LEXINGTON CATERING LIMITED
Company Information
- Company Number
- 03428444
- Registered Address
- The Courtyard, Catherine Street, Macclesfield, Cheshire, SK11 6ET
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 3 September 1997
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
LEXINGTON CATERING LIMITED exhibits a consistent trend of very slow payments, with an average payment time of 62 days. An overwhelming 64% of payments extend beyond 60 days, and only a negligible 1% are settled within 30 days. This trajectory firmly establishes a systemic habit of extended payment cycles, consistently surpassing standard 30 or 60-day terms.
Volatility Analysis
Payment reliability for LEXINGTON CATERING LIMITED is low, characterized by the dominant 64% of payments occurring over 60 days and 12% being formally late. This pattern makes predicting timely payment highly challenging for suppliers, indicating a significant risk of extended working capital requirements. Suppliers should anticipate that payments will consistently fall outside typical commercial terms, impacting cash flow predictability.
Summary Analysis
Suppliers should anticipate significantly extended payment terms when dealing with LEXINGTON CATERING LIMITED, necessitating careful consideration of cash flow and credit management. Key decision factors include the supplier's capacity to absorb prolonged cash conversion cycles and the potential need for adjusted payment agreements. Mitigation strategies could involve negotiating shorter credit terms, requesting partial upfront payments, or incorporating the cost of extended working capital into pricing.
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 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 62 | 1% | 35% | 64% | 12% |
| 01 Oct 2024 - 31 Mar 2025 | 29 Apr 2025 | 70 | 1% | 32% | 67% | 11% |
| 01 Apr 2024 - 30 Sept 2024 | 29 Oct 2024 | 69 | 3% | 33% | 64% | 16% |
| 01 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 71 | 2% | 31% | 67% | 10% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 86 | 1% | 24% | 75% | 35% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 106 | 0% | 20% | 80% | 48% |
| 01 Apr 2020 - 30 Sept 2020 | 26 Oct 2020 | 88 | 0% | 12% | 88% | 94% |
| 01 Oct 2019 - 31 Mar 2020 | 29 Apr 2020 | 70 | 1% | 30% | 69% | 20% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 68 | 1% | 42% | 57% | 24% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 63 | 2% | 54% | 44% | 21% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 58 | 1% | 68% | 31% | 20% |
| 01 Oct 2017 - 31 Mar 2018 | 04 May 2018 | 53 | 4% | 76% | 20% | 17% |
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
Payment terms are agreed on an individual basis but the majority are between 30 - 60 days end of month
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
Disputes or queries are resolved as and when they arise by way of dialogue / negotiation between the relevant supplier account manager and purchase ledger / purchasing team
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
LEXINGTON CATERING LIMITED is an active private limited company that provides catering services
The company was incorporated on 3 September 1997 and operates under company number 03428444
Its registered office is located at The Courtyard, Catherine Street, Macclesfield, Cheshire, SK11 6ET, within the North West region
Catering companies in the UK typically specialise in providing food and beverage services for a range of events and organisations
This often includes corporate catering, private functions, contract catering for businesses or institutions, and associated event support services
