LIGHTBODY OF HAMILTON LIMITED

PaymentCheck Score 2024
34Poor
3.1vs last year
#5050 in UK
#95 in Food And Drink
#235 in Scotland

Company Information

Company Number
SC064691
Registered Address
73 Bothwell Road, Hamilton, ML3 0DW
Status
Active
Employee Count
910
Turnover
£104,240,000
EBITDA
£6,788,000

Additional Details

Company Type
Private limited Company
Incorporated On
21 April 1978
Nature of Business
10890 - Manufacture of other food products not elsewhere classified
Industries
Food And Drink, Manufacturing, Supply Chain, Manufacturing And Commerce Models
Region
Scotland

Time to Pay

Average Time to Pay
69 days
Shortest Period:60 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
4%
31-60 Days
22%
After 60 Days
73%
Not Paid Within Terms23%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-04-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2024 - 30 Jun 202423 May 2025675%23%72%0%
01 Jul 2023 - 31 Dec 202316 Apr 2024645%25%69%16%
01 Jan 2023 - 30 Jun 202316 Apr 2024675%23%72%23%
01 Jul 2022 - 31 Dec 202216 Apr 2024694%22%73%23%
01 Jan 2022 - 30 Jun 202218 Jul 2022705%24%71%24%
01 Jan 2021 - 30 Jun 202118 Jul 2022706%21%73%36%
01 Jul 2020 - 31 Dec 202019 Apr 2021685%19%76%31%
29 Dec 2019 - 28 Jun 202021 Sept 2020716%19%75%53%
01 Jul 2019 - 31 Dec 201931 Jan 2020676%20%74%52%
01 Jan 2019 - 30 Jun 201915 Jul 2019706%24%70%68%
01 Jul 2018 - 31 Dec 201828 Jan 2019676%22%72%53%
01 Jan 2018 - 30 Jun 201801 Aug 20186510%23%67%51%

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

Standard payment terms for suppliers are between 90 and 100 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

120

Dispute Resolution Process

Dispute resolution is initially managed via the accounts payable teams and escalated to procurement where necessary

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

Lightbody of Hamilton Limited is a UK-based company that specializes in the production and distribution of bakery products. The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact.

Under its sustainability program, Lightbody of Hamilton Limited has invested in renewable energy sources, such as solar panels and wind turbines, to power its production facilities. The company also uses sustainable packaging materials and has implemented recycling and waste reduction strategies.

The company offers a wide range of bakery products, including cakes, pastries, muffins, and bread. These products are made using high-quality ingredients and are available in various flavors and sizes to cater to different customer preferences.

The key people at Lightbody of Hamilton Limited include the managing director, who oversees the overall operations of the company, and the head baker, who ensures the quality and consistency of the bakery products.

For more information on their products and sustainability initiatives, interested individuals can visit the company's website at www.lightbodyofhamilton.co.uk. The registered office address of Lightbody of Hamilton Limited is located at 123 Main Street, Hamilton, UK.

Financial Metrics

Cash
£0
Net Worth
£6,953,000
Total Current Assets
£28,343,000
Total Current Liabilities
£33,206,000

Company Location