Industry ranking
| 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 2024 - 31 Dec 2024 | 30 Apr 2025 | 45 | 35% | 41% | 24% | 70% |
| 01 Jul 2022 - 31 Dec 2022 | 25 Jan 2023 | 42 | 44% | 39% | 16% | 59% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 47 | 41% | 40% | 19% | 66% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 42 | 43% | 39% | 18% | 58% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 53 | 50% | 35% | 15% | 53% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 58 | 43% | 38% | 18% | 58% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 58 | 31% | 47% | 22% | 67% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 36 | 46% | 42% | 12% | 67% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 39 | 48% | 38% | 14% | 65% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 36 | 56% | 34% | 10% | 63% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 43 | 58% | 28% | 14% | 59% |
| 01 Jul 2017 - 31 Dec 2017 | 31 Jan 2018 | 26 | 71% | 26% | 3% | 46% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The most frequently used payment terms for qualifying contracts are 30 days from the date of invoice. However, payment terms requested by suppliers can range from payment on receipt of invoice and 90 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
11% of invoices have allocated payment terms of 14 days or lower. Lush Ltd currently operate a standard payment run every 2 wks.
Maximum contractual payment period agreed
90
Supplier disputes should be raised with a member of the Lush Ltd accounts team either by e-mail or telephone. Where the issue can't be resolved the dispute will be escalated to the central legal team.
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.
❌
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
Lush Ltd is the operating company behind the Lush cosmetics brand, founded in Poole in 1995. It manufactures and wholesales beauty products including bath bombs, shower jellies and solid shampoo bars, using fresh ingredients such as organic fruits and vegetables and opposing animal testing. The company develops products designed to be sold without packaging and operates retail stores, including a large presence across the UK. Its registered SIC codes cover manufacture of perfumes and toilet preparations and wholesale of perfume and cosmetics. The business publishes audited accounts and ethical impact reports covering its wider trading activities, staff benefit trust and charitable giving programmes.
Generated from the company's website and Companies House records. Sources: weare.lush.com