LIDL U.K. GMBH

Company Information

Company Number
BR002417
Registered Address
Lidl House 14 Kingston Road, Surbiton, KT5 9NU
Status
Open
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
UK Establishment - Supermarket Chain
Industries
Coming Soon

Time to Pay

Average Time to Pay
0 days
Shortest Period:14 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
0%
31-60 Days
0%
After 60 Days
0%
Not Paid Within Terms0%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2019-09-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Mar 2019 - 31 Aug 201930 Sept 201900%0%0%0%
01 Sept 2018 - 28 Feb 201902 Apr 20194922%60%18%6%
01 Mar 2018 - 31 Aug 201814 Nov 20184922%61%17%7%

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 from receipt of invoice

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

Lidl is committed to treating all business partners fairly and to pay them according to the agreed contractual terms. We ensure that our invoices include contact details for our Accounts department to allow our suppliers to get in touch easily. In the unusual event of a dispute arising, the supplier then has contact details for the accounting team to address any concerns. If a swift solution cannot be agreed, the issue is escalated to the responsible Buying team to resolve.

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

LIDL U.K. GMBH is a leading supermarket chain in the United Kingdom that offers a wide range of affordable products and services to its customers. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

One of their key sustainability programs is the "Waste Not, Want Not" campaign, which aims to reduce food waste by offering discounts on products that are close to their expiration date. They also have a "Zero Waste to Landfill" policy, where they recycle or use waste to generate energy in their stores.

LIDL U.K. GMBH is known for its high-quality private label products, which are sourced directly from suppliers and undergo strict quality control measures. They offer a variety of fresh produce, groceries, household items, and even clothing at competitive prices.

The company is led by Christian Härtnagel, the CEO of LIDL U.K. GMBH, who is committed to making LIDL a sustainable and responsible retailer. They also have a team of experienced executives and employees who ensure efficient operations and customer satisfaction.

Contact information for LIDL U.K. GMBH includes their website, www.lidl.co.uk, where customers can shop online and find information about their products and services. The registered office address is located at 19 Worple Road, London, SW19 4JS. Overall, LIDL U.K. GMBH is a reputable and sustainable supermarket chain that provides affordable and quality products to its customers.

Financial Metrics

Cash
0
Net Worth
0
Total Current Assets
0
Total Current Liabilities
0

Company Location