HALEON UK TRADING LIMITED
Company number: 09237643
Reporting period:
1 January 2025 to 30 June 2025
Report filed on:
30 July 2025
Approved by:
Georgi Roussev
Payment statistics
Average time taken to pay invoices: 68 days
Total value paid:
- within 30 days: £52,011,755 (19%)
- in 31 to 60 days: £56,161,034 (21%)
- in 61 days or more: £161,384,972 (60%)
Invoices paid:
- within 30 days: 16%
- in 31 to 60 days: 23%
- in 61 days or more: 61%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £11,265,107
- payments due in the reporting period which have not been paid within the agreed period: 4%
- not made in the reporting period due to a dispute: 27%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
120 days
Standard payment terms
• Immediate
• 30 days
• 60 days
• 45 days
• 30 days and 5th of the following month
• 60 days and 5th of the following month
• 90 days
• 120 Days
Payments are made from invoice receipt date
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
120 days
120d from rcpt date
For Publics as per the global contract we should have 120 days pay terms
Any other information about payment terms
• Statistics Reported:
• Intercompany invoices and performance have been excluded from reported statistics as these are generally wholly owned group companies and would distort performance if included.
• Payment terms for SMEs and 'Paid on Time' monitoring:
• Preferential payment terms of 30 days are put in place for vendors that are confirmed as SMEs (Small and Medium Enterprises).
• We closely monitor our KPIs on a weekly basis to ensure that vendors (including SMEs) are paid on time. Corrective actions are taken to remedy any late payment issues where these are within the entity’s control.
Dispute resolution process
We offer our suppliers the following support and service:
• Speak Up Channels: Our supplier web pages provide details and a link to our Speak Up channels. These channels allow suppliers to raise concerns, with options to do so anonymously. While anonymity is available, providing detailed information about the issue and the complainant can aid in resolving matters more effectively.
• Customer Relationship Management (CRM): We have invested in CRM systems to ensure effective and independent follow-up and support for suppliers who raise issues. This system helps maintain strong relationships and address concerns promptly.
• Helpdesk Support System: Suppliers can log enquiries and complaints through our Helpdesk support system via email or telephone. Common issues include incorrect invoice submissions, discrepancies in payment terms, and errors in purchase order details. We monitor key performance metrics to ensure the quality of our Helpdesk support
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
Yes
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.
Yes
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No