LOWELL FINANCIAL LTD
Company Information
- Company Number
- 04558936
- Registered Address
- No. 1 The Square Thorpe Park View, Thorpe Park, Leeds, England, LS15 8GH
- Status
- Active
- Employee Count
- 737
- Turnover
- £120,557,000
- EBITDA
- £19,227,000
Additional Details
- Website
- https://www.lowell.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 10 October 2002
- Nature of Business
- 82911 - Activities of collection agencies
- Industries
- Financial Services
- Region
- Yorkshire and The Humber
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 Jan 2025 - 30 Jun 2025 | 11 Aug 2025 | 47 | 70% | 10% | 20% | 31% |
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 28 | 89% | 6% | 5% | 18% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 30 | 85% | 9% | 6% | 21% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Feb 2024 | 49 | 82% | 8% | 10% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Sept 2023 | 34 | 77% | 17% | 6% | 26% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Sept 2023 | 33 | 70% | 25% | 5% | 45% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Sept 2023 | 36 | 75% | 15% | 10% | 35% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Sept 2023 | 35 | 74% | 15% | 11% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 39 | 71% | 14% | 15% | 33% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Jan 2021 | 45 | 68% | 17% | 15% | 34% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 28 | 81% | 12% | 7% | 22% |
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
Company standard payment terms = 30 days Anything outside this must be approved during contract negotiations and the supplier must have a valid business need.
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
40
Dispute Resolution Process
Disputes policy All disputes are raised and tracked through the AP department. These are then raised with the business owner of the supplier and payments will be kept on hold until any dispute is confirmed as settled by the business owner.
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
LOWELL FINANCIAL LTD is a leading debt purchasing and recovery company based in the United Kingdom. They specialize in purchasing and managing consumer debt portfolios from a variety of lenders, including banks, credit card companies, and telecommunications companies.
The company was founded in 2004 and has since grown to become one of the largest debt recovery companies in Europe. Their mission is to help individuals and businesses manage their debts and improve their financial well-being.
LOWELL FINANCIAL LTD is committed to sustainability and has implemented several initiatives to reduce their environmental impact. They have a comprehensive recycling and waste reduction program, as well as energy-efficient practices in their offices and data centers. They also encourage their employees to use public transportation or carpool to reduce carbon emissions.
In terms of products and services, LOWELL FINANCIAL LTD offers debt recovery, credit management, and legal services. They work closely with their clients to develop tailored solutions that meet their specific needs. Their goal is to help individuals and businesses get back on track financially and improve their credit scores.
The key people at LOWELL FINANCIAL LTD include CEO James Cornell and Chairman John Pears. They have a team of highly experienced professionals who are dedicated to providing excellent customer service and ethical debt recovery practices.
For more information, individuals and businesses can visit their website at www.lowell.co.uk. Their registered office address is Ellington House, 9 Savannah Way, Leeds Valley Park, Leeds, LS10 1AB. LOWELL FINANCIAL LTD is registered in England and Wales with company number 4558936.
