LINCAT LIMITED

PaymentCheck Score 2025
52Fair
#3525 in UK
#46 in Food And Drink
#145 in East Midlands

Company Information

Company Number
02175448
Registered Address
Whisby Road, Lincoln, LN6 3QZ
Status
Active
Employee Count
242
Turnover
£51,748,000
EBITDA
£16,744,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 October 1987
Nature of Business
32990 - Other manufacturing not elsewhere classified
Industries
Food And Drink
Region
East Midlands

Time to Pay

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

Payment Timeline

Within 30 Days
14%
31-60 Days
72%
After 60 Days
15%
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: 2024-08-06
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202517 Oct 20254218%69%13%14%
01 Jul 2023 - 31 Dec 202314 Feb 20244517%62%20%1%
01 Jan 2023 - 30 Jun 202309 Aug 20234219%70%11%1%
01 Jul 2022 - 31 Dec 202207 Feb 20234418%66%16%8%
01 Jan 2022 - 30 Jun 202210 Aug 20224418%67%15%22%
01 Jul 2021 - 31 Dec 202115 Mar 20224716%62%22%22%
01 Jul 2020 - 31 Dec 202004 Mar 20214814%63%24%20%
01 Jul 2019 - 31 Dec 201927 Jan 20204513%72%15%11%
01 Jan 2019 - 30 Jun 201922 Jul 20194414%71%15%11%
01 Jul 2018 - 31 Dec 201817 Jan 20194512%70%19%6%

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 net monthly plus 10 days

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

Contact made with supplier by purchasing dept who either raise a debit note for the disputed amount or await credit note from supplier.

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

Lincat Limited is a UK-based company that specializes in the manufacturing of commercial catering equipment. Since its establishment in 1971, the company has become a leading supplier of high-quality and innovative products to the foodservice industry.

The company's sustainability program is a key aspect of its operations, with a strong commitment to reducing its environmental impact. Lincat Limited has implemented various initiatives such as using sustainable materials in their products, reducing energy consumption in their factories, and promoting recycling and waste reduction.

Lincat Limited offers a wide range of products including cooking equipment, refrigeration, beverage machines, and food display units. Their products are known for their durability, reliability, and energy efficiency, making them a popular choice among businesses in the foodservice industry.

The company is led by a team of experienced and dedicated individuals, including Managing Director Nick McDonald and Sales and Marketing Director Peter Galliford. Together, they have driven the company's growth and success, ensuring that Lincat Limited remains at the forefront of the industry.

For any inquiries or orders, customers can contact Lincat Limited through their website or by visiting their registered office at Whisby Road, Lincoln, Lincolnshire, LN6 3QZ. The company's website also provides detailed information about their products, services, and sustainability efforts. Lincat Limited continues to strive towards providing top-quality products and services while maintaining a strong focus on sustainability.

Financial Metrics

Cash
£1,427,000
Net Worth
£26,644,000
Total Current Assets
£38,837,000
Total Current Liabilities
£15,628,000

Company Location