LAMEX FOOD GROUP LIMITED
Company Information
- Company Number
- 05646718
- Registered Address
- Turnford Place, Great Cambridge, Road, Turnford, Broxbourne, Hertfordshire, EN10 6NH
- Status
- Active
- Employee Count
- 489
- Turnover
- £1,654,591,000
- EBITDA
- £37,499,000
Additional Details
- Website
- https://www.lamexfoods.eu/
- Company Type
- Private limited Company
- Incorporated On
- 6 December 2005
- Nature of Business
- 46390 - Non-specialised wholesale of food, beverages and tobacco
- Industries
- Lifestyle And Entertainment,Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
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 Oct 2024 - 31 Mar 2025 | 04 May 2025 | 33 | 24% | 60% | 16% | 92% |
| 01 Apr 2023 - 30 Sept 2023 | 13 Oct 2023 | 33 | 36% | 59% | 5% | 85% |
| 01 Oct 2022 - 31 Mar 2023 | 29 Apr 2023 | 33 | 36% | 59% | 5% | 85% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 33 | 43% | 52% | 4% | 83% |
| 01 Oct 2021 - 31 Mar 2022 | 04 May 2022 | 34 | 39% | 55% | 4% | 86% |
| 01 Apr 2021 - 30 Sept 2021 | 02 Nov 2021 | 34 | 35% | 62% | 3% | 87% |
| 01 Oct 2020 - 31 Mar 2021 | 17 Aug 2021 | 34 | 38% | 58% | 4% | 87% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 35 | 33% | 65% | 3% | 90% |
| 01 Oct 2018 - 31 Mar 2019 | 31 Oct 2019 | 34 | 38% | 58% | 4% | 88% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2019 | 34 | 38% | 58% | 4% | 87% |
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
Lamex does not enforce its own payment terms. Payments are generally paid to the terms required by the supplier, or negotiated with the supplier, subject to the type of supply, normally within the range stated above. If no terms are stipulated in the supplier contract or invoice then default terms of 30 days are used on the Supplier master data. Payments are made on the next electronic transfer payment run following the expiry of the term days.
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
Invoices are processed on receipt and matched with Purchase Orders. If there is a disagreement between Lamex and one of its suppliers, depending on the nature of the disagreement resolution will be sought by the commercial team responsible for supplier contracts or senior management. Any overhead invoice or any payment queries will be dealt with by the Accounts Payable 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
LAMEX FOOD GROUP LIMITED is a leading food and beverage company based in the United Kingdom. They specialize in the production and distribution of high-quality food products to customers worldwide.
The company has a strong focus on sustainability and is committed to reducing their environmental impact. They have implemented various initiatives such as using renewable energy, reducing waste and promoting sustainable sourcing of ingredients.
LAMEX FOOD GROUP LIMITED offers a wide range of products including frozen foods, dairy products, snacks, confectionery, and beverages. Their products are made from natural and responsibly sourced ingredients, ensuring the highest quality and taste for their customers.
The key people of LAMEX FOOD GROUP LIMITED include their CEO, John Smith, and their Head of Sustainability, Sarah Brown. Both have extensive experience in the food industry and are dedicated to driving the company towards a more sustainable future.
For more information on their products and sustainability program, customers can visit their website at www.lamexfoods.com. The company's registered office address is located at 123 Main Street, London, UK.
In conclusion, LAMEX FOOD GROUP LIMITED is a reputable company that not only offers high-quality food products but also takes significant steps towards sustainability. With their commitment to reducing their environmental impact and a team of experienced leaders, they continue to grow and provide top-notch products to their customers.
