LOMBARD NORTH CENTRAL PUBLIC LIMITED COMPANY

PaymentCheck Score 2024
100Excellent
0.2vs last year
#91 in UK
#43 in London

Company Information

Company Number
00337004
Registered Address
250 Bishopsgate, London, England, EC2M 4AA
Status
Active
Employee Count
363
Turnover
£323,000,000
EBITDA
£179,000,000

Additional Details

Company Type
Public limited Company
Incorporated On
19 February 1938
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
5 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
99%
31-60 Days
0%
After 60 Days
1%
Not Paid Within Terms1%

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: 2025-01-23
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 202423 Jan 2025599%0%1%1%
01 Jan 2024 - 30 Jun 202424 Jul 20244100%0%0%0%
01 Jul 2023 - 31 Dec 202325 Jan 20244100%0%0%0%
01 Jan 2023 - 30 Jun 202327 Jul 20235100%0%0%0%
01 Jul 2022 - 31 Dec 202225 Jan 20234100%0%0%0%
01 Jul 2021 - 31 Dec 202121 Jan 2022798%0%2%2%
01 Jan 2021 - 30 Jun 202129 Jul 2021699%1%0%1%
01 Jan 2020 - 30 Jun 202028 Jul 20205100%0%0%0%
01 Jan 2019 - 28 Jun 201929 Jul 20194100%0%0%0%
01 Jul 2018 - 31 Dec 201831 Jan 20195100%0%0%0%
01 Jan 2018 - 30 Jun 201830 Jul 20185100%0%0%0%

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

30 Days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

NA

Maximum contractual payment period agreed

60

Dispute Resolution Process

The Business completes the Account Payables Dispute Process form, the business advice the supplier that the invoice will be returned unpaid to them. Once the dispute is resolved, they will be required to submit a new invoice

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

Lombard North Central Public Limited Company is a leading provider of asset finance solutions in the UK. They offer a variety of financial products and services to help businesses and individuals finance their assets.

Their sustainability program focuses on responsible lending and investing practices, as well as reducing their environmental impact. They have implemented measures such as using renewable energy sources, reducing paper usage, and promoting sustainable transportation methods.

Their product portfolio includes leasing, hire purchase, and loan options for a wide range of assets including vehicles, equipment, and technology. They also offer invoice discounting and factoring services to help businesses manage their cash flow.

The key people at Lombard North Central Public Limited Company include their CEO, Douglas Smith, and their Managing Director, David Oldfield. They have a team of experienced professionals who work closely with their clients to provide tailored solutions.

Their registered office address is 1 Wythall Green Way, Wythall, Birmingham B47 6WG, and their website address is www.lombard.co.uk. They can also be contacted via phone at 0800 502 402 or email at info@lombard.co.uk.

Overall, Lombard North Central Public Limited Company is a reputable and socially responsible company, offering a range of financial solutions while also prioritizing sustainability. Their commitment to responsible practices and quality services makes them a trusted partner for businesses and individuals in the UK.

Financial Metrics

Cash
£50,000,000
Net Worth
£229,000,000
Total Current Assets
£6,308,000,000
Total Current Liabilities
£6,967,000,000

Company Location