Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 - 31 Dec 2025 | 19 Jan 2026 | 49 | 31% | 52% | 17% | 52% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 45 | 33% | 51% | 16% | 42% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 46 | 32% | 45% | 23% | 35% |
| 01 Jan 2024 - 30 Jun 2024 | 04 Sept 2024 | 43 | 39% | 39% | 22% | 23% |
| 01 Jul 2023 - 31 Dec 2023 | 27 Feb 2024 | 46 | 36% | 39% | 24% | 20% |
| 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% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
60 days due net.
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
Disputes relating to supplier invoices should be communicated to ap.uk@luceco.com
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Luceco UK Limited is registered at Telford, Shropshire, and trades under the Masterplug brand as part of the Luceco plc group of companies. The business manufactures and distributes portable power equipment, including extension leads, adaptors, USB chargers, cable reels, extension sockets and surge protection devices, alongside domestic electric vehicle charging solutions. Its product ranges cover home, garden, DIY, office, travel and commercial site use, plus a professional Pro-XT line aimed at tradespeople. The company's own site describes it as a manufacturer and distributor of portable power products sold under the Masterplug name, with wider group activities including energy products marketed under other Luceco brands.
Generated from the company's website and Companies House records. Sources: masterplug.com · masterplug.com