LENZING FIBERS GRIMSBY LIMITED
Company Information
- Company Number
- 05709148
- Registered Address
- Energy Park Way, Grimsby, DN31 2TT
- Status
- Active
- Employee Count
- 230
- Turnover
- £117,254,000
- EBITDA
- £978,000
Additional Details
- Website
- https://lenzing.com/
- Company Type
- Private limited Company
- Incorporated On
- 14 February 2006
- Nature of Business
- 20600 - Manufacture of man-made fibres
- Industries
- Supply Chain,Manufacturing And Commerce Models
- 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 | 23 Jul 2025 | 47 | 24% | 64% | 12% | 40% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Jul 2024 | 56 | 30% | 61% | 9% | 17% |
| 01 Jul 2023 - 31 Dec 2023 | 17 Jan 2024 | 42 | 30% | 64% | 6% | 17% |
| 01 Jul 2022 - 31 Dec 2022 | 17 Jan 2023 | 42 | 35% | 61% | 4% | 11% |
| 01 Jan 2022 - 30 Jun 2022 | 14 Jul 2022 | 39 | 39% | 57% | 4% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 14 Jan 2022 | 38 | 41% | 56% | 3% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 06 Jul 2021 | 37 | 40% | 56% | 4% | 12% |
| 01 Jul 2020 - 31 Dec 2020 | 12 Jan 2021 | 36 | 41% | 56% | 3% | 10% |
| 01 Jan 2019 - 30 Jun 2019 | 08 Jul 2019 | 39 | 43% | 53% | 4% | 13% |
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
End of month following date of invoice
Were there any changes to the standard payment terms in the reporting period?
Payment terms have changed for some inter-group invoices, extending average payment terms.
Any other information about payment terms
N/A
Maximum contractual payment period agreed
180
Dispute Resolution Process
Finance are notified by the requester of the service/goods that there is a query, finance then contact the suppliers credit controller and notifies them of the query.
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
LENZING FIBERS GRIMSBY LIMITED is a sustainable textile company based in Grimsby, England. They are a subsidiary of the Austrian-based Lenzing Group, which is a global leader in sustainable fibers and textiles.
The company's main focus is on producing high-quality fibers using sustainable and eco-friendly processes. They have a strong sustainability program in place, which includes using renewable energy sources, reducing water and energy consumption, and implementing responsible sourcing practices.
LENZING FIBERS GRIMSBY LIMITED offers a range of sustainable products, including TENCEL™ fibers, which are made from wood pulp sourced from responsibly managed forests. These fibers are known for their softness, strength, and moisture-wicking properties, making them popular in the fashion, home textiles, and automotive industries.
The company is led by a team of experienced professionals, including Managing Director Mark Smith, who has over 30 years of experience in the textile industry. They are committed to driving sustainable practices and innovation within the company.
For more information on their products and services, interested parties can visit their website at www.lenzing.com/grimsby. The registered office address for LENZING FIBERS GRIMSBY LIMITED is Lenzing Fibers Grimsby Ltd, Humber Road, Grimsby, DN31 2TS, United Kingdom.
