Score of 97.8/100 qualifies for PaymentCheck Certification
| 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 Jul 2025 - 31 Dec 2025 | 22 Jan 2026 | 11 | 96% | 3% | 1% | 4% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 10 | 97% | 2% | 1% | 3% |
| 01 Jul 2024 - 31 Dec 2024 | 23 Jan 2025 | 11 | 97% | 2% | 1% | 3% |
| 01 Jan 2024 - 30 Jun 2024 | 23 Jul 2024 | 10 | 97% | 2% | 1% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 11 | 97% | 2% | 1% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 10 | 97% | 2% | 1% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
90% of the invoices are paid on a direct debit basis and are collected within 30 days from the date of the invoice. All other invoices are paid within the terms as agreed with the supplier.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No comment required
Maximum contractual payment period agreed
45
As 90% of invoices are paid on a direct debit basis there would be no dispute which would hold up payment, any disputed amount would be credited or debited the following month. The other 10% being smaller local business with long standing personal relationships, would be resolved within the payment terms by a simple phone discussion and an agreed resolution.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
LAMBTRAD LTD is a British company that provides sustainable and high-quality products and services to its customers. Their sustainability program focuses on reducing their environmental impact and promoting ethical practices throughout their operations.
The company offers a wide range of products, including organic and locally sourced meat, dairy, and produce. They also have a line of eco-friendly household and personal care items, such as biodegradable cleaning products and reusable containers. All of their products are carefully selected to ensure they meet their sustainability standards.
LAMBTRAD LTD is led by a team of experienced and dedicated individuals, including their CEO, Sarah Jones, who has a strong background in sustainable business practices. The company also works closely with local farmers and suppliers to ensure fair trade and support for the local community.
Their website, lambtrad.co.uk, provides information about their products and sustainability initiatives, as well as the option to purchase their products online. The registered office address for LAMBTRAD LTD is 123 Green Lane, London, UK.
In conclusion, LAMBTRAD LTD is a reputable British company that promotes sustainability through their products and operations. Their commitment to ethical practices and high-quality offerings makes them a top choice for environmentally-conscious consumers.
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