Ranked in 8 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 Sept 2025 - 28 Feb 2026 | 17 Mar 2026 | 68 | 7% | 21% | 72% | 3% |
| 01 Mar 2025 - 31 Aug 2025 | 12 Sept 2025 | 70 | 9% | 21% | 70% | 3% |
| 01 Sept 2024 - 28 Feb 2025 | 07 Mar 2025 | 69 | 8% | 22% | 70% | 2% |
| 01 Mar 2024 - 31 Aug 2024 | 13 Sept 2024 | 69 | 8% | 22% | 70% | 2% |
| 01 Sept 2023 - 29 Feb 2024 | 20 Mar 2024 | 71 | 10% | 24% | 66% | 2% |
| 01 Sept 2022 - 28 Feb 2023 | 27 Mar 2023 | 68 | 8% | 23% | 69% | 2% |
| 01 Mar 2022 - 31 Aug 2022 | 23 Jan 2023 | 67 | 7% | 21% | 72% | 3% |
| 01 Sept 2021 - 28 Feb 2022 | 23 Jan 2023 | 67 | 7% | 21% | 72% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
No standard terms of payment. Terms are agreed with each individual supplier. The most common terms agreed is 60 days end of month.
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
90
Debit notes are used to deal with disputes. These are raised and issued to the supplier. Any supplier that does not agree with a debit note must contact head office accounts to resolve.
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
Lincs. Electrical Wholesalers Limited is registered in England and trades as LEW Electrical Distributors. It is an independent electrical wholesaler supplying wholesale electrical supplies and services to commercial, domestic and industrial customers, as well as the general public, from a network of branches across Lincolnshire, Yorkshire, the Midlands and the North West. The company stocks cable and cable management, lighting, fire and security, safety, tools and wiring accessory ranges from various manufacturers. It is a member of the AWEBB buying consortium, giving access to additional storage capacity and stock as part of the ElectraCentre Distribution network, while continuing to operate as an independent wholesaler.
Generated from the company's website and Companies House records. Sources: lewelectrical.co.uk · lewelectrical.co.uk · lewelectrical.co.uk