LUCECO UK LIMITED
Company Information
- Company Number
- 02255270
- Registered Address
- Building E Stafford Park 1, Stafford Park, Telford, Shropshire, TF3 3BD
- Status
- Active
- Employee Count
- 269.0
- Turnover
- 130693000.0
- EBITDA
- 18233000.0
Additional Details
- Website
- https://masterplug.com
- Company Type
- Private limited Company
- Incorporated On
- 10 May 1988
- Nature of Business
- 46439 - Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
- Industries
- Property,Infrastructure And Construction
- Region
- West Midlands
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jan 2023 - 30 Jun 2023 | 30 Aug 2023 | 49 | 23% | 48% | 29% | 55% |
| 01 Jul 2022 - 31 Dec 2022 | 10 Feb 2023 | 42 | 31% | 47% | 22% | 45% |
| 01 Jan 2022 - 30 Jun 2022 | 16 Sept 2022 | 50 | 23% | 48% | 29% | 53% |
| 01 Oct 2021 - 31 Dec 2021 | 03 Feb 2022 | 48 | 23% | 48% | 29% | 48% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 46 | 25% | 48% | 27% | 46% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 48 | 27% | 43% | 30% | 44% |
| 01 Jan 2020 - 30 Jun 2020 | 06 Aug 2020 | 46 | 25% | 50% | 25% | 44% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 44 | 28% | 46% | 27% | 47% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jan 2020 | 44 | 27% | 53% | 19% | 51% |
Company Summary
LUCECO UK LIMITED is a British-based company that specializes in providing energy-efficient lighting and electrical solutions
The company was founded in 2013 and has since become a leading manufacturer and supplier of lighting products in the UK
The company's sustainability program is centered around reducing energy consumption and promoting environmental responsibility
LUCECO UK LIMITED is committed to developing and producing sustainable products that help minimize the impact on the environment
They have implemented a range of initiatives to reduce their carbon footprint, including using renewable energy sources and promoting recycling and waste reduction
The company offers a wide range of products, including LED lighting, portable power solutions, and wiring accessories
These products are designed to be energy-efficient and help customers save on their energy bills
LUCECO UK LIMITED's products are also built to last, reducing the need for frequent replacements and contributing to a more sustainable future
The key people behind LUCECO UK LIMITED include CEO John Hornby and COO Mark Cornwell
Together, they have over 50 years of experience in the lighting industry and are dedicated to driving the company's growth and success
For customer convenience, LUCECO UK LIMITED has a user-friendly website that provides detailed information about their products and services
The website also features a contact page where customers can easily get in touch with the company for any inquiries or assistance
The registered office address for the company is located at 2 Manston Park, Manston Way, Leeds, LS15 8ZA
In conclusion, LUCECO UK LIMITED is a reputable and innovative company that is committed to providing sustainable lighting solutions to its customers
With a strong focus on sustainability and a dedicated team of professionals, the company is poised to continue its success in the lighting industry
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
60 days from invoice date
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Disputes relating to supplier invoices should be communicated to ap.uk@luceco.com
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
