| 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 Jul 2025 - 31 Dec 2025 | 23 Jan 2026 | 122 | 2% | 9% | 89% | 5% |
| 01 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 119 | 2% | 12% | 86% | 4% |
| 01 Jun 2024 - 31 Dec 2024 | 14 Jan 2025 | 122 | 2% | 11% | 87% | 17% |
| 01 Jan 2024 - 30 Jun 2024 | 15 Aug 2024 | 124 | 4% | 10% | 86% | 21% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 129 | 6% | 10% | 85% | 15% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 126 | 3% | 10% | 87% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 126 | 3% | 7% | 90% | 9% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 123 | 3% | 7% | 90% | 15% |
| 01 Jul 2021 - 31 Dec 2021 | 11 Feb 2022 | 121 | 5% | 7% | 88% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 112 | 6% | 10% | 84% | 8% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jul 2020 | 119 | 4% | 9% | 87% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 118 | 4% | 9% | 87% | 19% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 112 | 12% | 9% | 79% | 13% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 112 | 12% | 9% | 79% | 6% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 112 | 10% | 9% | 81% | 23% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
RB’s standard payment terms are that payment is made on the first working day after the end of the month in which falls the ninetieth (90) day after the date of the relevant invoice. We do have suppliers on payment terms which are different to the standard.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The company has a policy to ensure that small suppliers are able to opt for a 30-day payment period. https://www.reckitt.com/sustainability/policies-and-reports/
Maximum contractual payment period agreed
180
RB aims to resolve queries or disputes regarding invoices and payment as quickly as possible. In the first instance, suppliers should speak with their RB contact who can liaise with the Accounts Payable team. Alternatively, suppliers can contact the Accounts Payable team directly. When resolved, the invoice will be available for payment on the next standard payment run.
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
RECKITT BENCKISER (UK) LIMITED is a leading consumer goods company based in the United Kingdom. It was formed in 1999 through the merger of Reckitt & Colman plc and Benckiser NV.
The company's main focus is on manufacturing and distributing a wide range of household, health, and personal care products. Some of their well-known brands include Dettol, Lysol, Nurofen, and Durex. They also offer products for baby and child care, oral care, and nutrition.
In addition to their products, RECKITT BENCKISER (UK) LIMITED is dedicated to sustainability and has a strong sustainability program in place. They have set ambitious goals to reduce their environmental impact, such as achieving zero waste to landfill by 2025 and using 100% renewable electricity in their operations by 2030. They also prioritize responsible sourcing and have initiatives in place to improve the lives of their suppliers and workers.
The company's key people include Laxman Narasimhan, the CEO, and Rupert Bondy, the Chairman of the Board. They lead a team of over 40,000 employees worldwide.
For contact information, the company's website is www.rb.com and their registered office address is at 103-105 Bath Road, Slough, Berkshire, SL1 3UH, United Kingdom. Overall, RECKITT BENCKISER (UK) LIMITED is committed to providing high-quality products and services while also striving towards a more sustainable future.
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