Industry ranking
| 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 Jul 2025 - 03 Jan 2026 | 18 Mar 2026 | 33 | 35% | 49% | 16% | 16% |
| 01 Jan 2025 - 30 Jun 2025 | 17 Oct 2025 | 42 | 18% | 69% | 13% | 14% |
| 01 Jul 2024 - 31 Dec 2024 | 11 Mar 2025 | 46 | 13% | 71% | 16% | 11% |
| 01 Jan 2024 - 30 Jun 2024 | 06 Aug 2024 | 45 | 14% | 72% | 15% | 1% |
| 01 Jul 2023 - 31 Dec 2023 | 14 Feb 2024 | 45 | 17% | 62% | 20% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 09 Aug 2023 | 42 | 19% | 70% | 11% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 07 Feb 2023 | 44 | 18% | 66% | 16% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 10 Aug 2022 | 44 | 18% | 67% | 15% | 22% |
| 01 Jul 2021 - 31 Dec 2021 | 15 Mar 2022 | 47 | 16% | 62% | 22% | 22% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 41 | 19% | 62% | 20% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 04 Mar 2021 | 48 | 14% | 63% | 24% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 20 Jul 2020 | 41 | 23% | 61% | 16% | 27% |
| 01 Jul 2019 - 31 Dec 2019 | 27 Jan 2020 | 45 | 13% | 72% | 15% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 44 | 14% | 71% | 15% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 45 | 12% | 70% | 19% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 13 Jul 2018 | 49 | 7% | 73% | 20% | 13% |
This information is as reported by the business, and responses are in their own words.
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
Contact made with supplier by purchasing department who either raise a debit note for the disputed amount or await a credit note from supplier.
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
Lincat Limited is based in Lincoln and manufactures commercial catering equipment. It describes itself as the UK's largest commercial catering equipment manufacturer, exporting to over 85 countries and producing appliances within Britain. Its product range covers cooking, holding and display equipment, including fryers, ovens, ranges, grills, griddles, bains marie, hot cupboards, water boilers, refrigeration, bar systems and kitchen ventilation. The company trades using several brands alongside its own name, including CiBO+, FriFri, Britannia and IMC, covering areas such as high-speed ventless ovens, fryers, kitchen ventilation and food preparation, waste management and refrigeration equipment. Customers include cafes, restaurants, hospitals, care homes, education, forecourts and hospitality venues. Its registered SIC code covers other manufacturing not elsewhere classified.
Generated from the company's website and Companies House records. Sources: lincat.co.uk · lincat.co.uk