LUXFER GAS CYLINDERS LIMITED

PaymentCheck Score 2025
63Fair
18.6vs last year
#2907 in UK
#45 in Manufacturing
#208 in North West

Company Information

Company Number
03376625
Registered Address
Lumns Lane, Manchester, England, M27 8LN
Status
Active
Employee Count
218
Turnover
£42,021,000
EBITDA
£3,617,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 May 1997
Nature of Business
25290 - Manufacture of other tanks, reservoirs and containers of metal
Industries
Manufacturing
Region
North West

Time to Pay

Average Time to Pay
57 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
33%
31-60 Days
43%
After 60 Days
24%
Not Paid Within Terms49%

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: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 29 Jun 202529 Jul 20253650%38%12%38%
01 Jul 2024 - 31 Dec 202430 Jan 202544%
01 Jan 2024 - 30 Jun 202429 Jul 20245733%43%24%49%
03 Jul 2023 - 31 Dec 202331 Jan 20245636%39%25%45%
01 Jan 2023 - 02 Jul 202325 Jul 20236628%39%33%43%
28 Jun 2021 - 31 Dec 202131 Jan 20224782%11%7%32%
02 Jul 2018 - 31 Dec 201831 Jan 20194341%37%22%47%
01 Jan 2018 - 01 Jul 201819 Jul 20183743%41%16%34%

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

There have been no significant changes. We would only change payment terms with agreement of the supplier.

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

Our purchase ledger would contact the supplier to investigate the issue and involve purchasing and/or other personnel as required to resolve the dispute

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

LUXFER GAS CYLINDERS LIMITED is a leading manufacturer of high-pressure gas cylinders, serving customers in various industries such as aerospace, medical, and alternative fuels. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes reducing energy consumption, minimizing waste, and promoting recycling. They also prioritize the use of sustainable materials in their products and strive to continuously improve their processes to minimize their carbon footprint.

The company offers a wide range of products and services, including lightweight composite cylinders, aluminum cylinders, and specialty gas cylinders. These products are used for various applications such as transportation of gases, storage, and dispensing.

At the helm of LUXFER GAS CYLINDERS LIMITED are key people such as CEO Alok Maskara and Chairman John Anderson, who bring years of experience and expertise to the company. Their leadership has helped the company grow and expand its global reach.

For more information on their products and services, customers can visit their website at www.luxfercylinders.com. The registered office address of LUXFER GAS CYLINDERS LIMITED is 10 Eaton Avenue, Buckshaw Village, Chorley, Lancashire, PR7 7NA, United Kingdom.

Financial Metrics

Cash
£1,000
Net Worth
£7,226,000
Total Current Assets
£21,098,000
Total Current Liabilities
£17,125,000

Company Location