AS WATSON HEALTH BEAUTY UK LIMITED
Company Information
- Company Number
- 04051648
- Registered Address
- Hutchison House 5 Hester Road, Battersea, London, SW11 4AN
- Status
- Active
- Employee Count
- 133
- Turnover
- £0
- EBITDA
- £280,948,000
Additional Details
- Website
- https://aswatson.com
- Company Type
- Private limited Company
- Incorporated On
- 8 August 2000
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Healthcare And Wellbeing
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
The average time taken for A.S. WATSON (HEALTH & BEAUTY UK) LIMITED to pay invoices has been increasing over the past three periods, starting at 40 days in Dec 2017 and reaching 44 days in June 2019. The company has also shown a decrease in the percentage of invoices paid within 30 days, from 58% in Dec 2017 to 54% in June 2019.
Volatility Analysis
The company has shown some volatility in its payment patterns, with the percentage of invoices paid within 30 days fluctuating between 54% and 66% over the past three periods. The percentage of invoices paid later than 60 days has also varied, reaching its highest point at 15% in June 2019.
Summary Analysis
In terms of paying invoices on time, A.S. WATSON (HEALTH & BEAUTY UK) LIMITED has shown a slight decline over the past three periods. While the average time to pay has increased, the percentage of invoices paid within 30 days has decreased. However, the company still maintains a relatively high percentage of invoices paid within 30 days (54% in June 2019). The company also has a consistent shortest (or only) standard payment period of 30 days.
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 |
|---|---|---|---|---|---|---|
| 30 Dec 2018 - 29 Jun 2019 | 26 Jul 2019 | 44 | 54% | 31% | 15% | 39% |
| 30 Jun 2018 - 29 Dec 2018 | 28 Jan 2019 | 42 | 66% | 21% | 13% | 29% |
| 31 Dec 2017 - 29 Jun 2018 | 27 Jul 2018 | 40 | 58% | 28% | 14% | 29% |
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 Net as standard as otherwise agreed
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
60
Dispute Resolution Process
Purchase orders contain contact details for the relevant department. All queries are managed in accordance with our internal processes and dealt with as quickly as possible
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
A.S. Watson (Health & Beauty UK) Limited is a leading health and beauty retailer in the UK, with a strong focus on sustainability. The company offers a wide range of products and services in the health and beauty sector, including cosmetics, skincare, haircare, and healthcare.
The company's sustainability program is centered around three key pillars: People, Planet, and Community. Under the People pillar, A.S. Watson is committed to providing a safe and healthy working environment for its employees, as well as promoting diversity and inclusion. The Planet pillar focuses on reducing the company's carbon footprint and promoting sustainable sourcing and packaging. The Community pillar involves supporting local communities through various initiatives, such as fundraising and volunteering.
Some of A.S. Watson's well-known brands in the UK include Superdrug, Savers, The Perfume Shop, and Holland & Barrett. These brands offer a wide range of sustainable and eco-friendly products, such as vegan and cruelty-free cosmetics, natural and organic skincare, and eco-friendly packaging options.
The key people at A.S. Watson include Malina Ngai, Group COO and CEO of A.S. Watson (Asia and Europe), and Peter Macnab, CEO of A.S. Watson (Health & Beauty UK) Limited.
For more information on A.S. Watson's sustainability program and products, customers can visit their website at www.aswatson.com. The company's registered office address is A.S. Watson (Health & Beauty UK) Limited, Watson House, 69 Bishopsgate, London EC2N 3PQ, United Kingdom.
