BRITISH AMERICAN TOBACCO GLOBAL TRAVEL RETAIL LIMITED
Company Information
- Company Number
- 09913893
- Registered Address
- Globe House, 1, Water Street, London, WC2R 3LA
- Status
- Active
- Employee Count
- 0
- Turnover
- Coming Soon
- EBITDA
- -£47,919
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 December 2015
- Nature of Business
- 47260 - Retail sale of tobacco products in specialised stores
- Industries
- Supply Chain
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| 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 2021 - 31 Dec 2021 | 24 Jan 2022 | 49 | 39% | 41% | 20% | 38% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 37 | 48% | 41% | 11% | 29% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 44 | 30% | 49% | 21% | 14% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 43 | 31% | 54% | 14% | 12% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 42 | 29% | 52% | 19% | 10% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 42 | 31% | 56% | 13% | 11% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 38 | 35% | 51% | 14% | 16% |
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
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
90
Dispute Resolution Process
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.
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 Tobacco Global Travel Retail Limited is a subsidiary of British American Tobacco (BAT), one of the world's leading tobacco companies. The company operates in the global travel retail sector, providing tobacco products and services to customers in airports, cruise ships, and other travel outlets.
As part of its commitment to sustainability, British American Tobacco Global Travel Retail Limited has developed a sustainability program called "Transforming Tobacco", which aims to reduce the environmental impact of its operations and promote responsible tobacco use. This includes efforts to reduce waste, manage water and energy resources, and promote sustainable agriculture practices.
The company offers a wide range of tobacco products under its various brands such as Dunhill, Lucky Strike, and Pall Mall. These products are available in different formats, including cigarettes, cigars, and rolling tobacco, to cater to the diverse preferences of its customers.
The key people at British American Tobacco Global Travel Retail Limited include Managing Director, Luca Pescante, and Finance Director, David Mitchell. The company can be contacted through its website, which provides information on its products, sustainability efforts, and career opportunities. The registered office address is Globe House, 4 Temple Place, London, WC2R 2PG, United Kingdom.
In conclusion, British American Tobacco Global Travel Retail Limited is a leading player in the global travel retail sector, offering a wide range of tobacco products and services while also prioritizing sustainability. With its dedicated team and commitment to responsible business practices, the company continues to thrive in the competitive travel retail market.
