LBS BUILDERS MERCHANTS LIMITED

PaymentCheck Score 2024
60Fair
2.3vs last year
#3692 in UK
#353 in Property
#54 in Wales

Company Information

Company Number
00254946
Registered Address
Lbs Business Centre, Parc Amanwy, Ammanford, Carmarthenshire, Wales, SA18 3FE
Status
Active
Employee Count
465
Turnover
£88,122,000
EBITDA
£4,976,000

Additional Details

Company Type
Private limited Company
Incorporated On
18 March 1931
Nature of Business
16230 - Manufacture of other builders' carpentry and joinery
46130 - Agents involved in the sale of timber and building materials
46730 - Wholesale of wood, construction materials and sanitary equipment
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
Industries
Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
Region
Wales

Time to Pay

Average Time to Pay
39 days
Shortest Period:7 days
Longest Period:45 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
30%
31-60 Days
60%
After 60 Days
10%
Not Paid Within Terms2%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-10
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202410 Jan 20253930%60%10%2%
01 Jan 2024 - 30 Jun 202418 Jul 20244027%63%10%2%
01 Jul 2023 - 31 Dec 202305 Feb 20244127%62%11%2%
01 Jan 2023 - 30 Jun 202305 Feb 20244526%59%15%0%
01 Jul 2022 - 31 Dec 202215 Feb 20235512%55%33%11%
01 Jan 2022 - 30 Jun 202215 Feb 20233745%45%10%0%
01 Jul 2021 - 31 Dec 202117 Jan 20223743%46%11%4%
01 Jan 2021 - 30 Jun 202126 Aug 20213744%46%10%3%
01 Jul 2020 - 31 Dec 202026 Aug 20213643%47%10%1%
01 Jan 2019 - 30 Jun 201915 Jul 20193840%50%10%3%
01 Jul 2018 - 31 Dec 201805 Feb 20193937%52%11%3%
01 Jan 2018 - 30 Jun 201819 Jul 20183840%53%7%2%

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

LOWEST STANDARD PAYMENT TERMS ARE BASED ON NUMBER OF DAYS FROM DATE OF INVOICE. THE LONGEST STANDARD DAYS ARE BASED ON THE NUMBER OF DAYS FOLLOWING END OF MONTH GOODS WERE RECEIVED IN.

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

60

Dispute Resolution Process

THE COMPANY WORKS ACTIVELY WITH ITS SUPPLY CHAIN TO ENSURE DISPUTES AND QUERIES ARE DEALT WITH PROMPTLY AND EFFICIENTLY WITH THE SUPPLIER TO AVOID UNTIMELY DELAYS FOR BOTH PARTIES.

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

LBS BUILDERS MERCHANTS LIMITED is a UK-based company that specializes in providing high-quality building materials and services. They have been in operation for over 80 years and have established a strong reputation for their reliable products and exceptional customer service.

One of the key focuses of LBS BUILDERS MERCHANTS LIMITED is sustainability. They are committed to reducing their environmental impact and promoting sustainable practices in the building industry. This includes sourcing materials from sustainable and ethical suppliers, reducing waste and carbon emissions, and promoting energy-efficient products.

The company offers a wide range of products to cater to the needs of builders, contractors, and DIY enthusiasts. These include building materials such as bricks, blocks, timber, and roofing supplies, as well as plumbing, heating, and electrical supplies. They also offer a variety of tools and equipment for construction and renovation projects.

LBS BUILDERS MERCHANTS LIMITED is led by a team of experienced and dedicated professionals, including Managing Director Mark Davies and Director David Llewellyn. Their knowledgeable staff are always on hand to assist customers with any queries and provide expert advice.

Customers can easily access LBS BUILDERS MERCHANTS LIMITED's products and services through their website, which also features an online ordering system for added convenience. They also have a network of branches across the UK, with their registered office located in Hereford.

In summary, LBS BUILDERS MERCHANTS LIMITED is a reputable company that offers high-quality building materials and services with a strong commitment to sustainability. They have a dedicated team and a wide range of products to meet the needs of their customers. Their website and network of branches make it easy for customers to access their products and services.

Financial Metrics

Cash
£8,996,127
Net Worth
£29,506,621
Total Current Assets
£35,524,048
Total Current Liabilities
£9,482,537

Company Location