THE HUT.COM LIMITED

Company Information

Company Number
05016010
Registered Address
Icon 1 7-9 Sunbank Lane, Ringway, Altrincham, United Kingdom, WA15 0AF
Status
Active
Employee Count
4,979
Turnover
£806,841,000
EBITDA
-£55,361,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 January 2004
Nature of Business
47990 - Other retail sale not in stores, stalls or markets
Industries
Creative,Media And Publishing,Supply Chain,Manufacturing And Commerce Models
Region
North West

Time to Pay

Average Time to Pay
80 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
18%
31-60 Days
18%
After 60 Days
64%
Not Paid Within Terms42%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2025-08-21
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202521 Aug 20258018%18%64%42%
01 Jul 2023 - 31 Dec 202308 Feb 20246221%19%60%24%
01 Jan 2023 - 30 Jun 202317 Aug 20236421%20%59%23%
01 Jul 2022 - 31 Dec 202213 Mar 20236521%22%57%21%
01 Jan 2022 - 30 Jun 202205 Aug 20226320%27%53%30%
01 Jul 2021 - 31 Dec 202128 Jan 20226019%29%52%34%
01 Jan 2021 - 30 Jun 202129 Jul 20216221%28%51%31%
01 Jul 2020 - 31 Dec 202029 Jan 20216218%29%53%32%
01 Jul 2018 - 31 Dec 201829 Jan 2019638%38%54%36%

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

Our standard company payment terms are 60EOMPlus1Day, however we do have suppliers set up on a number of different payment terms ranging from immediate to 120DaysEOM.

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

120

Dispute Resolution Process

Disputes are dealt with by the AP Associate contacting the relevant buyer within the company who deals with that particular supplier. The buyer will either amend the PO or contact the supplier to resolve the issue and potentially request a credit note from the supplier if there is an agreed overcharge. The timescale will very much depend upon the type of dispute and whether the supplier agrees,

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

THE HUT.COM LIMITED is a British e-commerce company that operates a variety of retail websites, selling a wide range of products including fashion, beauty, homeware, and technology

Founded in 2004, the company is headquartered in Cheshire, England.\n\nThe company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact

They have a sustainability program in place which includes using renewable energy sources, reducing waste, and promoting sustainable packaging.\n\nTHE HUT.COM LIMITED's product range includes a mix of well-known brands as well as their own private label products

They offer a variety of high-quality and affordable products to their customers, with a focus on fashion and beauty.\n\nThe key people behind THE HUT.COM LIMITED include CEO Matthew Moulding and Chairman Richard Pennycook

Together, they have led the company to become one of the UK's leading online retailers.\n\nFor customer support and inquiries, THE HUT.COM LIMITED can be contacted through their website at www.thehut.com or via phone at +44 (0) 1606 811 863

Their registered office address is at Meridian House, Gadbrook Park, Rudheath, Northwich, Cheshire, CW9 7RA, United Kingdom.\n\nIn conclusion, THE HUT.COM LIMITED is a successful and sustainable e-commerce company that offers a wide range of products and services to its customers

With a strong leadership team and a commitment to sustainability, the company continues to grow and provide exceptional online retail experiences

Financial Metrics

Cash
£5,545,000
Net Worth
-£325,429,000
Total Current Assets
£2,457,192,000
Total Current Liabilities
£3,051,071,000

Company Location