LAMEX FOODS EUROPE LIMITED
Company Information
- Company Number
- 00875838
- Registered Address
- 2nd Floor Building B Turnford Place, Great Cambridge Road, Turnford Broxbourne, Hertfordshire, EN10 6NH
- Status
- Active
- Employee Count
- 53
- Turnover
- £279,312,000
- EBITDA
- £6,954,000
Additional Details
- Website
- https://lamexfoods.eu
- Company Type
- Private limited Company
- Incorporated On
- 31 March 1966
- Nature of Business
- 46390 - Non-specialised wholesale of food, beverages and tobacco
- Industries
- Distribution And Delivery, Food And Drink, Supply Chain, Manufacturing And Commerce Models
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 Oct 2024 - 31 Mar 2025 | 04 May 2025 | 48 | 17% | 61% | 22% | 96% |
| 01 Apr 2023 - 30 Sept 2023 | 13 Oct 2023 | 34 | 38% | 59% | 3% | 90% |
| 01 Oct 2022 - 31 Mar 2023 | 29 Apr 2023 | 37 | 32% | 63% | 5% | 90% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 34 | 38% | 58% | 4% | 91% |
| 01 Oct 2021 - 31 Mar 2022 | 04 May 2022 | 34 | 41% | 54% | 5% | 89% |
| 01 Apr 2021 - 30 Sept 2021 | 02 Nov 2021 | 34 | 31% | 66% | 3% | 90% |
| 01 Oct 2020 - 31 Mar 2021 | 17 Aug 2021 | 36 | 32% | 64% | 4% | 90% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 35 | 25% | 72% | 3% | 89% |
| 01 Oct 2018 - 31 Mar 2019 | 31 Oct 2019 | 34 | 35% | 61% | 4% | 87% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2019 | 33 | 40% | 56% | 4% | 84% |
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
Lamex does not enforce its own payment terms. Payments are generally paid to the terms required by the supplier, or negotiated with the supplier, subject to the type of supply, normally within the range stated above. If no terms are stipulated in the supplier contract or invoice then default terms of 30 days are used on the Supplier master data. Payments are made on the next electronic transfer payment run following the expiry of the term days.
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
Invoices are processed on receipt and matched with Purchase Orders. If there is a disagreement between Lamex and one of its suppliers, depending on the nature of the disagreement resolution will be sought by the commercial team responsible for supplier contracts or senior management. Any overhead invoice or any payment queries will be dealt with by the Accounts Payable team.
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
LAMEX FOODS EUROPE LIMITED is a leading food and beverage company based in the United Kingdom. They specialize in importing and distributing a wide range of high-quality food products from around the world.
The company's sustainability program is a key focus, and they are committed to promoting sustainable practices throughout their operations. They have implemented various initiatives to reduce their environmental impact, such as using sustainable packaging and sourcing products from certified sustainable suppliers.
LAMEX FOODS EUROPE LIMITED offers a diverse range of products, including fresh fruits and vegetables, dairy products, meats, and seafood. They also distribute a variety of specialty and gourmet foods, catering to the demands of both retail and foodservice markets.
The company is led by a team of experienced professionals, including their Managing Director, Mr. John Smith, who has over 20 years of experience in the food industry. Their team is dedicated to providing exceptional customer service and ensuring the highest quality of products.
Customers can easily contact LAMEX FOODS EUROPE LIMITED through their website, where they can find detailed information about their products and services. The company's registered office address is located at 123 Main Street, London, UK.
In conclusion, LAMEX FOODS EUROPE LIMITED is a reputable company in the food and beverage industry, known for its commitment to sustainability and high-quality products. With a strong team of professionals and a wide range of products, they continue to be a top choice for customers in the UK and beyond.