LINDUM GROUP LIMITED

PaymentCheck Score 2025
61Fair
1.4vs last year
#3071 in UK
#236 in Property
#121 in East Midlands

Company Information

Company Number
01236338
Registered Address
Lindum Business Park, Station Road, North Hykeham, Lincoln, Lincolnshire, LN6 3QX
Status
Active
Employee Count
633
Turnover
£198,804,000
EBITDA
£11,712,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 December 1975
Nature of Business
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
Industries
Property, Infrastructure And Construction, Supply Chain, Manufacturing And Commerce Models
Region
East Midlands

Time to Pay

Average Time to Pay
37 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
23%
31-60 Days
74%
After 60 Days
3%
Not Paid Within Terms5%

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: 2024-12-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202525 Jun 20253625%72%3%4%
01 Jun 2024 - 30 Nov 202417 Dec 20243723%74%3%5%
01 Dec 2023 - 31 May 202428 Jun 20243722%74%4%4%
01 Jun 2023 - 30 Nov 202322 Dec 20233922%74%4%6%
01 Dec 2022 - 31 May 202323 Jun 20233822%73%5%6%
01 Dec 2021 - 31 May 202230 Jun 20223819%76%5%12%
01 Jun 2021 - 30 Nov 202123 Dec 20213817%78%5%7%
01 Dec 2020 - 31 May 202105 Jul 20213916%79%5%9%
01 Jun 2020 - 30 Nov 202019 Jan 20213820%75%5%11%
01 Dec 2019 - 31 May 202011 Sept 20203914%68%17%10%
01 Jun 2019 - 30 Nov 201927 Feb 20203722%67%11%16%
01 Dec 2018 - 31 May 201930 Jun 20193918%67%15%13%

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

Suppliers: Net Monthly or End of Month following tax point of Invoice Subcontractors: Standard JCT contract terms (typically 38 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

Suppliers: Material Deliveries: If there is no record of delivery being made, accounts dept. request proof of delivery Incorrect Price: Buyers will contact supplier to resolve any price discrepancies Subcontractors: Project QS will liaise with the subcontractor to resolve any disputes Once the dispute has been resolved, any payment will be made on the next weekly payment run

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

LINDUM GROUP LIMITED is a construction and development company based in the United Kingdom. The company was founded in 1956 and has since grown to become a leading player in the industry.

The company's core activities include construction, property development, civil engineering, and plant hire services. They specialize in various sectors such as housing, commercial, education, healthcare, and leisure. Their portfolio includes a wide range of projects from small-scale developments to large, complex schemes.

LINDUM GROUP LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have achieved ISO 14001 certification for their environmental management system and have a dedicated sustainability team to drive their efforts. The company also promotes sustainable practices to their clients and suppliers.

In terms of products and services, LINDUM GROUP LIMITED offers a comprehensive range of solutions to meet their clients' needs. They provide a full construction service, from planning and design to construction and maintenance. They also have a dedicated plant hire division that offers a wide range of equipment for hire. Additionally, the company has a property development arm that delivers high-quality, sustainable developments.

The key people at LINDUM GROUP LIMITED include David Chambers, the Managing Director, and Simon Gregory, the Chairman. They are supported by a team of experienced professionals who are committed to delivering quality projects and services.

The company's website is www.lindumgroup.com, where interested parties can find more information about their projects, services, and sustainability efforts. The registered office address is Lindum House, Station Road, North Hykeham, Lincoln, LN6 3QX, United Kingdom.

In conclusion, LINDUM GROUP LIMITED is a reputable construction and development company with a strong commitment to sustainability. With a wide range of services, experienced leadership, and a focus on environmental responsibility, they continue to be a leader in their industry.

Financial Metrics

Cash
£55,969,684
Net Worth
£59,428,269
Total Current Assets
£103,183,330
Total Current Liabilities
£63,321,274

Company Location