| 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 2023 - 31 Dec 2023 | 25 Jan 2024 | 23 | 66% | 34% | 0% | 68% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 17 | 85% | 15% | 0% | 86% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
V030 - net 30 days from invoice date
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
"If suppliers have any queries related to invoices and payments they can contact fsd_uk@bat.com, which acts as an information center. FSD UK 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 UK will direct the suppliers to the relevant BAT personnel to obtain information about their 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.
❌
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.
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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
This company is registered as a non-trading entity, with its SIC code confirming it holds no active trading activity. It forms part of the wider British American Tobacco group, a multinational business that manufactures and sells tobacco and nicotine products, including cigarettes, vapour, heated tobacco and modern oral products, to consumers worldwide. The company's name suggests an original link to logistics operations connected with the Taiwan market, though no current trading, staffing or logistics activity is evidenced for this specific registered entity. It remains registered at the group's London head office address and should be understood as a dormant or holding entity within the broader BAT corporate structure rather than an operating business in its own right.
Generated from the company's website and Companies House records. Sources: bat.com