ZF LEMFORDER UK LIMITED

PaymentCheck Score 2025
26Poor
0.3vs last year
#4438 in UK
#152 in Manufacturing
#273 in West Midlands

Company Information

Company Number
02370396
Registered Address
35 Heath Road, Darlaston, Wednesbury, West Midlands, United Kingdom, WS10 8LZ
Status
Active
Employee Count
148
Turnover
£77,562,000
EBITDA
£2,722,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 April 1989
Nature of Business
25620 - Machining
Industries
Manufacturing
Region
West Midlands

Time to Pay

Average Time to Pay
60 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
7%
31-60 Days
29%
After 60 Days
64%
Not Paid Within Terms70%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 2025598%29%63%68%
01 Jan 2024 - 30 Jun 202425 Jul 2024588%27%64%71%
01 Jul 2023 - 31 Dec 202330 Jan 20245510%48%42%47%
01 Jan 2021 - 30 Jun 202129 Jul 20215216%41%42%45%
01 Jan 2020 - 30 Jun 202029 Jul 20205217%53%30%33%
01 Jan 2019 - 30 Jun 201930 Jul 20195116%60%24%27%

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 payment terms 30 days/30 days EOM agreed 7, 14, 60, 90 0 days in exceptional circumstances inc Monthly Payroll

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

120

Dispute Resolution Process

Invoice and Payments issues managed by AP team

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

Company Summary

ZF LEMFORDER UK LIMITED is a leading automotive supplier that specializes in developing and producing high-quality chassis and steering systems for cars, commercial vehicles, and off-highway equipment. The company is a subsidiary of ZF Friedrichshafen AG, a global technology company that provides systems for passenger cars, commercial vehicles, and industrial technology.

The company's sustainability program focuses on reducing emissions, conserving resources, and promoting sustainable practices throughout its operations. This includes using renewable energy sources, improving energy efficiency, and implementing waste management strategies.

ZF LEMFORDER UK LIMITED offers a wide range of products and services, including steering systems, suspension components, and chassis modules. These products are designed to improve vehicle handling, comfort, and safety.

The key people at ZF LEMFORDER UK LIMITED include the managing director, Mr. David Cresswell, who has over 30 years of experience in the automotive industry, and the head of sustainability, Ms. Jennifer Jones, who is responsible for driving the company's sustainability initiatives.

The company's registered office address is located at Lichfield Road, Branston, Burton-on-Trent, Staffordshire, DE14 3EX, United Kingdom. Their website address is www.zf.com/uk, where customers can find more information about their products, services, and sustainability efforts.

In summary, ZF LEMFORDER UK LIMITED is a reputable automotive supplier that prioritizes sustainability in its operations. With a wide range of products and services and a strong focus on environmental responsibility, the company continues to play a significant role in shaping the future of the automotive industry.

Financial Metrics

Cash
£0
Net Worth
£38,953,000
Total Current Assets
£62,798,000
Total Current Liabilities
£37,897,000

Company Location