| 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 2025 - 31 Mar 2026 | 24 Apr 2026 | 32 | 56% | 40% | 4% | 4% |
| 01 Apr 2025 - 30 Sept 2025 | 27 Oct 2025 | 35 | 47% | 50% | 3% | 3% |
| 01 Oct 2024 - 31 Mar 2025 | 28 May 2025 | 32 | 55% | 43% | 2% | 3% |
| 01 Apr 2024 - 30 Sept 2024 | 12 Nov 2024 | 34 | 53% | 42% | 5% | 3% |
| 01 Oct 2023 - 31 Mar 2024 | 24 Apr 2024 | 37 | 42% | 54% | 4% | 3% |
| 01 Apr 2023 - 30 Sept 2023 | 01 Nov 2023 | 37 | 36% | 60% | 4% | 3% |
| 01 Oct 2022 - 31 Mar 2023 | 27 Apr 2023 | 39 | 39% | 56% | 5% | 3% |
| 01 Apr 2022 - 30 Sept 2022 | 11 Oct 2022 | 37 | 45% | 50% | 5% | 3% |
| 01 Oct 2021 - 31 Mar 2022 | 23 Sept 2022 | 42 | 39% | 58% | 3% | 3% |
| 01 Apr 2021 - 30 Sept 2021 | 23 Sept 2022 | 43 | 33% | 64% | 3% | 10% |
| 01 Oct 2020 - 31 Mar 2021 | 05 May 2021 | 43 | 33% | 64% | 3% | 10% |
| 01 Apr 2020 - 30 Sept 2020 | 05 May 2021 | 42 | 24% | 70% | 6% | 12% |
| 01 Oct 2019 - 31 Mar 2020 | 05 May 2021 | 42 | 23% | 70% | 7% | 12% |
| 01 Jul 2019 - 30 Sept 2019 | 05 May 2021 | 44 | 22% | 74% | 4% | 12% |
| 01 Oct 2018 - 31 Mar 2019 | 04 Jun 2019 | 46 | 16% | 72% | 12% | 12% |
| 01 Apr 2018 - 30 Sept 2018 | 04 Jun 2019 | 44 | 22% | 68% | 10% | 6% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
TTUK pay for products within one month of receipt of invoice unless otherwise agreed in writing. In the case of payments to companies within the Toyota group TTUK shall pay the invoice on the first Working Day after the twenty-fourth day of the month following the month in which the invoice is received.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
56
Where an invoice or any part of it is disputed by TTUK in good faith, TTUK will provide the Supplier with a statement of the amount in dispute together with a list of any invoices which remain outstanding and have yet to be resolved on or before the fifteenth day of the following Month. The Supplier and the Buyer shall seek to resolve the dispute in good faith, in accordance with the escalation procedure set out below and in any event within 3 months of the date of invoice. TTUK shall not be obliged to pay any sums due to the Supplier until any dispute in relation to invoices is resolved. Any dispute arising in connection with any Contract which is stated to be required to be resolved by the escalation procedure shall be resolved as follows: (a) the parties shall refer the dispute to their Directors; (b) if the Directors fail to resolve the dispute within 21 days of referral then either party will be entitled to take such proceedings as they see fit.
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
Toyota Tsusho U.K. Limited is the UK entity of Toyota Tsusho Europe, itself part of the wider Toyota Tsusho Group, a Japanese trading company founded in 1948 as the sales arm of the Toyota Motor Group. The UK company was incorporated in 1991 and is registered in London, with an additional office in Derby. According to its registered activities, it deals in the sale of new cars and light motor vehicles, wholesale of motor vehicle parts and accessories, and wholesale of other machinery and equipment. As part of the Toyota Tsusho Group, it operates within a global network spanning trading, manufacturing, processing, retail and services, with the group's European operations headquartered in Belgium.
Generated from the company's website and Companies House records. Sources: toyota-tsusho-europe.com · toyota-tsusho-europe.com · toyota-tsusho-europe.com