L'OREAL (U.K.) LIMITED
Company Information
- Company Number
- 00271555
- Registered Address
- Gateway Central, 187 Wood Lane, London, United Kingdom, W12 7SA
- Status
- Active
- Employee Count
- 3,098
- Turnover
- £1,267,500,000
- EBITDA
- £194,400,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 December 1932
- Nature of Business
- 46450 - Wholesale of perfume and cosmetics47750 - Retail sale of cosmetic and toilet articles in specialised stores
- Industries
- Healthcare And Wellbeing
- Region
- London
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 | 30 Jul 2025 | 35 | 44% | 55% | 1% | 8% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 33 | 45% | 54% | 1% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 32 | 52% | 47% | 1% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 34 | 48% | 51% | 1% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 32 | 48% | 50% | 2% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 32 | 45% | 53% | 2% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 27 Jul 2021 | 32 | 43% | 55% | 2% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 32 | 60% | 37% | 3% | 11% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 37 | 44% | 51% | 5% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 39 | 44% | 50% | 6% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 17 Jan 2019 | 41 | 41% | 50% | 9% | 25% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 45 | 39% | 50% | 11% | 33% |
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
In respect of Goods, the Supplier shall invoice the Customer on or at any time after completion of delivery. In respect of Services, the Supplier shall invoice the Customer on completion of the Services. Each invoice shall include such supporting information required by the Customer to verify the accuracy of the invoice, including but not limited to the relevant Purchase Order number and date of invoice which shall be a condition precedent to the payment of the invoice, and sent to L'Oréal (UK) Ltd. Calle De Alcala, 546, 28027 Madrid, Spain or emailed to corpukaccountspayable@loreal.com In consideration of the supply of Goods and/or Services by the Supplier, the Customer shall pay, within the period specified in the Order, or if no such period is specified in the Order, payment is due within 60 days of the receipt of a correctly rendered invoice, including but not limited to the relevant Purchase Order number which shall be a condition precedent to the payment of the invoice, to a bank account nominated in writing by the Supplier 60 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
All invoices are received into the Finance Department and recorded on our Accounts Payable system. The vast majority of invoice submissions are made via email to corpukaccountspayable@loreal.com. A matching process occurs to ensure there is a valid, approved and goods receipted Purchase Order. Assuming the invoice satisfies the matching criteria, it is then released for payment. Invoices are sent to the PO originator for approval in the case of any invoice discrepancies. Any disputes are settled between the supplier and the PO originator. Supplier accounts are periodically reviewed for invoice ageing.
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
L'OREAL (U.K.) LIMITED is the British subsidiary of the global cosmetics company L'OREAL. It was founded in 1933 and is headquartered in London, UK. The company operates in the beauty, haircare, skincare, and fragrance industries, offering a wide range of products to consumers.
Sustainability is a key focus for L'OREAL (U.K.) LIMITED, and the company has implemented various initiatives to reduce its environmental impact. These include a commitment to using sustainable sourcing and reducing carbon emissions. The company also supports various community and charitable projects through its L'OREAL Foundation.
L'OREAL (U.K.) LIMITED offers a diverse range of products under its popular brands such as L'OREAL Paris, Maybelline, Garnier, and Lancôme. These products cater to different beauty needs and are available in various price ranges to suit different budgets. The company also offers professional haircare products through its L'OREAL Professional and Redken brands.
The key people at L'OREAL (U.K.) LIMITED include the CEO Vismay Sharma and the Managing Director Adrien Koskas. They lead a team of over 3,000 employees who are dedicated to driving the company's growth and sustainability efforts.
For any inquiries or information, customers can contact L'OREAL (U.K.) LIMITED through their website, which is www.loreal.co.uk. The registered office address for the company is located at 255 Hammersmith Road, London, W6 8AZ, UK.
Overall, L'OREAL (U.K.) LIMITED is a leading beauty company in the UK that is committed to sustainability and offering high-quality products to its customers. With its diverse portfolio of brands and strong focus on innovation and community involvement, the company continues to be a trusted and popular choice for consumers.
