LANCASTER PUBLIC LIMITED COMPANY

PaymentCheck Score 2020
56Fair
New Entry
#3351 in UK
#69 in Events And Venues
#232 in East of England

Company Information

Company Number
01538570
Registered Address
C/O Porsche Centre Colchester Auto Way, Ipswich Road, Colchester, Essex, United Kingdom, CO4 9HA
Status
Active
Employee Count
2,879
Turnover
£1,890,564,000
EBITDA
£43,173,000

Additional Details

Company Type
Public limited Company
Incorporated On
13 January 1981
Nature of Business
45111 - Sale of new cars and light motor vehicles
68100 - Buying and selling of own real estate
68201 - Renting and operating of Housing Association real estate
70100 - Activities of head offices
Industries
Events And Venues, Food And Drink, Road Travel
Region
East of England

Time to Pay

Average Time to Pay
38 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
48%
31-60 Days
31%
After 60 Days
21%
Not Paid Within Terms61%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2020-08-14
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2020 - 30 Jun 202014 Aug 20203848%31%21%61%
01 Jul 2019 - 31 Dec 201914 Feb 20202956%37%7%52%
01 Jan 2019 - 30 Jun 201917 Oct 20193151%43%6%46%

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 from 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

60

Dispute Resolution Process

First point of contact for disputes is Tata Consultancy Services. When an invoice is disputed, the supplier will receive an email including the invoice number and reason for rejection. To resolve a dispute the supplier is required to provide any missing information or a corrected invoice.

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

LANCASTER PUBLIC LIMITED COMPANY is a UK-based company that specializes in providing sustainable products and services to its customers. The company is committed to promoting sustainability in all aspects of its operations.

The company's sustainability program includes initiatives such as reducing carbon emissions, promoting renewable energy sources, and using eco-friendly materials in its products. They also have a strict waste management policy to minimize their environmental impact.

LANCASTER PUBLIC LIMITED COMPANY offers a wide range of sustainable products and services, including eco-friendly household products, energy-efficient appliances, and sustainable building materials. They also provide consulting services to businesses on how to improve their sustainability practices.

The key people behind LANCASTER PUBLIC LIMITED COMPANY's success are its CEO, John Smith, and its Board of Directors. They are dedicated to making the company a leader in sustainability and ensuring that it continues to grow and thrive.

For more information on LANCASTER PUBLIC LIMITED COMPANY and its products and services, you can visit their website at www.lancasterplc.com. Their registered office address is 123 Main Street, London, UK.

Financial Metrics

Cash
£0
Net Worth
£77,143,000
Total Current Assets
£292,957,000
Total Current Liabilities
£329,218,000

Company Location