LYRECO UK LIMITED
Company number: 00442696
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
28 July 2026
Approved by:
Duane Fullwood
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 41 days
Total value paid:
- within 30 days: £64,286,228 (43%)
- in 31 to 60 days: £54,181,136 (36%)
- in 61 days or more: £30,722,459 (21%)
Invoices paid:
- within 30 days: 32%
- in 31 to 60 days: 52%
- in 61 days or more: 16%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £3,129,857
- payments due in the reporting period which have not been paid within the agreed period: 1%
- not made in the reporting period due to a dispute: 1%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
130 days
Standard payment terms
our standard terms are set at L030, these are invoice date, add 30 days, take this date to the end of the month, then add 10 days. Our payment runs happen 2 times a month on the 10 & 25th
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
145 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
If an stock invoice is queries for pricing or quantity then the invoice is put on hold, the invoice is queried with our Marketing Team for Price issues, they will resolve this by price maintenance, or a credit note. For Qty issues this is sent to Goods In to check the delivery and possibly a stock count of the product.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No