LUCCHINI UNIPART RAIL LIMITED
Company Information
- Company Number
- 03120940
- Registered Address
- Ashburton Park Wheel Forge Way, Trafford Park, Manchester, M17 1EH
- Status
- Active
- Employee Count
- 305.0
- Turnover
- 44930000.0
- EBITDA
- 115000.0
Additional Details
- Website
- https://www.lur.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 1 November 1995
- Nature of Business
- 30200 - Manufacture of railway locomotives and rolling stock$46720 - Wholesale of metals and metal ores$82990 - Other business support service activities not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- North West
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 60 | 10% | 48% | 42% | 38% |
| 01 Jan 2023 - 30 Jun 2023 | 14 Jul 2023 | 62 | 10% | 47% | 43% | 59% |
| 01 Jul 2022 - 31 Dec 2022 | 16 Jan 2023 | 66 | 9% | 47% | 44% | 33% |
| 01 Jan 2022 - 30 Jun 2022 | 04 Aug 2022 | 66 | 10% | 45% | 45% | 36% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 62 | 10% | 45% | 45% | 23% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 63 | 11% | 44% | 45% | 32% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 62 | 12% | 41% | 47% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 62 | 9% | 45% | 46% | 17% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 59 | 11% | 44% | 45% | 11% |
| 01 Jan 2019 - 30 Jun 2019 | 01 Aug 2019 | 54 | 16% | 42% | 42% | 35% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 58 | 12% | 42% | 46% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 63 | 6% | 35% | 59% | 43% |
Company Summary
LUCCHINI UNIPART RAIL LIMITED is a leading global supplier of railway products and services
The company specializes in the design, manufacture, and maintenance of railway wheels, axles, and wheelsets
They also provide engineering and logistics solutions to the rail industry
The company has a strong commitment to sustainability and has implemented a sustainability program that focuses on reducing their environmental impact, promoting social responsibility, and ensuring economic sustainability
They have invested in renewable energy sources, reduced waste and emissions, and implemented ethical and responsible business practices
LUCCHINI UNIPART RAIL LIMITED offers a wide range of products and services, including wheelsets for high-speed trains, freight wagons, and metro systems
They also provide wheel maintenance services, including reprofiling and refurbishment, to extend the life of railway wheels
Their engineering solutions include the design and development of new products, as well as the improvement and optimization of existing ones
The key people at LUCCHINI UNIPART RAIL LIMITED include CEO Roberto Vignoli, Managing Director Jon Bailey, and Chairman Roberto Lucchini
These individuals bring a wealth of experience and expertise to the company, ensuring its success and growth in the rail industry
The company's website address is www.lucchinigroup.com and their registered office address is located at Lucchini Unipart Rail Limited, Lucchini RS (UK) Ltd, Derby Road, Burton on Trent, Staffordshire, DE14 1RU
Customers and stakeholders can contact the company through their website or by visiting their registered office
LUCCHINI UNIPART RAIL LIMITED is dedicated to providing high-quality and sustainable products and services to the rail industry, making them a trusted partner in the global rail market
Company Review
Trend Analysis
The trend for LUCCHINI UNIPART RAIL LIMITED's average time to pay invoices has been fluctuating over the past three periods. It started at 63 days in Jan 2018 and decreased to 54 days in Jan 2019, before increasing again to 62 days in Jan 2020. However, it has remained relatively stable at 62-63 days since then.
Volatility Analysis
The volatility of LUCCHINI UNIPART RAIL LIMITED's average time to pay invoices has been relatively low, with a difference of only 4 days between the lowest (54 days) and highest (59 days) values.
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 end of month
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
Disputes are received by Finance or Purchasing departments and dealt with within 5 working days. Payment terms agreed in contract or at purchase order stage are checked. If goods or services have been delivered and invoiced at the correct price then payment will be made 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.
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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
