JO MALONE LIMITED
Company Information
- Company Number
- 02781161
- Registered Address
- One Fitzroy, 6 Mortimer Street, London, W1T 3JJ
- Status
- Active
- Employee Count
- 663.0
- Turnover
- 109252000.0
- EBITDA
- 25840000.0
Additional Details
- Website
- https://jomalone.com/
- Company Type
- Private limited Company
- Incorporated On
- 19 January 1993
- Nature of Business
- 47750 - Retail sale of cosmetic and toilet articles in specialised stores
- Industries
- Healthcare And Wellbeing
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 17 | 96% | 4% | 0% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 21 Jul 2023 | 17 | 97% | 3% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 24 | 73% | 26% | 1% | 12% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Jul 2022 | 16 | 99% | 1% | 0% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 21 Jan 2022 | 17 | 95% | 5% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 17 | 97% | 3% | 0% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 17 | 95% | 5% | 0% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 17 | 95% | 5% | 0% | 0% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 18 | 94% | 6% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 16 | 97% | 3% | 0% | 0% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 17 | 89% | 11% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 19 | 89% | 11% | 0% | 0% |
| 01 Jul 2017 - 31 Dec 2017 | 31 Jan 2018 | 22 | 74% | 24% | 2% | 2% |
Company Summary
JO MALONE LIMITED is a British luxury fragrance and lifestyle brand that was founded in 1994 by Jo Malone
The company offers a range of high-end fragrances, skincare products, and home scents
The sustainability program of JO MALONE LIMITED focuses on reducing their environmental impact and promoting ethical practices
They use responsibly sourced ingredients and have implemented various eco-friendly initiatives, such as reducing packaging waste and using renewable energy sources in their production facilities
Their products are known for their high-quality and unique scents, with a focus on natural and botanical ingredients
They offer a variety of fragrances for both men and women, as well as body and bath products, candles, and home scents
Jo Malone remains the key figure in the company as the Founder and Creative Director, while Fabrice Weber serves as the CEO
The company also collaborates with various renowned perfumers to create their signature scents
The registered office address of JO MALONE LIMITED is located in London, UK
Customers can also visit their website to browse and purchase their products, as well as find contact information for customer service and retail locations
Overall, JO MALONE LIMITED is a highly regarded British brand that offers luxurious and sustainable products for those seeking high-end fragrances and lifestyle items
Company Review
Trend Analysis
The average time for JO MALONE LIMITED to pay invoices has decreased from 22 days in the period of July 2017-December 2017 to 17 days in the period of July 2023-December 2023. This shows a consistent trend of decreasing payment time over the past 6 years.
Volatility Analysis
The percentage of invoices paid within 30 days has consistently remained above 70%, with the highest being 99% in the period of January 2022-June 2022. The volatility of this metric has been relatively low, with only a 26% increase in the period of July 2022-December 2022 compared to the previous period.
Summary Analysis
In the past 6 years, JO MALONE LIMITED has consistently improved their average time to pay invoices, with a decrease from 22 days to 17 days. This trend is also reflected in the high percentage of invoices paid within 30 days, which has consistently remained above 70% and reached a peak of 99%. There has been no major volatility in any of the payment metrics, indicating a stable payment process for JO MALONE LIMITED.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
All payable transactions are made with group entities, the standard payment terms for these are 45 days from receipt of invoice. The maximum payment period entered into during the period was 45 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
45
Dispute Resolution Process
All payment disputes or complaints will initially be dealt with by the Accounts Payable department, they can be contacted by emailing ukpayables@estee-lauder.co.uk, complaints are usually followed up within 5 working days and escalated as appropriate.
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.
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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.
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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.
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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
