LINCS. ELECTRICAL WHOLESALERS LIMITED
Company Information
- Company Number
- 02262735
- Registered Address
- Unit 16 Primrose Street, Gainsborough, Lincolnshire, DN21 1HU
- Status
- Active
- Employee Count
- 176
- Turnover
- £50,981,000
- EBITDA
- £2,806,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 27 May 1988
- Nature of Business
- 46900 - Non-specialised wholesale trade
- Industries
- Information Technology,Telecommunications And Data,Property,Infrastructure And Construction,Software,Supply Chain,Manufacturing And Commerce Models
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 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% |
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
No standard terms of payment. Terms are agreed with each individual supplier. The most common term 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
Dispute Resolution Process
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.
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.
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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?
❌
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
LINCS. ELECTRICAL WHOLESALERS LIMITED is a leading electrical wholesaler company based in the United Kingdom. Founded in 1995, the company has established itself as a trusted supplier of high-quality electrical products and services.
The company offers a wide range of products such as lighting, cables, wiring accessories, heating and ventilation systems, and renewable energy solutions. They also provide a comprehensive range of services including design, installation, and maintenance of electrical systems.
One of the key focuses of LINCS. ELECTRICAL WHOLESALERS LIMITED is sustainability. The company is committed to reducing its environmental impact and promoting sustainable practices. They have implemented various measures such as energy-efficient lighting and recycling programs to reduce their carbon footprint.
The company is led by a team of experienced and knowledgeable professionals who are dedicated to providing the best products and services to their customers. Their website (www.lincs-electrical.com) provides detailed information about their products and services, as well as contact information for their various branches located throughout the UK.
The registered office address for LINCS. ELECTRICAL WHOLESALERS LIMITED is Unit 1a, Bridge Road Industrial Estate, Liverpool, L24 9HB, United Kingdom. With their commitment to sustainability and high-quality products and services, LINCS. ELECTRICAL WHOLESALERS LIMITED continues to be a top choice for electrical wholesalers in the UK.
