Industry ranking
| 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 | 03 Oct 2025 | 41 | 50% | 41% | 9% | 30% |
| 01 Jul 2024 - 31 Dec 2024 | 06 Feb 2025 | 39 | 51% | 42% | 7% | 36% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 41 | 49% | 40% | 11% | 48% |
| 01 Jul 2023 - 31 Dec 2023 | 24 Jan 2024 | 39 | 54% | 36% | 10% | 37% |
| 01 Jan 2023 - 30 Jun 2023 | 26 Jul 2023 | 42 | 55% | 28% | 17% | 56% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | 32 | 69% | 21% | 9% | 44% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 34 | 62% | 29% | 9% | 51% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 30 | 71% | 21% | 9% | 46% |
| 01 Jan 2021 - 30 Jun 2021 | 05 Aug 2021 | 37 | 56% | 34% | 10% | 39% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 52 | 56% | 22% | 23% | 51% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 54 | 48% | 27% | 25% | 55% |
| 01 Jul 2019 - 31 Dec 2019 | 07 Feb 2020 | 50 | 39% | 35% | 26% | 52% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 31 | 76% | 17% | 7% | 40% |
| 01 Jan 2018 - 30 Jun 2018 | 02 Aug 2018 | 28 | 77% | 20% | 3% | 31% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
For any vendor with USD 150,000 or greater in annual aggregate spend (e.g., aggregating all related subsidiaries under the overall payment company), the Company’s default payment terms are net 120 days or greater from invoice date, subject to local laws and regulations. Vendors with less than USD 150,000 in annual aggregate spend may remain on the net 60 days payment terms.
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
There is a team dedicated to handling queries. Queries are logged and a "ticket" raised to track the timing of resolution. The issue will be directed to the appropriate team ( depending on the nature of the query) .
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Beverage Services Limited is a registered UK company, incorporated in 1986 and based in London. Companies House records classify its business activity as wholesale of fruit and vegetable juices, mineral water and soft drinks, alongside other business support services. The supplied website evidence relates to Coca-Cola Great Britain, the wider Coca-Cola group's consumer-facing site covering its brands, promotions and news in the UK. This suggests the entity operates as part of the Coca-Cola group's UK structure, likely supporting distribution or administrative functions for soft drinks, rather than being the consumer-facing operating brand itself. No further entity-specific operational detail is available from the evidence provided.
Generated from the company's website and Companies House records. Sources: cocacola.co.uk