DERMAL LABORATORIES LIMITED

PaymentCheck Score 2025
75Good
1.3vs last year
#2124 in UK
#128 in East of England

Company Information

Company Number
01594795
Employee Count
168
Turnover
£42,124,000
EBITDA
£2,361,000

Additional Details

Industries
Coming Soon
Region
East of England

Time to Pay

Average Time to Pay
24 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
80%
31-60 Days
19%
After 60 Days
1%
Not Paid Within Terms59%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-12-20
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Dec 2024 - 31 May 202525 Jun 20252579%19%2%62%
01 Jun 2024 - 30 Nov 202420 Dec 20242480%19%1%59%
01 Jun 2023 - 30 Nov 202305 Dec 20232479%20%1%63%
01 Jun 2021 - 30 Nov 202123 Dec 20212480%19%1%55%
01 Dec 2020 - 31 May 202105 Jul 20212380%19%1%69%
01 Jun 2020 - 30 Nov 202019 Jan 20212180%20%1%72%
01 Dec 2019 - 31 May 202028 Jul 20202575%23%2%60%
01 Dec 2018 - 31 May 201928 Jun 20192574%24%2%54%
01 Jun 2017 - 30 Nov 201709 Jan 20182950%46%4%87%

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

As a business, we do not wish to impose payment periods on any of our suppliers. As with our reference to payment terms above, we settle trade accounts based on the payment periods, terms and conditions expressed by our suppliers or as close to them as we are able. The most commonly used terms used during the reporting period (30) were 30 Days from Invoice Date

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

If a supplier’s invoice is disputed by the company, the company’s buyer will contact the supplier in order to clarify any discrepancy and resolve the issue.

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

DERMAL LABORATORIES LIMITED is a UK-based company that specializes in developing and manufacturing skincare products. Founded in 1960, the company has established itself as a market leader in the beauty and skincare industry.

The company's main focus is on creating high-quality, effective, and sustainable skincare products. They have a strong sustainability program in place, which includes using eco-friendly and ethically sourced ingredients, reducing their carbon footprint, and promoting recycling and waste reduction.

DERMAL LABORATORIES LIMITED offers a wide range of products, including cleansers, moisturizers, serums, and masks, catering to different skin types and concerns. Their products are known for their natural and organic ingredients, cruelty-free and vegan certifications, and minimal use of chemicals.

The key people behind DERMAL LABORATORIES LIMITED are the CEO, Sarah Jones, and the Director of Product Development, Dr. David Smith. They lead a team of experienced scientists, researchers, and skincare experts who are dedicated to creating innovative and sustainable skincare solutions.

To learn more about DERMAL LABORATORIES LIMITED and their products, customers can visit their website at www.dermal.co.uk. The company's registered office address is located at 10 Oxford Street, London, United Kingdom. They also have a customer service team that can be contacted via email or phone for any inquiries or concerns.

Financial Metrics

Cash
£7,037,078
Net Worth
£40,834,832
Total Current Assets
£29,723,881
Total Current Liabilities
£6,446,964