COTY SERVICES UK LIMITED
Company Information
- Company Number
- 00325646
- Registered Address
- Fao Company Secretary, Eureka Park, Ashford, Kent, United Kingdom, TN25 4AQ
- Status
- Active
- Employee Count
- 241
- Turnover
- £34,977,000
- EBITDA
- £2,487,000
Additional Details
- Website
- https://coty.com
- Company Type
- Private limited Company
- Incorporated On
- 19 March 1937
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- 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 | 40 | 48% | 31% | 21% | 29% |
| 01 Jul 2024 - 31 Dec 2024 | 03 Feb 2025 | 43 | 47% | 18% | 35% | 34% |
| 01 Jul 2023 - 31 Dec 2023 | 13 Feb 2024 | 33 | 61% | 21% | 18% | 31% |
| 01 Jan 2023 - 30 Jun 2023 | 09 Aug 2023 | 33 | 61% | 21% | 18% | 31% |
| 01 Jul 2022 - 31 Dec 2022 | 02 Feb 2023 | 27 | 68% | 18% | 14% | 31% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 32 | 62% | 24% | 15% | 38% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 33 | 62% | 21% | 17% | 33% |
| 01 Jan 2021 - 30 Jun 2021 | 08 Jul 2021 | 31 | 61% | 26% | 13% | 35% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 42 | 48% | 25% | 27% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 42 | 46% | 31% | 23% | 32% |
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
180
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 SERVICES UK LIMITED is a beauty and personal care company based in the United Kingdom. They offer a wide range of products and services, including cosmetics, fragrances, hair care, and skincare.
The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have set targets to reduce their carbon emissions, waste, and water usage, and have also implemented recycling programs in their offices and manufacturing facilities.
COTY SERVICES UK LIMITED's products are also focused on sustainability, with a range of eco-friendly and cruelty-free options. They have also partnered with various organizations to support sustainable sourcing of ingredients and responsible packaging.
Some key people in the company include CEO Sue Nabi and CFO Laurent Mercier, who are leading the company's sustainability efforts. They are also supported by a team of experts in sustainability and responsible sourcing.
The company's registered office address is located at 1 New Oxford Street, London, WC1A 1GG, United Kingdom. Their website, www.coty.com, provides information about their products and services, as well as their sustainability initiatives and contact information. COTY SERVICES UK LIMITED is committed to making a positive impact in the beauty industry while promoting sustainable practices.
