THG NUTRITION LIMITED
Company Information
- Company Number
- 13400484
- 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
The average payment time for THG NUTRITION LIMITED is a significantly extended 104 days, indicating a consistent trend towards very slow disbursements. A substantial 70% of invoices are settled over 60 days, while only 17% are paid within 30 days, reinforcing a trajectory of prolonged payment cycles.
Volatility Analysis
The high proportion of payments exceeding 60 days (70%) combined with a 41% late payment rate indicates low reliability and significant unpredictability in payment scheduling. This pattern creates substantial cash flow risk for suppliers, as timely receipt of funds cannot be reliably anticipated.
Summary Analysis
THG NUTRITION LIMITED presents a high payment risk for suppliers, characterized by very slow average payment times and a high incidence of late payments. Suppliers should factor in extended payment terms and potential delays, considering options like upfront payments, stricter credit limits, or enhanced payment terms to mitigate financial exposure.
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 | 104 | 17% | 13% | 70% | 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
Outside of suppliers utilising supply chain finance, THG Nutrition's standard payment terms are: Stock: Typically the end of the month after calculating the invoice date + 90 days. Non-stock: Typically the end of the month after calculating the invoice date + 90 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
160
Dispute Resolution Process
Supplier queries and disputes are to be sent to the Accounts Payable department at the following email address: Stock & non stock invoices - APInvoices.Nutrition@thehutgroup.com, Stock suppliers have allocated representatives who will liaise internally with the relevant buying team and/or warehouse in order to resolve the query. Non-stock suppliers’ queries and disputes are dealt with by the Accounts Payable team. Emails are usually responded to within three 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.
❌
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
THG NUTRITION LIMITED is an active private limited company specialising in the nutrition sector
The company was incorporated on 16 May 2021 with company number 13400484
Its registered office is located at Icon 1 7-9 Sunbank Lane, Ringway, Altrincham, United Kingdom, WA15 0AF, placing it within the North West region
As a private limited company in the nutrition sector, it typically focuses on the development, manufacturing, and distribution of nutritional products
These commonly include dietary supplements, sports nutrition, vitamins, minerals, and other health-related food and beverage items for the UK market
