PAIDLATE by YORXEN
← New check

Their own payment-practices filing · gov.uk

How long does HFC Prestige Products Limited take to pay its suppliers?

CRN 00923687 · 4 statutory reports on record · period to 30 Jun 2019

13days
their reported average time to pay suppliers, latest period
Well behindvs a 31-day median across 6,185 recent filers

Self-reported figure from their statutory filing. How this is compiled.

Share
Dated record. The latest report covers a period ending 30 Jun 2019 and the company hasn’t filed since (it may have dropped below the reporting threshold). Treat the figures as historical.

Terms vs reality

Stated terms: 120 days. Reported average: 13.

Stated terms120d
-107 days
Reported avg13d

At a glance

The key figures

120d
their stated terms
100%
invoices paid outside terms
-16d
faster over the window
±9d
variable pattern

Vs peers · latest reported averages

fasterslower
Faster than 93% of large companies reporting.

The pattern

Getting faster

Average days to pay across their last 4 statutory reports.

terms 120d
29
31
16
13
H2 2017H1 2018H2 2018H1 2019

Where their supplier invoices land · latest period

within 30 days 100% 31–60 days 0% 61+ days 0%

The read · computed from their figures

HFC Prestige Products Limited has filed 4 statutory payment periods (earliest H2 2017). Their latest report puts the average at 13 days against stated terms of 120 days.

The direction is faster: from 29 to 13 days over the window — about 16 days faster.

In the latest period 100% of invoices were paid outside their agreed terms, and 0% landed 61+ days out.

In their own words · from the filing

Standard payment terms

For 3rd party suppliers the standard payment terms are 120 days. Intercompany payments on immediate payment terms.

Dispute resolution

The firm has a dedicated Finance Service Desk, which is reachable by phone and email. Vendors with invoice queries need to contact this team and if the service desk team is not able to resolve they escalate the issue to the Accounts Payable team. The Accounts Payable team will reach out to the invoice contact if not clear from the system why the invoice has not been approved for payment. If resolution is still not possible then the standard process is to be followed per the UK Terms & Conditions (for Goods and Services) as referenced above.

Other information

The higher than usual percentage of ‘Invoices due but not paid within agreed terms’ is due to the late payment of certain high value intercompany invoices that are on immediate payment terms. Following the merger with the P&G Beauty business, the next step in the local integration journey, has been to simplify the way the UK business interacts with its customers. The restructuring has enabled customers to order the full range of the Coty group divisional product portfolio in a single order, which in turn can be shipped and billed with a single invoice. As a result of this following the year end the group has transferred the trade and assets of the company to another UK group company on the 1st September 2018.

Every statutory report on record

Most recent first.

PeriodAvg daysOutside terms61+ daysFiled
H1 201913100%0%15 Aug 2019
H2 20181670%0%25 Jun 2019
H1 20183146%11%1 Aug 2018
H2 20172953%12%18 Jun 2018

Quick answers

Are they getting slower or faster?
Their reported average has moved about 16 days faster over the window (29 → 13 days).
What's their typical pay point?
Their latest reports average around day 13, moving within about ±9 days. Treat that as a historical reference point, not a promise for a new invoice.
Can I see what this means for my invoices?
Run the live check — it re-reads their record and their live Companies House file, on the amount you invoice.

Stay ahead

Watch HFC Prestige Products Limited (free)

Their next payment report is due ≈ 26 Jan 2020. We watch their public record and email you when something changes — a new payment report, late filings, insolvency markers, new charges.

You’ll get a confirmation email first. Unsubscribe any time. How we handle your address.

How UK payment reporting works

What is a Payment Practices Report?
UK companies and LLPs above a size threshold — broadly, two of: turnover over £54m, balance sheet over £27m, or more than 250 employees — must report twice a year, under the Reporting on Payment Practices and Performance Regulations 2017, how quickly they actually pay suppliers: the average time to pay, the share of invoices paid in 30 days or fewer, 31 to 60 days and 61 days or longer, and their standard payment terms. Those thresholds apply to financial years beginning on or after 6 April 2025; for earlier financial years they were £36m and £18m, with the same 250-employee test.
What does "paid outside agreed terms" mean?
The share of invoices paid later than the terms in the supplier contract. If terms are 30 days and an invoice is paid on day 45, it counts as paid outside terms, regardless of the headline average.
How often is this data updated?
Each report covers a six-month period and must be filed within 30 days of that period ending, so a company's record refreshes roughly twice a year. PaidLate re-reads the register as new reports are filed.
Is this official government data?
The underlying payment figures come from the company's own statutory filings on the gov.uk payment-practices service; company-status data comes from Companies House. PaidLate calculates trends, comparisons and summaries from those records. It does not use surveys or credit-agency scores.

How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.

The 31-day comparison figure is the median across 6,185 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).

Report PL-00923687 · latest period to 30 Jun 2019

Verify the original Companies House file

Built by YORXEN LTD · registered in England & Wales · CRN 17303256 · privacy · terms.