ON THE BEACH LIMITED
Company number: 03162982
Reporting period:
1 April 2026 to 30 September 2026
Report filed on:
29 October 2026
Approved by:
Jon Wormald
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: 24 days
Total value paid:
- within 30 days: £530,521,586 (98%)
- in 31 to 60 days: £8,114,006 (2%)
- in 61 days or more: £1,830,700 (< 1%)
Invoices paid:
- within 30 days: 91%
- in 31 to 60 days: 4%
- in 61 days or more: 5%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £19,160,006
- payments due in the reporting period which have not been paid within the agreed period: 7%
- not made in the reporting period due to a dispute: 7%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
30 days
Standard payment terms
On the Beach agrees suitable payment terms with each supplier, with 30 days being the most commonly used payment term during the reporting period. Payment is made on the payment run prior to the invoice due date.
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
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
On the Beach endeavours to resolve all disputes in a fair and timely manner. Payment date queries will be resolved directly by our Purchase Ledger Team who can be contacted at nontradeinvoices@onthebeach.co.uk. Contractual disputes are typically resolved via discussion and agreement between the supplier and the On the Beach representative dealing with the particular purchase. Once the issue is resolved, the invoice will be available for payment on the next standard payment run.
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