Supplier Payment Practices

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We report on the progress and performance of our legal entities in the payment to our 25,000 suppliers

Supplier Payment Practices

​Our payment practices and performance reporting

Payment Practices and Performance legislation requires employers with 250 or more employees to publish calculations every six months showing how they are performing in terms of how we are paying suppliers for goods and services. You can read more on the Government’s website which can be found by clicking here.

In the UK & Ireland we have seven legal entities that qualify for this threshold, some of their data is presented here, while a full report, containing all the reportable data can be downloaded below. 

OUR PERFORMANCE AND MANDATORY INFORMATION

Seven or our legal entities meet the criteria required [more than 250 employees] to need to report our performance.

The below mandatory calculations must be shown, these include:

Details of payment practices, terms and changes to terms

How long invoices take to be paid

The proportion of invoices paid late (i.e. later than agreed terms)

Whether the business provides certain payment services to suppliers

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PERIOD JULY- DECEMBER 2023

READ OUR LATEST REPORT