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
Payment Timeline
Payment Features
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 Mar 2019 - 31 Aug 2019 | 30 Sept 2019 | 0 | 0% | 0% | 0% | 0% |
| 01 Sept 2018 - 28 Feb 2019 | 02 Apr 2019 | 49 | 22% | 60% | 18% | 6% |
| 01 Mar 2018 - 31 Aug 2018 | 14 Nov 2018 | 49 | 22% | 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.
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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
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.