LYRECO UK LIMITED

PaymentCheck Score 2025
60Fair
4.3vs last year
#3126 in UK
#54 in Manufacturing
#160 in West Midlands

Company Information

Company Number
00442696
Registered Address
Deer Park Court, Donnington Wood, Telford, Shropshire, TF2 7NB
Status
Active
Employee Count
1,271
Turnover
£320,867,000
EBITDA
£11,901,000

Additional Details

Company Type
Private limited Company
Incorporated On
25 September 1947
Nature of Business
46660 - Wholesale of other office machinery and equipment
46900 - Non-specialised wholesale trade
Industries
Manufacturing
Region
West Midlands

Time to Pay

Average Time to Pay
42 days
Shortest Period:0 days
Longest Period:130 days
Max Contractual:145 days

Payment Timeline

Within 30 Days
30%
31-60 Days
55%
After 60 Days
15%
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: 2025-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202525 Jul 20254230%55%15%1%
01 Jul 2024 - 31 Dec 202411 Feb 20253936%50%14%1%
01 Jan 2024 - 30 Jun 202430 Jul 20243535%52%13%1%
01 Jul 2023 - 31 Dec 202324 Jan 20244625%53%22%8%
01 Jul 2022 - 31 Dec 202217 Mar 20235615%55%30%17%
01 Jan 2022 - 30 Jun 202229 Jul 20225022%54%24%9%
01 Jul 2021 - 31 Dec 202101 Mar 20224822%54%24%2%
01 Jan 2021 - 30 Jun 202116 Sept 20214918%53%29%1%
01 Jul 2020 - 31 Dec 202016 Sept 20215116%60%24%1%
01 Jan 2020 - 30 Jun 202030 Jul 20204918%46%36%1%
01 Jul 2019 - 31 Dec 201930 Jul 20205719%42%38%1%
01 Jul 2018 - 31 Dec 201821 Jan 20196210%41%49%1%
01 Jan 2018 - 30 Jun 201830 Jul 20185811%43%46%1%

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

Our standard payment terms for Trade purpose is 30 days End of Month and paid on the 10th of the following month for example an invoice dated in January would be paid on the 10th March. For overhead suppliers we generally have terms of 30 days

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

145

Dispute Resolution Process

Any invoice that is in query, for example a price or a quantity or quality issue, the invoice is initially put on HOLD while the variances are agreed and resolved.

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

LYRECO UK LIMITED is a leading provider of workplace supplies and services in the United Kingdom. The company was founded in 1926 and has been serving the needs of businesses of all sizes for over 90 years. Their headquarters are located in Telford, Shropshire and they have 10 distribution centers across the country.

The company offers a wide range of products and services, including office supplies, furniture, technology solutions, and facilities management services. They strive to provide high-quality products and services that meet the needs of their customers while also being environmentally responsible.

LYRECO UK LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a dedicated sustainability program that focuses on reducing waste, promoting recycling, and using eco-friendly products. They also offer a recycling service for their customers to properly dispose of used products.

Key people at LYRECO UK LIMITED include the Managing Director, Herve Milcent, who has been with the company for over 20 years, and the Director of Sustainability, James Vandermeer, who is responsible for driving the company's sustainability efforts.

To contact LYRECO UK LIMITED, customers can visit their website at www.lyreco.com or call their customer service hotline at 0845 767 6999. Their registered office address is Lyreco UK Limited, Unit 3, Juniper West, Fenton Way, Basildon, Essex, SS15 6SJ.

In summary, LYRECO UK LIMITED is a well-established company that provides a wide range of workplace supplies and services. They are committed to sustainability and offer eco-friendly products and recycling services. With their experienced leadership and dedication to customer satisfaction, they continue to be a top choice for businesses in the UK.

Financial Metrics

Cash
£82,000
Net Worth
£37,664,000
Total Current Assets
£78,667,000
Total Current Liabilities
£55,651,000

Company Location