BOOTS UK LIMITED
Company number: 00928555
Reporting period:
1 March 2026 to 31 August 2026
Report filed on:
30 September 2026
Approved by:
Samuel Hunter
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: 35 days
Total value paid:
- within 30 days: £1,542,192,864 (36%)
- in 31 to 60 days: £1,321,853,512 (31%)
- in 61 days or more: £1,435,605,484 (33%)
Invoices paid:
- within 30 days: 58%
- in 31 to 60 days: 34%
- in 61 days or more: 8%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £417,441,754
- payments due in the reporting period which have not been paid within the agreed period: 2%
- not made in the reporting period due to a dispute: 3%
Payment terms
Shortest standard payment periods
75 days
Longest standard payment period
136 days
Standard payment terms
With respect to goods purchased for resale (GFR), payment will be made in the weekly payment run that follows the 75th day (or following business day should this fall on a weekend or public holiday) after the end of the month on the later of: (i) the date of invoice; (ii) the date of receipt of a valid invoice; and (iii) the date on which we receive the relevant goods and services in full. Boots will make a deduction of 2.5% of the invoice value after VAT for payment made by that date.
With respect to goods and services not for resale (GNFR), standard settlement terms are 2.5% 105 days end of month. This means that payment will be made on the 105th day (or following business day should this fall on a weekend or public holiday) after the end of the month of invoice, with a deduction of 2.5% of the invoice value before VAT for payment made by that 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
136 days
The 136 days end-of-month calculation means an invoice received on the 1st of a month could theoretically be paid 136 days later.
Any other information about payment terms
The average payment days is lower than the standard reported terms owing to the high volume of Group company payments which are typically on shorter terms than third party suppliers, and suppliers with individually negotiated non-standard terms.
Dispute resolution process
Purchase orders contain contact details (email and/or telephone) for the relevant help desk or department to which payment queries should be directed by supplier. Queries are managed in accordance with internal processes and dealt with as quickly as possible.
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