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 2025 - 31 Dec 2025 | 29 Jan 2026 | 29 | 53% | 40% | 7% | 29% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 35 | 52% | 42% | 6% | 30% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 25 | 67% | 28% | 6% | 28% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 23 | 72% | 27% | 1% | 28% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 21 | 76% | 22% | 2% | 31% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 21 | 77% | 21% | 2% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 21 Jul 2022 | 21 | 76% | 23% | 1% | 25% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 22 | 77% | 22% | 2% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 29 | 64% | 33% | 3% | 36% |
| 01 Jul 2020 - 31 Dec 2020 | 01 Feb 2021 | 22 | 77% | 22% | 1% | 26% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 29 | 64% | 34% | 2% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 22 | 70% | 29% | 1% | 23% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 29 | 63% | 36% | 1% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Lubrizol Limited standard payment terms for purchases of goods and services are net 45 days from the date of invoice.
Were there any changes to the standard payment terms in the reporting period?
Standard terms have moved from End of month following month of invoice' to 'net 45' this has moved from an average of 45 days to a standard of 45 days
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Any dispute will involve ascertaining the facts and primary issue, the implementing a resolution that is mutually acceptable, if required.
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
Lubrizol Limited is a UK-registered private company incorporated in 1963, with its registered office in Derbyshire. Companies House records its nature of business under manufacture of other chemical products not elsewhere classified. Its officers include individuals based in the UK, Belgium and the United States, consistent with it operating as part of a wider international chemical group. The entity itself is registered as a manufacturing company within the specialty chemicals sector rather than a standalone consumer brand. No further detail on specific products or trading activity is available from the supplied evidence, but the SIC classification confirms its role within chemical manufacture rather than distribution or retail.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · find-and-update.company-information.service.gov.uk