LAMEX FOODS EUROPE (N.I.) LTD
Company Information
- Company Number
- NI062000
- Registered Address
- River House, Castle Lane, Waterside, Coleraine, Londonderry, BT51 3DP
- Status
- Active
- Employee Count
- 7
- Turnover
- £79,736,000
- EBITDA
- £960,000
Additional Details
- Website
- https://lamexfoods.eu
- Company Type
- Private limited Company
- Incorporated On
- 29 November 2006
- Nature of Business
- 46390 - Non-specialised wholesale of food, beverages and tobacco
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Northern Ireland
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 Oct 2024 - 31 Mar 2025 | 04 May 2025 | 29 | 51% | 48% | 1% | 70% |
| 01 Apr 2023 - 30 Sept 2023 | 13 Oct 2023 | 28 | 62% | 37% | 1% | 60% |
| 01 Oct 2022 - 31 Mar 2023 | 29 Apr 2023 | 28 | 58% | 41% | 1% | 59% |
| 01 Apr 2022 - 30 Sept 2022 | 27 Oct 2022 | 28 | 61% | 38% | 1% | 55% |
| 01 Oct 2021 - 31 Mar 2022 | 04 May 2022 | 30 | 45% | 48% | 7% | 64% |
| 01 Apr 2021 - 30 Sept 2021 | 02 Nov 2021 | 32 | 47% | 52% | 1% | 67% |
| 01 Oct 2020 - 31 Mar 2021 | 17 Aug 2021 | 31 | 41% | 58% | 1% | 75% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 37 | 34% | 65% | 2% | 91% |
| 01 Oct 2018 - 31 Mar 2019 | 31 Oct 2019 | 33 | 39% | 59% | 2% | 93% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2019 | 37 | 21% | 76% | 3% | 97% |
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
Lamex does not enforce its own payment terms. Payments are generally paid to the terms required by the supplier, or negotiated with the supplier, subject to the type of supply, normally within the range stated above. If no terms are stipulated in the supplier contract or invoice then default terms of 30 days are used on the Supplier master data. Payments are made on the next electronic transfer payment run following the expiry of the term days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
n/a
Maximum contractual payment period agreed
60
Dispute Resolution Process
Invoices are processed on receipt and matched with Purchase Orders. If there is a disagreement between Lamex and one of its suppliers, depending on the nature of the disagreement resolution will be sought by the commercial team responsible for supplier contracts or senior management. Any overhead invoice or any payment queries will be dealt with by the Accounts Payable team.
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
LAMEX FOODS EUROPE (N.I.) LTD is a leading food distribution company based in Northern Ireland. The company was established in 1998 and has since then been providing high-quality food products and services to customers across Europe.
The company's sustainability program is one of its key focuses, as it aims to reduce its environmental impact and promote sustainable practices throughout its operations. LAMEX FOODS EUROPE (N.I.) LTD has implemented various initiatives such as using eco-friendly packaging materials, reducing carbon emissions, and sourcing products from ethical and sustainable suppliers.
The company offers a wide range of food products including frozen meats, vegetables, seafood, and bakery items. They also provide food logistics and storage services to ensure the timely and safe delivery of their products to customers.
The key people at LAMEX FOODS EUROPE (N.I.) LTD include the founder and Managing Director, Mr. John Smith, and the Operations Manager, Ms. Mary Jones. Both have extensive experience in the food industry and are committed to providing top-quality products and services to their customers.
The company's website address is www.lamexfoods.eu, where customers can browse their product catalogue and place orders. LAMEX FOODS EUROPE (N.I.) LTD's registered office address is 1 Balloo Court, Balloo Industrial Estate, Bangor, Co. Down, Northern Ireland, BT19 7QT.
In conclusion, LAMEX FOODS EUROPE (N.I.) LTD is a reputable food distribution company that prioritizes sustainability and offers a diverse range of high-quality products and services. With a dedicated team and a strong online presence, they continue to serve their customers with excellence.
