LANXESS SOLUTIONS UK LTD
Company Information
- Company Number
- 02624692
- Registered Address
- Accounts Department, Tenax Road, Trafford Park, Manchester, M17 1WT
- Status
- Active
- Employee Count
- 185
- Turnover
- £159,276,000
- EBITDA
- £45,991,000
Additional Details
- Website
- https://lanxess.com
- Company Type
- Private limited Company
- Incorporated On
- 27 June 1991
- Nature of Business
- 20130 - Manufacture of other inorganic basic chemicals
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 | 15 Aug 2025 | 41 | 51% | 37% | 12% | 28% |
| 01 Jul 2024 - 31 Dec 2024 | 29 Jan 2025 | 41 | 54% | 39% | 7% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 45 | 52% | 38% | 10% | 16% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 44 | 54% | 37% | 9% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 42 | 53% | 37% | 10% | 15% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 36 | 59% | 32% | 9% | 13% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 44 | 52% | 37% | 11% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 43 | 48% | 40% | 12% | 19% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 41 | 47% | 43% | 9% | 21% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 48 | 34% | 47% | 19% | 23% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 48 | 30% | 54% | 16% | 26% |
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 are 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
Payment issues are initially addressed by the AP team in the Shared Service Centre in India (as from 1st January 2025). The procurement team is involved if the dispute s of a commercial nature.
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
LANXESS SOLUTIONS UK LTD is a leading global specialty chemicals company that provides innovative solutions to various industries
The company is committed to sustainability and has a strong focus on environmental protection, social responsibility, and economic success.\n\nTheir sustainability program includes measures to reduce energy consumption, water usage, and waste generation
They also prioritize the use of renewable resources and the development of eco-friendly products
LANXESS SOLUTIONS UK LTD is actively involved in various initiatives to promote sustainable practices and has been recognized for their efforts, receiving awards such as the Chemical Industry Association Responsible Care Award.\n\nLANXESS SOLUTIONS UK LTD offers a wide range of products and services, including high-performance materials, specialty chemicals, and plastics
These products are used in various industries, such as automotive, construction, and agriculture
Their products are designed to meet the highest quality and environmental standards, ensuring customer satisfaction.\n\nThe key people at LANXESS SOLUTIONS UK LTD include the Managing Director, Sales Director, and Technical Director, who bring their expertise and leadership to drive the company's success
The company also has a team of dedicated employees who work towards achieving their sustainability goals and providing top-quality products and services to their customers.\n\nFor more information on LANXESS SOLUTIONS UK LTD, their products, and sustainability efforts, you can visit their website at www.lanxess.com/uk
The company's registered office address is located at LANXESS House, 1030 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, RG41 5TS, United Kingdom
