Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Oct 2020 - 30 Nov 2020 | 29 Apr 2021 | 37 | 45% | 42% | 13% | 80% |
| 01 Apr 2020 - 30 Sept 2020 | 23 Oct 2020 | 36 | 46% | 45% | 9% | 79% |
| 01 Oct 2019 - 31 Mar 2020 | 30 Apr 2020 | 36 | 46% | 45% | 9% | 80% |
| 01 Apr 2019 - 30 Sept 2019 | 01 Nov 2019 | 36 | 46% | 46% | 8% | 79% |
| 01 Oct 2018 - 31 Mar 2019 | 30 Apr 2019 | 33 | 51% | 44% | 5% | 76% |
| 01 Apr 2018 - 30 Sept 2018 | 26 Oct 2018 | 37 | 49% | 44% | 7% | 76% |
| 01 Oct 2017 - 31 Mar 2018 | 26 Apr 2018 | 39 | 50% | 41% | 9% | 76% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our shortest standard payment term is immediate payment, our longest standard payment term is 90 days from date of invoice. We offer a range of standard payment terms to suppliers taking account of the nature of the commercial arrangements entered into, and timing of the execution of their goods and services provided to us
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
90
Please refer to the link http://www.imperialbrandsplc.com/content/dam/imperial-brands/corporate/about-us/governance/Code_of_Conduct/Supplier_CoC/2018%20Supplier%20Code_English.pdf
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
IMPERIAL TOBACCO INTERNATIONAL LIMITED is a converted / closed converted/closed company, incorporated on 20 July 1911, based in the South West region. Registered business activity: Wholesale of tobacco products.
From Companies House records.