| 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 | 30 Jul 2025 | 59 | 21% | 47% | 32% | 15% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 64 | 14% | 42% | 44% | 18% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 61 | 14% | 47% | 39% | 21% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 57 | 15% | 53% | 32% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 57 | 15% | 49% | 37% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 57 | 15% | 53% | 32% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 62 | 14% | 46% | 40% | 19% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 64 | 12% | 43% | 45% | 28% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Varies between 10 and 75 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
75
Process involves contacting Accounts Payable via LRS.Queries@suntory.com.
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
LUCOZADE RIBENA SUNTORY LIMITED is a leading soft drinks company based in the United Kingdom. The company is a subsidiary of the Japanese multinational beverage company, Suntory Beverage & Food Limited.
The company's sustainability program is focused on reducing their environmental impact and promoting sustainable practices throughout their operations. They have set ambitious targets to reduce their carbon emissions, water usage, and waste generation. They also have a commitment to sustainable sourcing of ingredients and packaging materials.
LUCOZADE RIBENA SUNTORY LIMITED offers a range of products including the popular energy drink, Lucozade, and the fruit juice brand, Ribena. They also have a range of low-sugar and no-sugar options in their portfolio, catering to the growing demand for healthier drink choices.
The company has a dedicated team of key people, including its CEO, Peter Harding, who is responsible for driving the company's growth and sustainability initiatives. The company also has a strong focus on diversity and inclusion, with a diverse workforce and a commitment to promoting equality in the workplace.
For further information, the company's registered office address is 2 Longwalk Road, Stockley Park, Uxbridge, UB11 1BA, United Kingdom. Their website address is www.lrsuntory.com. Customers can also contact the company through their social media channels, including Twitter, Facebook, and LinkedIn.