BRITISH AMERICAN SHARED SERVICES (GSD) LIMITED

PaymentCheck Score 2025
46Poor
0.9vs last year
#3871 in UK
#1372 in London

Company Information

Company Number
05203401
Registered Address
Globe House, 1 Water Street, London, WC2R 3LA
Status
Active
Employee Count
62
Turnover
Coming Soon
EBITDA
£113,659,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 August 2004
Nature of Business
62090 - Other information technology service activities
Industries
Software
Region
London

Time to Pay

Average Time to Pay
50 days
Shortest Period:60 days
Longest Period:285 days
Max Contractual:285 days

Payment Timeline

Within 30 Days
14%
31-60 Days
70%
After 60 Days
16%
Not Paid Within Terms8%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202529 Jul 20255417%59%24%14%
01 Jul 2024 - 31 Dec 202429 Jan 20255014%70%16%8%
01 Jan 2024 - 30 Jun 202430 Jul 20245618%56%26%14%
01 Jul 2023 - 31 Dec 202323 Jan 20246228%40%32%15%
01 Jan 2023 - 30 Jun 202325 Jul 20236121%47%32%10%
01 Jul 2022 - 31 Dec 202226 Jan 20235726%45%29%13%
01 Jul 2021 - 31 Dec 202101 Feb 20226931%42%27%16%
01 Jan 2021 - 30 Jun 202128 Jul 20215235%40%25%19%
01 Jan 2020 - 30 Jun 202029 Jul 20205935%33%31%23%
01 Jan 2019 - 30 Jun 201925 Jul 20197122%33%45%1%
01 Jul 2018 - 31 Dec 201828 Jan 20196335%26%38%0%

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

V060 - Net 60 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

285

Dispute Resolution Process

If suppliers have any queries related to invoices and payments they can contact fsd_aspac@bat.com, which acts as an information center. FSD Aspac 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 Aspac 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 SHARED SERVICES (GSD) LIMITED is a leading global shared services company, providing a wide range of services to British American Tobacco (BAT) and other companies within the BAT Group. The company was founded in 2003 and is headquartered in Southampton, United Kingdom.

The company's sustainability program, called "The Good Growth Plan", focuses on five areas: agriculture, environment, human rights, sustainable supply chain, and reducing waste. The company is committed to reducing its environmental impact and promoting sustainable practices throughout its operations. They have set ambitious goals to achieve by 2025, such as reducing their carbon footprint and water usage by 50%, and reducing waste to landfill by 30%.

BRITISH AMERICAN SHARED SERVICES (GSD) LIMITED offers a wide range of services, including finance, information technology, human resources, procurement, and legal services. They also provide support for key business processes, such as sales and marketing, supply chain, and research and development. Their services are designed to improve efficiency, reduce costs, and drive innovation within the BAT Group.

The company is led by a team of experienced professionals, including the CEO, Mark Phillips. The company's registered office address is at Globe House, 1 Waterfront Avenue, Southampton, SO15 1HZ, United Kingdom.

For more information about BRITISH AMERICAN SHARED SERVICES (GSD) LIMITED, their services, and sustainability program, please visit their website at www.bat.com/sharedservices.

Financial Metrics

Cash
£3,281,000
Net Worth
£231,982,000
Total Current Assets
£350,350,000
Total Current Liabilities
£119,505,000

Company Location