LENDABLE OPERATIONS LTD
Company Information
- Company Number
- 09011579
- Registered Address
- Telephone House, 69-77 Paul Street, London, England, EC2A 4NW
- Status
- Active
- Employee Count
- 421
- Turnover
- £234,727,000
- EBITDA
- £49,712,000
Additional Details
- Website
- https://www.lendable.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 25 April 2014
- Nature of Business
- 66190 - Activities auxiliary to financial intermediation not elsewhere classified
- Industries
- Data, Financial Services, Software
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
LENDABLE OPERATIONS LTD typically processes payments within 24 days, with 73% of invoices settled within 30 days. However, a substantial 25% of payments extend to 31-60 days, and 2% even beyond 60 days. The 48% late payment rate indicates inconsistent adherence to original payment terms, suggesting variability despite the low overall average payment time.
Volatility Analysis
Despite the positive average payment time, the 48% late payment rate introduces significant unpredictability regarding payment dates for suppliers. Approximately one-quarter of payments fall into the 31-60 day window, meaning a supplier cannot reliably expect payment within 30 days for all invoices. The 2% of payments exceeding 60 days represents a minor but present risk of considerable delays.
Summary Analysis
LENDABLE OPERATIONS LTD shows a mixed payment profile; while most payments are prompt, suppliers should factor in the 48% late payment rate and the 25% extending beyond 30 days. It is advisable to consider moderate credit terms and monitor payment performance closely, particularly for high-value transactions. To mitigate risk, suppliers could implement stricter payment terms for initial engagements or consider applying late payment clauses for invoices exceeding the standard 30 days.
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 | 31 Jul 2025 | 28 | 79% | 15% | 6% | 47% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 19 | 82% | 16% | 2% | 36% |
| 01 Jul 2023 - 31 Dec 2023 | 20 Jun 2024 | 23 | 75% | 21% | 4% | 40% |
| 01 Jan 2023 - 30 Jun 2023 | 20 Jun 2024 | 29 | 69% | 24% | 7% | 53% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jun 2024 | 30 | 65% | 26% | 9% | 46% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jun 2024 | 19 | 87% | 11% | 2% | 32% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jun 2024 | 23 | 81% | 15% | 4% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jun 2024 | 17 | 88% | 12% | 0% | 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
30 days
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
30
Dispute Resolution Process
Disputes are resolved by negotiation involving the relevant parties.
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
LENDABLE OPERATIONS LTD is an active Private limited Company. This corporate structure indicates a business entity established with limited liability, primarily engaged in the execution and management of commercial operations.
The company holds company number 09011579 and was incorporated on 25 April 2014. Its registered office is located at Telephone House, 69-77 Paul Street, London, England, EC2A 4NW, placing its administration within the London area.
As a Private limited Company, LENDABLE OPERATIONS LTD operates within a common business structure in the UK. Such organisations typically engage in a diverse range of business activities, including the provision of services, the manufacture or sale of products, or the management of specific business processes within the UK market. The inclusion of "Operations" in its name suggests a focus on the ongoing execution and management of commercial functions.
