BROWN-FORMAN BEVERAGES, EUROPE, LTD
Company number: 04129810
Reporting period:
1 May 2025 to 31 October 2025
Report filed on:
27 November 2025
Approved by:
Sonia Maack
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? No
Payment statistics
Average time taken to pay invoices: 50 days
Total value paid:
- within 30 days: £19,309,801 (36%)
- in 31 to 60 days: £20,658,001 (39%)
- in 61 days or more: £13,324,712 (25%)
Invoices paid:
- within 30 days: 40%
- in 31 to 60 days: 35%
- in 61 days or more: 25%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £17,015,786
- payments due in the reporting period which have not been paid within the agreed period: 50%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
Net 45 days for invoices received from external vendors and either net 30 days or net 60 days for invoices received from other group companies.
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
60 days
No further comment provided
Any other information about payment terms
Please note - we have disclosed the percentage of payments due within the reporting period which were not paid within agreed terms as 50% but payment runs are processed once a week - therefore if we remove those invoices paid up to 7 days late the % comes down to 19%.
Dispute resolution process
Any inquiries or disputes should be directed to the Brown Forman buyer directly, or to apbfbeinvoices@b-f.com
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.
No
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.
No
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