LOREAL UK LIMITED

Company Information

Company Number
00271555
Registered Address
Gateway Central, 187 Wood Lane, London, United Kingdom, W12 7SA
Status
Active
Employee Count
3098.0
Turnover
1267500000.0
EBITDA
194400000.0

Additional Details

Company Type
Private limited Company
Incorporated On
24 December 1932
Nature of Business
46450 - Wholesale of perfume and cosmetics$47750 - Retail sale of cosmetic and toilet articles in specialised stores
Industries
Healthcare And Wellbeing
Region
London

Company Location

Google
Map data ©2025 Google
Map data ©2025 Google

Financial Metrics

Cash
£217,200,000.00
Net Worth
£208,200,000.00
Total Current Assets
£579,100,000.00
Total Current Liabilities
£464,400,000.00
Reporting Period
2023-07-01 to 2023-12-31Filed: 2024-01-31

Time to Pay

Average Time to Pay
32 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
52%
31-60 Days
47%
After 60 Days
1%
Not Paid Within Terms11%

Payment Features

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

Payment Time Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018015304560

Payment Distribution Trends

Dec 2023Jun 2023Dec 2022Jun 2022Dec 2021Jun 2021Dec 2020Jun 2020Dec 2019Jun 2019Dec 2018Jun 2018015304560

Performance Reports History

Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2023 - 31 Dec 202331 Jan 20243252%47%1%11%
01 Jan 2023 - 30 Jun 202326 Jul 20233448%51%1%10%
01 Jul 2022 - 31 Dec 202231 Jan 20233346%53%1%11%
01 Jan 2022 - 30 Jun 202229 Jul 20223248%50%2%13%
01 Jul 2021 - 31 Dec 202128 Jan 20223245%53%2%9%
01 Jan 2021 - 30 Jun 202127 Jul 20213243%55%2%8%
01 Jul 2020 - 31 Dec 202028 Jan 20213741%56%3%6%
01 Jan 2020 - 30 Jun 202030 Jul 20203260%37%3%11%
01 Jul 2019 - 31 Dec 201928 Jan 20203744%51%5%14%
01 Jan 2019 - 30 Jun 201929 Jul 20193944%50%6%16%
01 Jul 2018 - 31 Dec 201817 Jan 20194141%50%9%25%
01 Jan 2018 - 30 Jun 201824 Jul 20184539%50%11%33%

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

Company Review

Trend Analysis

The average time taken for L'OREAL (U.K.) LIMITED to pay invoices to suppliers has decreased steadily from 45 days in the first half of 2018 to 32 days in the first half of 2023. The percentage of invoices paid within 30 days has also increased from 39% to 52% during this time period. However, there has been a slight increase in the percentage of invoices paid later than 60 days, from 11% to 1%, indicating a potential issue with delayed payments.

Volatility Analysis

The data for L'OREAL (U.K.) LIMITED shows consistent patterns over the past three years, with only minor fluctuations in the average time to pay and the percentages of invoices paid within different time frames. This suggests that the company has been consistent in their payment practices and has not experienced significant changes or issues in their payment processes.

Summary Analysis

Overall, L'OREAL (U.K.) LIMITED has shown improvement in their payment practices, with a decrease in the average time taken to pay invoices and an increase in the percentage of invoices paid within 30 days. However, there is room for improvement in reducing the percentage of invoices paid later than 60 days. The company has maintained a consistent payment pattern over the past three years.

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

60 days. 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

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

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