BEAM SUNTORY UK LIMITED
Company number: 05591988
Reporting period:
1 January 2025 to 30 June 2025
Report filed on:
8 September 2025
Approved by:
Craig Martin
Payment statistics
Average time taken to pay invoices: 53 days
Total value paid:
- within 30 days: £16,058,596 (27%)
- in 31 to 60 days: £32,151,970 (54%)
- in 61 days or more: £10,843,499 (18%)
Invoices paid:
- within 30 days: 11%
- in 31 to 60 days: 54%
- in 61 days or more: 35%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £40,548,689
- payments due in the reporting period which have not been paid within the agreed period: 62%
Payment terms
Shortest standard payment periods
0 days
Longest standard payment period
60 days
Standard payment terms
60 days is the standard one but we also have some vendors with 0 and 7 days payment terms.
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
Our payment days are every Wednesday, and we include invoices due up to that same day.While this may technically result in a slight delay for some invoices, itis simply a matter of our payment scheduling. All payments are made in a timely manner, and this approach ensures consistency and efficiency in our payment process.
Dispute resolution process
Invoices that are not approved or do not meet the system’s criteria for payment are automatically flagged for review. These cases are then referred back to the assigned account handler, who investigates the issue, determines the cause, and provides guidance on how to resolve it. This process helps ensure that any payment delays are addressed efficiently and accurately.
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