LBS BUILDERS MERCHANTS LIMITED
Company Information
- Company Number
- 00254946
- Registered Address
- Lbs Business Centre, Parc Amanwy, Ammanford, Carmarthenshire, Wales, SA18 3FE
- Status
- Active
- Employee Count
- 465.0
- Turnover
- 88122000.0
- EBITDA
- 4976000.0
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
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 41 | 27% | 62% | 11% | 2% |
| 01 Jan 2023 - 30 Jun 2023 | 05 Feb 2024 | 45 | 26% | 59% | 15% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 15 Feb 2023 | 55 | 12% | 55% | 33% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 15 Feb 2023 | 37 | 45% | 45% | 10% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 17 Jan 2022 | 37 | 43% | 46% | 11% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Aug 2021 | 37 | 44% | 46% | 10% | 3% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Aug 2021 | 36 | 43% | 47% | 10% | 1% |
| 01 Jan 2020 - 01 Jun 2020 | 13 Jul 2020 | 37 | 43% | 46% | 11% | 6% |
| 01 Jul 2019 - 31 Dec 2019 | 23 Jan 2020 | 36 | 36% | 56% | 8% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Jul 2019 | 38 | 40% | 50% | 10% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 05 Feb 2019 | 39 | 37% | 52% | 11% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 38 | 40% | 53% | 7% | 2% |
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
Company Review
Trend Analysis
The average time taken for LBS BUILDERS MERCHANTS LIMITED to pay invoices has fluctuated over the past three periods, with a slight decrease in 2023 compared to 2022. However, the company has consistently paid invoices within an average of 37-39 days during this time.
Volatility Analysis
The volatility of LBS BUILDERS MERCHANTS LIMITED's payment behavior can be seen in the changes in the percentage of invoices paid within 30 days, which has ranged from 26% to 45% over the past three periods. Additionally, the percentage of invoices paid later than 60 days has also varied significantly, ranging from 33% to 15%.
Summary Analysis
In general, LBS BUILDERS MERCHANTS LIMITED has maintained a consistent average time to pay invoices over the past three periods, with a slight increase in 2022 and a decrease in 2023. However, there has been some fluctuation in the percentage of invoices paid within 30 days and those paid later than 60 days, with the company showing an improvement in 2023 compared to the previous two periods. The shortest standard payment period has remained consistent at 7 days.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Standard payment terms are based on the number of days from date of invoice. The longest payment terms will be based on the number of days from the end of month the invoice received is dated.
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
60
Dispute Resolution Process
LBS Builders Merchants Ltd works actively with its whole supply chain to ensure disputes and queries are resolved at the earliest opportunity, this allows us to avoid any delay in payments to suppliers.
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