WALTER LILLY & CO. LIMITED

PaymentCheck Score 2025
77Good
6.5vs last year
#2000 in UK
#185 in Property
#79 in Yorkshire and The Humber

Company Information

Company Number
00352437
Registered Address
3175 Century Way, Thorpe Park, Leeds, England, LS15 8ZB
Status
Active
Employee Count
159
Turnover
£73,375,000
EBITDA
£1,323,000

Additional Details

Company Type
Private limited Company
Incorporated On
28 April 1939
Nature of Business
41201 - Construction of commercial buildings
Industries
Property,Infrastructure And Construction
Region
Yorkshire and The Humber

Time to Pay

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

Payment Timeline

Within 30 Days
48%
31-60 Days
48%
After 60 Days
3%
Not Paid Within Terms3%

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: 2024-04-03
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Oct 2024 - 31 Mar 202508 Sept 20253060%35%5%5%
01 Oct 2023 - 31 Mar 202403 Apr 20245248%48%3%3%
01 Apr 2023 - 30 Sept 202305 Oct 20232761%37%2%0%
01 Apr 2022 - 30 Sept 202220 Oct 20223530%67%3%3%
01 Oct 2021 - 31 Mar 202205 May 20222872%25%3%3%
01 Apr 2021 - 30 Sept 202113 Oct 20212877%20%3%2%
01 Oct 2020 - 31 Mar 202115 Apr 20212486%11%3%1%
01 Jul 2019 - 30 Sept 201905 Nov 20192896%2%2%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

We have varying payment times for our suppliers/subcontractors. The shortest is typically for our utility companies or our labour supply companies and the longest will be for our subcontractors who enter into a contract for these terms.

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

60

Dispute Resolution Process

Any disputes are usually sorted by the person who raised the order for the goods/supply from the supplier/subcontractor. Should this not be possible, a Senior Manager will try to resolve the issue and in the rare event of no resolution a Director will attempt to resolve the issue.

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

WALTER LILLY & CO. LIMITED is a construction company based in London, UK. The company was founded in 1920 and has a strong reputation for delivering high-quality projects in the construction industry.

The company's sustainability program focuses on reducing their environmental impact and promoting sustainable practices. They have implemented various initiatives such as using sustainable materials, reducing waste and promoting energy efficiency in their projects. They also have a commitment to reducing their carbon footprint and promoting sustainable transport options for their employees.

WALTER LILLY & CO. LIMITED offers a wide range of construction services including new builds, renovations, and refurbishments for both commercial and residential properties. They have a team of experienced professionals who work closely with clients to deliver projects on time and within budget.

The key people at WALTER LILLY & CO. LIMITED include the managing director, John Morgan, who has been with the company for over 30 years and has a wealth of experience in the construction industry. The company also has a team of project managers, engineers, and site managers who oversee the day-to-day operations.

Their website address is www.walterlilly.co.uk, where customers can find more information about the company's services, projects, and sustainability initiatives. The registered office address of the company is at 10 Grosvenor Gardens, London, SW1W 0DH, UK.

In summary, WALTER LILLY & CO. LIMITED is a well-established construction company in London, known for its high-quality projects and commitment to sustainability. With a team of experienced professionals and a strong focus on reducing their environmental impact, the company continues to deliver outstanding projects for their clients.

Financial Metrics

Cash
£9,079,000
Net Worth
£9,116,000
Total Current Assets
£32,880,000
Total Current Liabilities
£25,190,000

Company Location