FUCHS LUBRICANTS (UK) PLC
Company Information
- Company Number
- 02412689
- Registered Address
- New Century Street, Hanley, Stoke On Trent, Staffordshire, ST1 5HU
- Status
- Active
- Employee Count
- 341
- Turnover
- £167,862,000
- EBITDA
- £18,408,000
Additional Details
- Website
- https://fuchslubricants.com
- Company Type
- Public limited Company
- Incorporated On
- 10 August 1989
- Nature of Business
- 19209 - Other treatment of petroleum products (excluding petrochemicals manufacture)
- Industries
- Raw Materials And Intermediate Goods
- Region
- West 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 2025 - 30 Jun 2025 | 23 Jul 2025 | 41 | 45% | 51% | 4% | 22% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 39 | 51% | 45% | 4% | 4% |
| 01 Jul 2023 - 31 Dec 2023 | 05 Feb 2024 | 39 | 44% | 52% | 4% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 07 Aug 2023 | 40 | 48% | 47% | 5% | 5% |
| 01 Jul 2022 - 31 Dec 2022 | 01 Feb 2023 | 36 | 51% | 40% | 8% | 8% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 38 | 55% | 40% | 5% | 5% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 37 | 58% | 36% | 6% | 6% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 38 | 63% | 33% | 4% | 4% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 36 | 67% | 29% | 4% | 4% |
| 01 Jan 2020 - 30 Jun 2020 | 16 Sept 2020 | 38 | 49% | 42% | 10% | 10% |
| 01 Jul 2019 - 31 Dec 2019 | 03 Feb 2020 | 41 | 59% | 34% | 6% | 6% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 40 | 31% | 53% | 16% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 04 Feb 2019 | 38 | 36% | 52% | 12% | 12% |
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
End of month so can be between 30 and 60 days depending on when the invoice is received
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
Dispute Resolution Process
Disputes are notified to Accounts Payable (AP). If no immediate resolution can be found they are escalated to the Financial Controller. Once notified of a dispute we aim to resolve it within 5 working days.
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
FUCHS LUBRICANTS (UK) PLC is a leading lubricant manufacturer and supplier in the UK. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
Their sustainability program focuses on reducing CO2 emissions, minimizing waste and promoting energy efficiency. FUCHS LUBRICANTS (UK) PLC also uses sustainable raw materials and packaging for their products.
The company offers a wide range of lubricants for various industries including automotive, industrial, and marine. They also provide specialized services such as oil analysis and technical support to their customers.
The key people at FUCHS LUBRICANTS (UK) PLC include the Managing Director, Steve Dyson, and the Head of Sustainability, Mark O'Connor. With their expertise and leadership, the company has achieved significant growth and success.
For more information on their products, services, and sustainability efforts, customers can visit their website at www.fuchs.com/uk. The registered office address of FUCHS LUBRICANTS (UK) PLC is New Century Street, Hanley, Stoke-on-Trent, Staffordshire, ST1 5HU, United Kingdom.
