THE BEAUTY TECH GROUP TRADING LIMITED
Company number: 06805380
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
27 July 2026
Approved by:
Samuel Nathan Glynn
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 30 days
Total value paid:
- within 30 days: £36,478,057 (71%)
- in 31 to 60 days: £12,576,624 (24%)
- in 61 days or more: £2,580,814 (5%)
Invoices paid:
- within 30 days: 58%
- in 31 to 60 days: 35%
- in 61 days or more: 7%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £24,521,605
- payments due in the reporting period which have not been paid within the agreed period: 68%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
The Company does not operate a single set of standard payment terms across all qualifying contracts. Payment terms are agreed with each supplier at onboarding and are stated on the purchase order or supplier agreement. The most frequently used payment period is 30 days from date of invoice. Agreed terms across the supplier base range from payment on receipt to 90 days, reflecting the nature of the goods or services supplied. Invoices are submitted and tracked electronically through the Company's accounts payable platform, and payments are made by scheduled payment runs.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
90 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
Suppliers who have a question or dispute about an invoice or payment should contact the Company's Accounts Payable team in the first instance, using the contact details provided at supplier onboarding or on their remittance advice. Suppliers submitting invoices through the Company's electronic invoicing platform can also track invoice status and raise queries directly through that platform. When a dispute is raised, the Accounts Payable team will acknowledge it, investigate with the relevant budget holder or procurement contact, and aim to resolve it promptly; where an invoice is partially disputed, the undisputed element is processed for payment on normal terms. Disputes that cannot be resolved by the Accounts Payable team are escalated to the Company's finance management team. Suppliers may also raise concerns with their usual commercial contact at any time.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
Yes
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No