BENEFIT COSMETICS LIMITED
Company Information
- Company Number
- 03922046
- Registered Address
- Marconi Building, New Street, Chelmsford, CM1 1PH
- Status
- Active
- Employee Count
- 397
- Turnover
- £55,510,000
- EBITDA
- £3,163,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 9 February 2000
- Nature of Business
- 46450 - Wholesale of perfume and cosmetics47910 - Retail sale via mail order houses or via Internet
- Industries
- Healthcare And Wellbeing,Supply Chain,Manufacturing And Commerce Models
- Region
- East of England
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 2024 - 30 Jun 2024 | 29 Jul 2024 | 24 | 86% | 12% | 1% | 14% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 30 | 83% | 13% | 3% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 18 Jul 2022 | 28 | 81% | 13% | 6% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 24 Jan 2022 | 39 | 65% | 23% | 12% | 34% |
| 01 Jan 2021 - 30 Jun 2021 | 13 Jul 2021 | 47 | 70% | 20% | 10% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 32 | 77% | 16% | 6% | 24% |
| 01 Jul 2018 - 31 Dec 2018 | 22 Jan 2019 | 34 | 74% | 16% | 10% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 40 | 63% | 24% | 13% | 41% |
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
30 Days from receipt of invoice, unless specific due date specified in contract.
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
30
Dispute Resolution Process
The main point of contact for invoice queries is the UK Accounts Payable Team, who process approved invoices and follow internal processes to deal with and resolve invoice queries. They can be contacted via a dedicated, shared e-mail address and in return communicate either by e-mail or phone. On the rare occasions that resolution cannot be reached with the Accounts Payable Team, unresolved invoice queries may be escalated to Finance manager on a case by case basis for resolution.
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
BENEFIT COSMETICS LIMITED is a UK-based company that specializes in beauty and cosmetics products. The company was founded in 1976 by twin sisters Jean and Jane Ford, who started their business by creating a unique collection of beauty products in San Francisco. The company has since expanded globally and is known for its quirky and playful approach to makeup and beauty.
The company's sustainability program focuses on reducing its environmental impact and supporting women's empowerment. They have committed to being a zero-waste company by 2025, and have implemented various initiatives such as using sustainable packaging and reducing water consumption in their manufacturing processes.
BENEFIT COSMETICS LIMITED offers a wide range of products, including makeup, skincare, and fragrance. Their most popular products include their iconic "Benetint" lip and cheek stain, "Hoola" bronzer, and "They're Real!" mascara. The company also offers a variety of services, such as makeup tutorials and brow waxing, at their stores and counters worldwide.
The key people at BENEFIT COSMETICS LIMITED include the CEO, Jean-Andre Rougeot, and the Global Chief Creative Officer, Jerrod Blandino. They are responsible for the company's overall strategic direction and the development of new products and services.
For more information on BENEFIT COSMETICS LIMITED, their products, and services, you can visit their website at www.benefitcosmetics.com. Their registered office address is located at 1 James Street, London, W1U 1DR, United Kingdom.
