L. LYNCH (PLANT HIRE & HAULAGE) LIMITED
Company Information
- Company Number
- 02841395
- Registered Address
- Boundary Way, Hemel Hempstead, Hertfordshire, United Kingdom, HP2 7YU
- Status
- Active
- Employee Count
- 389
- Turnover
- £112,248,000
- EBITDA
- £37,069,000
Additional Details
- Website
- https://l-lynch.com
- Company Type
- Private limited Company
- Incorporated On
- 2 August 1993
- Nature of Business
- 77320 - Renting and leasing of construction and civil engineering machinery and equipment
- Industries
- Manufacturing, Supply Chain, Manufacturing And Commerce Models
- Region
- East of England
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 2024 - 28 Feb 2025 | 01 Apr 2025 | 46 | 24% | 50% | 26% | 2% |
| 01 Sept 2023 - 29 Feb 2024 | 27 Mar 2024 | 52 | 20% | 48% | 31% | 2% |
| 01 Sept 2022 - 28 Feb 2023 | 22 Mar 2023 | 54 | 17% | 47% | 36% | 2% |
| 01 Mar 2022 - 31 Aug 2022 | 30 Sept 2022 | 51 | 20% | 51% | 29% | 3% |
| 01 Sept 2021 - 28 Feb 2022 | 31 Mar 2022 | 52 | 19% | 45% | 37% | 2% |
| 01 Sept 2020 - 28 Feb 2021 | 26 Mar 2021 | 54 | 20% | 44% | 36% | 3% |
| 01 Mar 2020 - 31 Aug 2020 | 30 Sept 2020 | 49 | 22% | 50% | 29% | 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
Standard terms are 60 days EoM, however some suppliers are paid on 30/45 days EoM
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n.a
Maximum contractual payment period agreed
60
Dispute Resolution Process
Supplier invoice disputes are raised by the Purchase Ledger department by email to their supplier contact.
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
L. Lynch (Plant Hire & Haulage) Limited is a construction company based in Hemel Hempstead, United Kingdom. They offer a wide range of services including plant hire, haulage, waste management, and groundworks. The company was founded in 1980 by Liam Lynch and has since grown to become a leading provider in the industry.
The company's sustainability program is a key aspect of their operations. They are committed to reducing their carbon footprint and promoting environmentally friendly practices. This includes using electric and hybrid vehicles, recycling waste materials, and implementing energy-efficient measures in their offices and depots.
L. Lynch offers a variety of products and services to meet the needs of their clients. They have a large fleet of modern plant machinery and vehicles available for hire, including excavators, dumpers, and tipper trucks. Their haulage services cover a wide range of materials, from aggregates to hazardous waste. They also provide groundworks services such as site preparation and foundations.
The key people at L. Lynch include the founder and managing director, Liam Lynch, who has over 40 years of experience in the industry. The company's operations are overseen by a team of experienced managers and supervisors, ensuring high-quality service and customer satisfaction.
The company's website address is www.l-lynch.com, where customers can find more information about their services, products, and sustainability efforts. The registered office address is Unit 1, Maylands Business Centre, Redbourn Road, Hemel Hempstead, Hertfordshire, HP2 7ES.
In summary, L. Lynch (Plant Hire & Haulage) Limited is a reputable construction company with a strong commitment to sustainability. They offer a wide range of services, have a dedicated team of experienced professionals, and can be contacted through their website or registered office address.
