TAKEDA UK LIMITED
Company number: 03362860
Reporting period:
1 October 2025 to 31 March 2026
Report filed on:
18 June 2026
Approved by:
Itaru Miura
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: 43 days
Total value paid:
- within 30 days: £19,199,916 (43%)
- in 31 to 60 days: £19,556,727 (44%)
- in 61 days or more: £5,389,830 (12%)
Invoices paid:
- within 30 days: 44%
- in 31 to 60 days: 44%
- in 61 days or more: 12%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £8,369,212
- payments due in the reporting period which have not been paid within the agreed period: 10%
- not made in the reporting period due to a dispute: 1%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Our standard payment terms are typically net 30 days from the invoice date, unless otherwise specified in the contract.
Invoices are expected to comply with agreed billing requirements, and payment is made via electronic bank transfer. In certain cases, alternative terms may be applied based on contractual agreements, supplier arrangements, or local regulatory requirements.
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
No further comment provided
Dispute resolution process
Our standard dispute resolution process involves promptly identifying and investigating any issues in collaboration with the relevant stakeholders.
Disputes are first addressed through direct discussion between the parties to seek a timely and mutually agreeable resolution. If needed, the issue is escalated to management or appropriate functions (e.g., Finance, Legal) for further review and resolution.
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.
Yes, this business has signed up to: Prompt Payment Code (UK)
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.
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