Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2024 - 31 Dec 2024 | 10 Jan 2025 | 39 | 30% | 60% | 10% | 2% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 40 | 27% | 63% | 10% | 2% |
| 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% |
This information is as reported by the business, and responses are in their own words.
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
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.
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.
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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.
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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
LBS Builders Merchants Limited, incorporated in 1931 and registered in Ammanford, is the entity behind the LBS Group, a builders' merchant supplying building materials, drainage, plumbing, roofing, doors and garden and landscaping products to trade and DIY customers across the UK. The group operates a branch network across South Wales alongside an online retail arm, UK Build Supplies, which trades via a dedicated website offering over 50,000 product lines with nationwide delivery. The wider group is described as one of the largest independent builders' merchants in the UK, employing several hundred staff and operating a delivery fleet. The company's core activity is the wholesale and retail supply of building and construction materials.
Generated from the company's website and Companies House records. Sources: ukbuildsupplies.com · ukbuildsupplies.com