LINX PRINTING TECHNOLOGIES LIMITED

PaymentCheck Score 2020
20Very Poor
New Entry
#4864 in UK
#188 in Manufacturing
#338 in East of England

Company Information

Company Number
02066629
Registered Address
Linx House 8 Stocks Bridge Way, Compass Point Business Park, St Ives, Cambridgeshire, PE27 5JL
Status
Active
Employee Count
265
Turnover
£102,754,000
EBITDA
£30,637,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 October 1986
Nature of Business
28990 - Manufacture of other special-purpose machinery not elsewhere classified
Industries
Manufacturing
Region
East of England

Time to Pay

Average Time to Pay
70 days
Shortest Period:30 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
9%
31-60 Days
21%
After 60 Days
70%
Not Paid Within Terms51%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2021-04-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2020 - 31 Dec 202027 Apr 2021709%21%70%51%
01 Jan 2020 - 30 Jun 202011 Aug 20207411%24%65%96%
01 Jul 2019 - 31 Dec 201914 Feb 20207112%26%62%87%
01 Jul 2018 - 31 Dec 201814 Feb 20197215%32%53%81%
01 Jan 2018 - 30 Jun 201825 Jul 20187127%26%47%82%

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

Linx does not have standard terms. When a supplier is engaged payments are subject to negotiation. Linx is part of a large US corporation which uses common suppliers, so we are often able to leverage payment terms agreed with our parent company For large suppliers of raw materials who are often overseas suppliers we typically have terms of 60 to 90 days. With smaller suppliers and providers of labour services it is 30 days or less.

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

90

Dispute Resolution Process

Linx purchasing department initially negotiates terms with suppliers and any subsequent negotiations or 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

LINX PRINTING TECHNOLOGIES LIMITED is a leading manufacturer of coding and marking solutions for various industries. The company was founded in 1987 and is headquartered in St. Ives, Cambridgeshire, United Kingdom.

The company offers a wide range of products and services, including small character inkjet printers, laser coders, thermal transfer printers, and label printers. These solutions are used for printing batch numbers, expiration dates, and other important information on products and packaging.

LINX PRINTING TECHNOLOGIES LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using eco-friendly materials in their products, minimizing waste and energy consumption, and promoting recycling and responsible disposal practices.

The key people at LINX PRINTING TECHNOLOGIES LIMITED include Tony Jones, the Managing Director, and Andy Willis, the Sales and Marketing Director. They are supported by a team of experienced engineers and technicians who provide excellent customer service and support.

The company has a global presence, with offices and distributors in over 100 countries. Their website, www.linxglobal.com, provides detailed information about their products, services, and sustainability efforts. The registered office address is Linx Printing Technologies Ltd, Burrel Road, St. Ives, Cambridgeshire PE27 3LA, United Kingdom.

In summary, LINX PRINTING TECHNOLOGIES LIMITED is a reputable company that offers sustainable coding and marking solutions to various industries. With a commitment to innovation, quality, and sustainability, they continue to be a leader in the printing technology industry.

Financial Metrics

Cash
£27,794,000
Net Worth
£48,706,000
Total Current Assets
£50,690,000
Total Current Liabilities
£17,161,000

Company Location