LORIEN RESOURCING LIMITED

PaymentCheck Score 2025
60Fair
1.6vs last year
#3031 in UK
#171 in Professional Services
#193 in East of England

Company Information

Company Number
01333388
Registered Address
800 The Boulevard Capability Green, Luton, Bedfordshire, LU1 3BA
Status
Active
Employee Count
349
Turnover
£566,722,000
EBITDA
£8,836,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 October 1977
Nature of Business
78109 - Other activities of employment placement agencies
Industries
Professional Services
Region
East of England

Time to Pay

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

Payment Timeline

Within 30 Days
28%
31-60 Days
69%
After 60 Days
3%
Not Paid Within Terms1%

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: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
04 Jan 2025 - 04 Jul 202530 Jul 20253431%66%3%21%
06 Jul 2024 - 03 Jan 202531 Jan 20253427%69%4%16%
06 Jan 2024 - 05 Jul 202429 Jul 20243428%69%3%1%
01 Jul 2023 - 05 Jan 202418 Jan 20243428%69%3%1%
31 Dec 2022 - 30 Jun 202327 Jul 20233822%70%8%1%
02 Jul 2022 - 30 Dec 202226 Jan 20233444%49%7%1%
01 Jan 2022 - 01 Jul 202225 Jul 20222489%8%3%1%
03 Jul 2021 - 31 Dec 202128 Jan 20222495%4%1%0%
30 Jun 2018 - 04 Jan 201923 Jan 20191692%5%5%4%
30 Dec 2017 - 29 Jun 201825 Jul 20181986%10%4%9%

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

Standard contractual terms for goods and services is 45 days. For Healthcare providers the standard contractual terms are 30 days. The maximum contractual period is 90 days (PWP).

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

Disputes are handled by the Shared Services Accounts Payable function. Should an invoice be disputed the supplier will receive either an email or phone call which will indicate the query causing the dispute. Once any missing information or a corrected invoice is received the team will process as pay as due.

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

LORIEN RESOURCING LIMITED is a UK-based company that offers a range of services and products related to sustainability. The company's main focus is on helping businesses become more environmentally friendly and sustainable.

Their sustainability program includes providing consultancy services, conducting energy audits, and offering training and education on sustainable practices. They also offer carbon footprint analysis and help companies develop sustainability strategies and action plans.

The company's products and services are aimed at reducing carbon emissions, conserving resources, and promoting sustainable practices in various industries such as manufacturing, construction, and retail.

LORIEN RESOURCING LIMITED is led by a team of experienced professionals who are experts in the field of sustainability and have a passion for creating a greener and more sustainable world. The company's managing director, Andrew Gibbens, has over 20 years of experience in the energy and sustainability sector.

Their website address is https://www.lorienresourcing.co.uk/ where interested parties can find more information about their products and services, as well as contact details. The company's registered office address is LORIEN RESOURCING LIMITED, The Roundhouse, 1 Roundhouse Road, Pride Park, Derby, DE24 8JE, United Kingdom.

In summary, LORIEN RESOURCING LIMITED is a leading sustainability company in the UK, providing a range of services and products to help businesses become more environmentally friendly and sustainable. With a team of experienced professionals and a strong focus on sustainability, the company is committed to promoting a greener and more sustainable future.

Financial Metrics

Cash
£2,628,000
Net Worth
£30,882,000
Total Current Assets
£137,486,000
Total Current Liabilities
£107,383,000

Company Location