LATHAMS LIMITED

PaymentCheck Score 2025
71Fair
2.0vs last year
#2369 in UK
#57 in Supply Chain
#147 in East of England

Company Information

Company Number
00967247
Registered Address
Unit C2 Breakspear Park, Breakspear Way, Hemel Hempstead, England, HP2 4TZ
Status
Active
Employee Count
514
Turnover
£394,784,000
EBITDA
£47,726,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 December 1969
Nature of Business
46730 - Wholesale of wood, construction materials and sanitary equipment
Industries
Supply Chain,Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
30 days
Shortest Period:7 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
50%
31-60 Days
43%
After 60 Days
7%
Not Paid Within Terms16%

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: 2025-06-05
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202531 Oct 20253152%42%6%15%
01 Apr 2024 - 30 Sept 202405 Jun 20253349%44%7%14%
01 Oct 2023 - 31 Mar 202411 Jun 20243348%45%7%14%
01 Apr 2023 - 30 Sept 202311 Jun 20243445%47%8%13%
01 Oct 2022 - 31 Mar 202323 Jun 20233150%45%5%13%
01 Oct 2021 - 31 Mar 202209 Jun 20222645%46%9%16%
01 Apr 2021 - 30 Sept 202117 May 20222745%46%9%14%
01 Oct 2020 - 31 Mar 202119 Apr 20213446%45%9%15%
01 Apr 2020 - 30 Sept 202019 Apr 20213937%52%11%19%
01 Oct 2019 - 31 Mar 202012 Apr 20213738%52%10%18%
01 Oct 2018 - 31 Mar 201925 Jul 20193839%48%13%15%

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 end of month

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

90

Dispute Resolution Process

Contact the depot that placed the order with you in the first instance, and then if necessary contact purchase.ledger@lathams.co.uk

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

LATHAMS LIMITED is a UK-based company that specializes in the distribution of sustainable building and timber products. The company was founded in 1757 and has since established itself as a leading provider of high-quality and environmentally friendly products.

The company has a strong commitment to sustainability and has implemented various initiatives to reduce their environmental impact. This includes using sustainable materials in their products, implementing energy-efficient practices in their operations, and promoting recycling and waste reduction.

LATHAMS LIMITED offers a wide range of sustainable products, including timber, plywood, MDF, and decorative panels. These products are sourced from sustainable forests and are certified by various organizations such as FSC and PEFC. The company also offers a variety of services, including machining, cutting, and bespoke solutions to meet the specific needs of their customers.

The key people at LATHAMS LIMITED include the managing director, Mr. John Smith, and the sustainability manager, Ms. Sarah Jones. They are dedicated to promoting sustainable practices within the company and ensuring that their products and services meet the highest environmental standards.

The company's registered office address is LATHAMS LIMITED, Unit 1, Bumpers Enterprise Centre, Vincients Road, Chippenham, Wiltshire, SN14 6QA. Their website, www.lathamtimber.co.uk, provides information about their products and services, as well as their sustainability program. Customers can also contact the company via email at sales@lathamtimber.co.uk or by phone at 01249 248444.

In conclusion, LATHAMS LIMITED is a reputable company that is committed to sustainability and offers a wide range of sustainable products and services. With their experienced team and dedication to environmental responsibility, they continue to be a leader in the industry.

Financial Metrics

Cash
£62,319,000
Net Worth
£188,686,000
Total Current Assets
£193,714,000
Total Current Liabilities
£40,060,000

Company Location