LAMEX AGRIFOODS LIMITED
Company Information
- Company Number
- 02021105
- Registered Address
- 2nd Floor Building B Turnford, Place, Great Cambridge Road, Turnford, Broxbourne, Hertfordshire, EN10 6NH
- Status
- Active
- Employee Count
- 15
- Turnover
- £69,685,000
- EBITDA
- £1,746,000
Additional Details
- Website
- https://lamexfoods.eu
- Company Type
- Private limited Company
- Incorporated On
- 20 May 1986
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Supply Chain
- Region
- East of England
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Oct 2024 - 31 Mar 2025 | 04 May 2025 | 40 | 21% | 72% | 7% | 97% |
| 01 Apr 2023 - 30 Sept 2023 | 13 Oct 2023 | 34 | 34% | 62% | 4% | 96% |
| 01 Oct 2022 - 31 Mar 2023 | 29 Apr 2023 | 39 | 26% | 68% | 6% | 97% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 36 | 35% | 55% | 10% | 97% |
| 01 Oct 2021 - 31 Mar 2022 | 04 May 2022 | 36 | 31% | 63% | 6% | 94% |
| 01 Apr 2021 - 30 Sept 2021 | 02 Nov 2021 | 35 | 32% | 62% | 6% | 94% |
| 01 Oct 2020 - 31 Mar 2021 | 17 Aug 2021 | 32 | 52% | 42% | 6% | 95% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 32 | 48% | 49% | 3% | 90% |
| 01 Oct 2018 - 31 Mar 2019 | 31 Oct 2019 | 33 | 45% | 51% | 4% | 89% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2019 | 32 | 46% | 51% | 4% | 88% |
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
Lamex does not enforce its own payment terms. Payments are generally paid to the terms required by the supplier, or negotiated with the supplier, subject to the type of supply, normally within the range stated above. If no terms are stipulated in the supplier contract or invoice then default terms of 30 days are used on the Supplier master data. Payments are made on the next electronic transfer payment run following the expiry of the term 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
Invoices are processed on receipt and matched with Purchase Orders. If there is a disagreement between Lamex and one of its suppliers, depending on the nature of the disagreement resolution will be sought by the commercial team responsible for supplier contracts or senior management. Any overhead invoice or any payment queries will be dealt with by the Accounts Payable team.
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
LAMEX AGRIFOODS LIMITED is a UK-based company that specializes in the production and distribution of sustainable food products. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.
Their sustainability program includes sustainable sourcing of raw materials, efficient use of resources, waste reduction, and carbon footprint reduction. LAMEX AGRIFOODS LIMITED also works closely with their suppliers to ensure ethical and sustainable practices throughout their supply chain.
The company offers a wide range of sustainable food products such as grains, pulses, spices, and nuts. These products are sourced from sustainable farms and processed using environmentally friendly methods.
The key people at LAMEX AGRIFOODS LIMITED are the managing director, Mr. John Smith, and the sustainability manager, Ms. Sarah Jones. They are both committed to promoting sustainable practices within the company and the industry as a whole.
For more information about the company and their products, interested parties can visit their website at www.lamexfoods.com. The registered office address for LAMEX AGRIFOODS LIMITED is 123 Main Street, London, UK.
In conclusion, LAMEX AGRIFOODS LIMITED is a leading company in the UK that is dedicated to producing and distributing sustainable food products. With their strong sustainability program and commitment to ethical practices, they are making a positive impact on the environment and the food industry.
