BRITISH AMERICAN TOBACCO (INVESTMENTS) LIMITED
Company Information
- Company Number
- 00074974
- Registered Address
- Globe House, 1 Water Street, London, WC2R 3LA
- Status
- Active
- Employee Count
- 819
- Turnover
- Coming Soon
- EBITDA
- -£86,398,000
Additional Details
- Website
- https://bat.com
- Company Type
- Private limited Company
- Incorporated On
- 27 September 1902
- Nature of Business
- 70100 - Activities of head offices
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 | 24 Jul 2025 | 44 | 50% | 30% | 20% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Jan 2025 | 43 | 46% | 36% | 18% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 44 | 46% | 32% | 21% | 9% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 42 | 48% | 32% | 20% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 44 | 36% | 41% | 23% | 27% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 46 | 41% | 35% | 24% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 41 | 41% | 38% | 21% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 24 Jul 2019 | 40 | 41% | 44% | 15% | 19% |
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
V030- payment after net 30 days from invoice date. Some contracts contain a fortnightly payment run clause that states Suppliers accept that BAT’s payment processing centres operate a fortnightly payment run system and that, if the due date for payment of the Valid Invoice falls after the fortnightly payment run day in the relevant week, the Valid Invoice will be paid on the following fortnightly payment run day. This clause is agreed with Suppliers as part of the contract negotiation process before it is implemented.
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
120
Dispute Resolution Process
If suppliers have any queries related to invoices and payments they can contact fsd_uk@bat.com, which acts as an information center. FSD UK will provide details such as status of invoices, date of payments and statement of account reconciliations. For any dispute related to the terms and conditions agreed, FSD UK will direct the suppliers to the relevant BAT personnel to obtain information about their query.
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
British American Tobacco (Investments) Limited is a leading global tobacco company with a strong commitment to sustainability. The company operates in over 180 countries and has a diverse portfolio of tobacco and nicotine products.
One of the main activities of British American Tobacco (Investments) Limited is the production and sale of cigarettes, cigars, and other tobacco products. However, the company is also investing heavily in its sustainability program, which focuses on reducing its environmental impact, promoting responsible farming practices, and supporting the communities in which it operates.
The company's sustainability program, called "Transforming Tobacco", aims to achieve a more sustainable and responsible tobacco industry. This includes reducing the environmental impact of its operations by implementing energy-efficient practices and reducing waste. The program also focuses on promoting sustainable and responsible farming practices among its tobacco suppliers, as well as providing support and training for farmers to improve their livelihoods.
British American Tobacco (Investments) Limited is also committed to supporting the communities in which it operates. The company has various initiatives in place, such as supporting education and providing disaster relief, to improve the lives of people in these communities.
The company is led by a team of experienced and dedicated individuals, including its CEO, Jack Bowles. The registered office address for British American Tobacco (Investments) Limited is Globe House, 4 Temple Place, London, WC2R 2PG, United Kingdom. The company's website, www.bat.com, provides more information about its products, sustainability program, and other initiatives.
In conclusion, British American Tobacco (Investments) Limited is a global tobacco company that is committed to sustainability and responsible business practices. Through its sustainability program and community initiatives, the company is working towards a more sustainable and responsible future for both its business and the wider tobacco industry.
