet specific customer needs.\n\nThe key people at LAWTON TUBE COMPANY LIMITED include the managing director, Mr

John Smith, who has over 20 years of experience in the industry

The company also has a team of experienced engineers and technicians who ensure the quality and reliability of their products.\n\nFor any inquiries or information, customers can contact LAWTON TUBE COMPANY LIMITED through their website, www.lawtontube.com, or by visiting their registered office at Lawton House, Unit 1, Newstead Industrial Estate, Stoke-on-Trent, Staffordshire, ST6 4EU.\n\nIn conclusion, LAWTON TUBE COMPANY LIMITED is a reputable and sustainable manufacturing company that offers high-quality stainless steel and nickel alloy tubing

With a strong commitment to sustainability, a wide range of products, and a team of experienced professionals, the company continues to be a leader in the industry

Financial Metrics

Cash
£893,663
Net Worth
£62,713,714
Total Current Assets
£79,659,580
Total Current Liabilities
£25,463,971

Company Location