THG BEAUTY LIMITED
Company Information
- Company Number
- 13400467
- Registered Address
- Icon 1 7-9 Sunbank Lane, Ringway, Altrincham, United Kingdom, WA15 0AF
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 May 2021
- Nature of Business
- 64209 - Activities of other holding companies not elsewhere classified
- Industries
- Coming Soon
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
THG BEAUTY LIMITED exhibits an average payment time of 60 days, but a substantial 42% of payments extend beyond this period. While 37% are paid within 30 days, the high percentage of payments over 60 days indicates a consistent trend towards slower payment cycles for a significant portion of their obligations.
Volatility Analysis
The 42% of payments exceeding 60 days, alongside a 39% late payment rate, points to notable payment unpredictability and inconsistency. This profile suggests a higher risk of delayed cash flow for suppliers, making accurate financial forecasting challenging due to variable payment behavior.
Summary Analysis
Suppliers should anticipate extended payment cycles and a high likelihood of late payments when dealing with THG BEAUTY LIMITED, given the 60-day average and 39% late payment rate. It is advisable to factor in these extended terms into pricing structures or explore upfront payment options to mitigate potential cash flow strain and manage the inherent payment risk.
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 2025 - 30 Jun 2025 | 12 Aug 2025 | 60 | 37% | 21% | 42% | 39% |
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
THG Beauty's standard payment terms are: Stock: Typically the end of the month after calculating the invoice date + 60 days. Non-stock: Typically the end of the month after calculating the invoice date + 60 days. The Company works flexibly with suppliers to ensure agreed terms are acceptable for both parties.
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
90
Dispute Resolution Process
Supplier queries and disputes are to be sent to the Accounts Payable department at the following email address: apqueries.beauty@thehutgroup.com. Suppliers have allocated representatives who will liaise internally with the relevant buying team and/or warehouse in order to resolve the query. Emails are usually responded to within two working days. If disputes cannot be resolved by the Accounts Payable department they are escalated within the business 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
Company Summary
THG BEAUTY LIMITED is an active private limited company operating within the beauty sector
As a private limited company, it is established as a distinct legal entity engaged in commercial activities in the UK
The company was incorporated on 16 May 2021 and holds the company number 13400467
Its registered office is located at Icon 1 7-9 Sunbank Lane, Ringway, Altrincham, United Kingdom, WA15 0AF, within the North West region
Private limited companies within the UK beauty market typically engage in the retail, distribution, or manufacturing of cosmetic products, skincare, haircare, and fragrances
Their operations can also extend to providing beauty services through salons, spas, or dedicated online platforms
