LUMENTUM TECHNOLOGY UK LIMITED
Company Information
- Company Number
- 02298887
- Registered Address
- Caswell, Towcester, Northamptonshire, NN12 8EQ
- Status
- Active
- Employee Count
- 444
- Turnover
- £89,371,000
- EBITDA
- -£50,071,000
Additional Details
- Website
- https://lumentum.com
- Company Type
- Private limited Company
- Incorporated On
- 22 September 1988
- Nature of Business
- 26301 - Manufacture of telegraph and telephone apparatus and equipment26701 - Manufacture of optical precision instruments
- Industries
- Hardware
- 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 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 57 | 28% | 43% | 29% | 48% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 50 | 22% | 61% | 17% | 42% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 48 | 21% | 61% | 18% | 35% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 50 | 18% | 60% | 22% | 38% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 59 | 23% | 26% | 51% | 89% |
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
Standard contractual terms for goods and services is net 60 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
90
Dispute Resolution Process
All invoices and disputes should be directed to our accounts payable centre at invoices.uk@lumentum.com which is the first point of contact in resolving any disputed amounts or payment queries.
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
Lumentum Technology UK Limited is a global leader in innovative photonics products and solutions. The company is committed to sustainability and has implemented various programs to reduce its environmental impact.
Their sustainability program focuses on reducing energy consumption, minimizing waste generation, and promoting responsible sourcing and manufacturing practices. Lumentum also works towards reducing their carbon footprint through the use of renewable energy sources and eco-friendly packaging for their products.
The company offers a wide range of products and services, including optical communication and sensing components, laser modules, and fiber optic systems. Their products are used in various industries such as telecommunications, data centers, and healthcare.
Key people in Lumentum include CEO Alan Lowe, who has over 30 years of experience in the industry, and CFO Chris Coldren, who has a strong background in financial management.
For more information on their products and services, customers can visit their website at www.lumentum.com. The registered office address for Lumentum Technology UK Limited is 400 Thames Valley Park Drive, Reading, Berkshire RG6 1PT, United Kingdom. With its commitment to sustainability and innovative products, Lumentum Technology UK Limited continues to be a leader in the photonics industry.
