L.J. FAIRBURN AND SON LIMITED
Company Information
- Company Number
- 01182857
- Registered Address
- Ivy House Farm Office, Farlesthorpe Road Bilsby, Alford, Lincolnshire, LN13 9PL
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 September 1974
- Nature of Business
- 01110 - Growing of cereals (except rice), leguminous crops and oil seeds01470 - Raising of poultry10910 - Manufacture of prepared feeds for farm animals46330 - Wholesale of dairy products, eggs and edible oils and fats
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
L.J. FAIRBURN AND SON LIMITED exhibits an average payment time of 37 days, indicating a consistent trend of settling invoices just beyond standard 30-day terms. The majority of payments, 51%, fall within the 31-60 day window, establishing this as their most common payment speed. This pattern suggests a predictable trajectory of payments within a two-month timeframe.
Volatility Analysis
While most payments are received within 60 days, 15% are noted as late, with 12% specifically extending beyond the 60-day mark. This minority introduces a moderate level of unpredictability and an elevated risk for consistent cash flow on some transactions. Suppliers should be aware of this potential for delays, impacting the overall reliability of payment speed for a portion of invoices.
Summary Analysis
Suppliers can generally expect L.J. FAIRBURN AND SON LIMITED to pay within 31-60 days, which should be factored into cash flow projections. However, the 15% late payment rate and 12% extending over 60 days necessitate risk mitigation strategies. Consider clear credit terms, proactive follow-up for overdue invoices, or potentially offering early payment incentives to manage potential delays effectively.
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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 37 | 37% | 51% | 12% | 15% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 39 | 36% | 53% | 11% | 13% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 38 | 32% | 55% | 13% | 18% |
| 01 Oct 2023 - 31 Mar 2024 | 25 Apr 2024 | 41 | 31% | 55% | 14% | 21% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 42 | 28% | 55% | 17% | 19% |
| 01 Oct 2022 - 31 Mar 2023 | 17 Apr 2023 | 43 | 26% | 54% | 20% | 19% |
| 01 Apr 2022 - 30 Sept 2022 | 21 Oct 2022 | 40 | 26% | 58% | 16% | 23% |
| 01 Oct 2021 - 31 Mar 2022 | 14 Apr 2022 | 41 | 27% | 56% | 17% | 21% |
| 01 Apr 2021 - 30 Sept 2021 | 19 Oct 2021 | 41 | 26% | 57% | 17% | 21% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 41 | 25% | 57% | 18% | 22% |
| 01 Apr 2020 - 30 Sept 2020 | 21 Oct 2020 | 42 | 25% | 57% | 18% | 22% |
| 01 Oct 2019 - 31 Mar 2020 | 28 Apr 2020 | 41 | 26% | 57% | 17% | 20% |
| 01 Apr 2019 - 30 Sept 2019 | 21 Oct 2019 | 43 | 21% | 61% | 18% | 21% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 44 | 22% | 58% | 20% | 24% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 44 | 22% | 59% | 19% | 22% |
| 01 Oct 2017 - 31 Mar 2018 | 27 Apr 2018 | 44 | 24% | 53% | 23% | 25% |
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
Payments are run on a weekly basis. The most frequently used is 30 days after week of delivery. The second most frequently used is the payment run on the second Friday of the month, in the second month after invoice date.
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
60
Dispute Resolution Process
If an invoice is in dispute we contact the supplier to query and discuss the invoice. If credit is due, the invoice is held until credit is received.
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
L.J
FAIRBURN AND SON LIMITED is an active private limited company
The company operates under a name that suggests a family-run enterprise
The company was incorporated on 3 September 1974 and holds company number 01182857
Its operations are based in the East Midlands, with its registered office located at Ivy House Farm Office, Farlesthorpe Road Bilsby, Alford, Lincolnshire, LN13 9PL
Private limited companies with family-oriented trading names in the UK typically provide a diverse range of goods and services
These commonly include activities within traditional trades such as construction or specialised services, agricultural operations, or local transport and logistics
Such businesses often serve local or regional clientele
