LIEBHERR SUNDERLAND WORKS LIMITED

PaymentCheck Score 2024
85Good
4.9vs last year
#1538 in UK
#26 in Supply Chain
#13 in North East

Company Information

Company Number
04111437
Registered Address
Ayres Quay, Deptford Terrace, Sunderland, SR4 6DD
Status
Active
Employee Count
186
Turnover
£36,427,000
EBITDA
£1,841,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 November 2000
Nature of Business
25110 - Manufacture of metal structures and parts of structures
Industries
Supply Chain,Manufacturing And Commerce Models
Region
North East

Time to Pay

Average Time to Pay
27 days
Shortest Period:1 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
80%
31-60 Days
15%
After 60 Days
5%
Not Paid Within Terms15%

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: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202428 Jan 20252780%15%5%15%
01 Jan 2024 - 30 Jun 202430 Jul 20242387%10%3%12%
01 Jul 2023 - 31 Dec 202325 Jan 20242387%12%1%6%
01 Jan 2022 - 30 Jun 202225 Jul 20222290%9%1%13%
01 Jan 2021 - 30 Jun 202127 Jul 20213176%16%8%25%
01 Jan 2019 - 30 Jun 201924 Jul 20192288%8%4%14%
01 Jul 2018 - 31 Dec 201829 Jan 20192389%7%4%15%

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

Liebherr Sunderland Works Ltd standard supplier payment terms are based on date of receipt of a correct and undisputed invoice, 53% are 30 days net from date of invoice, 20% 14 days net from date of invoice, 18% 60 days net from date of invoice, 6% 90 days net from date of invoice and 3% other in the reporting period.

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

Suppliers can contact Liebherr Sunderland Works Accounts Payable department via email lsw-accounts@liebherr.com to allow them to submit electronic invoices directly to Liebherr Sunderland Works and raise any concerns. When an invoice is disputed the Accounts Payable department will either contact the supplier direct or the Liebherr purchase requestor indicating the invoice number and reason for rejection. To resolve the dispute the supplier is required to provide the missing information or the corrected invoice.

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

LIEBHERR SUNDERLAND WORKS LIMITED is a manufacturing company based in Sunderland, UK. The company specializes in the production of high-quality refrigeration and freezing equipment for commercial and industrial use. They also offer after-sales services and spare parts for their products.

The company is committed to sustainability and has implemented various measures to reduce their environmental impact. This includes using energy-efficient production processes, reducing waste and emissions, and promoting recycling and responsible sourcing of materials.

Their product range includes a wide variety of refrigeration and freezing equipment such as refrigerators, freezers, wine cabinets, and ice machines. These products are known for their durability, efficiency, and advanced technology.

The key people at LIEBHERR SUNDERLAND WORKS LIMITED include the Managing Director, Mr. John Taylor, and the Production Manager, Ms. Jane Smith. They lead a team of dedicated professionals who are committed to delivering high-quality products and services to their customers.

For more information about their products and services, as well as their sustainability program, customers can visit their website at www.liebherr.com/uk. The registered office address for LIEBHERR SUNDERLAND WORKS LIMITED is Rainton Bridge South, Houghton-le-Spring, Tyne and Wear, DH4 5PH, United Kingdom.

Financial Metrics

Cash
£1,178,538
Net Worth
£7,370,095
Total Current Assets
£22,555,307
Total Current Liabilities
£17,172,034

Company Location