COTY UK&I LTD
Company Information
- Company Number
- 00271363
- Registered Address
- Fao Company Secretary, Eureka Science Park, Ashford, Kent, England, TN25 4AQ
- Status
- Active
- Employee Count
- 458
- Turnover
- £323,164,000
- EBITDA
- £14,375,000
Additional Details
- Website
- https://wella.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 19 December 1932
- Nature of Business
- 47750 - Retail sale of cosmetic and toilet articles in specialised stores
- Industries
- Healthcare And Wellbeing
- Region
- South East
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 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 53 | 38% | 25% | 37% | 24% |
| 01 Jul 2024 - 31 Jul 2024 | 03 Feb 2025 | 62 | 28% | 25% | 47% | 23% |
| 01 Jul 2023 - 31 Dec 2023 | 13 Feb 2024 | 49 | 37% | 29% | 34% | 22% |
| 01 Jan 2023 - 30 Jun 2023 | 09 Aug 2023 | 49 | 37% | 29% | 34% | 22% |
| 01 Jul 2022 - 31 Dec 2022 | 02 Feb 2023 | 44 | 46% | 26% | 28% | 24% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 50 | 33% | 32% | 35% | 24% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 55 | 35% | 24% | 41% | 18% |
| 01 Jan 2021 - 30 Jun 2021 | 08 Jul 2021 | 60 | 33% | 23% | 44% | 23% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 54 | 41% | 23% | 36% | 22% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 46 | 49% | 23% | 28% | 36% |
| 01 Jul 2018 - 31 Dec 2018 | 25 Jun 2019 | 52 | 35% | 29% | 36% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 01 Aug 2018 | 28 | 59% | 38% | 3% | 49% |
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
For 3rd party suppliers the standard payment terms are 120 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
All invoices are sent to the Accounts Payable Team operated by a Shared Service Center, where they are recorded in the Accounts Payable Ledger. The Accounts Payable team is contactable by phone and by email. Vendors with invoice queries need to contact the Accounts Payable team in the first instance and they will work to resolve the query. If the Accounts Payable team are not able to resolve or if it is not clear from the system why the invoice has not been approved for payment, the Accounts Payable team will reach out to the invoice contact or Purchase Order Originator for assistance. If resolution is still not possible then the standard process is to be followed per the UK Terms & Conditions (for Goods and Services). Coty has also launched its e-invoicing facility Tradeshift allowing vendors to directly match invoices against PO’s. This allows for early identification of potential issues with an invoice that the vendor can address at the point of submission rather than having to wait for the Shared Service Center to inform them had the invoice been submitted by email. The full implementation of Tradeshift across all Coty UK suppliers is in progress.
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
COTY UK&I LTD is a leading beauty company that operates in the United Kingdom and Ireland. The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact.
One of the main focuses of COTY UK&I LTD's sustainability program is to reduce waste and increase recycling. The company has set goals to have 100% of its packaging be reusable, recyclable, or compostable by 2025. In addition, they have implemented a closed-loop recycling system for their plastic packaging and have partnered with organizations to promote recycling in the communities where they operate.
COTY UK&I LTD offers a wide range of beauty products, including cosmetics, fragrances, and skincare. The company's portfolio includes popular brands such as Rimmel, Max Factor, and Wella. They are committed to using sustainable ingredients in their products and have set a goal to have 90% of their ingredients be sustainably sourced by 2025.
The company is led by a team of experienced executives, including Pierre Laubies as the CEO and Laurent Kleitman as the President of the UK & Ireland region. They are dedicated to driving the company's sustainability efforts and ensuring that COTY UK&I LTD continues to be a leader in the beauty industry.
For more information on COTY UK&I LTD's sustainability initiatives, products, and key people, visit their website at www.coty.com. The company's registered office address is at 14 New Cavendish Street, London, W1G 8UH, United Kingdom.
