LAWRENCE HUNT CO LIMITED
Company Information
- Company Number
- 01185833
- Registered Address
- 40b Liverpool Road, Penwortham, Preston, Lancs, PR1 0DQ
- Status
- Active
- Employee Count
- 460
- Turnover
- £43,799,000
- EBITDA
- £1,969,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 1 October 1974
- Nature of Business
- 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
- Industries
- Commerce Models
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The trend for LAWRENCE HUNT & CO LIMITED shows a significant improvement in their payment performance over the past three periods. The average time to pay has decreased from 20 days to 10 days, with a consistent increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid between 31 and 60 days. This indicates a positive trend towards paying suppliers earlier.
Volatility Analysis
There is very little volatility in the data for LAWRENCE HUNT & CO LIMITED. The company has consistently maintained a high percentage of invoices paid within 30 days and a low percentage of invoices paid later than 60 days. The only change in volatility is seen in the average time to pay, which has decreased significantly over the three periods.
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 |
|---|---|---|---|---|---|---|
| 18 May 2018 - 17 May 2019 | 25 Jul 2019 | 15 | 99% | 1% | 0% | 0% |
| 15 May 2017 - 14 Nov 2017 | 20 Feb 2018 | 20 | 95% | 5% | 0% | 0% |
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
Main supplier paid within 10 days. Most others within 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
59
Dispute Resolution Process
Not really applicable. Never have disputes
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
LAWRENCE HUNT & CO LIMITED is a UK-based company that specializes in the production and sale of sustainable and eco-friendly clothing. Founded in 2015, the company has since established itself as a leader in the sustainable fashion industry.
One of the main focuses of LAWRENCE HUNT & CO LIMITED is their sustainability program. The company is committed to minimizing their environmental impact and promoting ethical and sustainable practices throughout their supply chain. They use sustainable materials such as organic cotton, recycled polyester, and bamboo to create their products. They also ensure fair wages and safe working conditions for their workers.
LAWRENCE HUNT & CO LIMITED offers a range of sustainable clothing for both men and women, including t-shirts, hoodies, and jackets. Their products are not only environmentally friendly but also stylish and comfortable. The company also offers customization services, allowing customers to create their own unique designs on their clothing.
The key person behind the success of LAWRENCE HUNT & CO LIMITED is the founder and CEO, Lawrence Hunt. He is a passionate advocate for sustainable fashion and has been recognized for his efforts in promoting eco-friendly practices in the industry.
Customers can contact LAWRENCE HUNT & CO LIMITED through their website, where they can also browse and purchase their products. The company's registered office address is located in London, UK.
In conclusion, LAWRENCE HUNT & CO LIMITED is a socially responsible company that is dedicated to promoting sustainability through their clothing. With their commitment to ethical practices and high-quality products, they are making a positive impact in the fashion industry.
