Their own payment-practices filing · gov.uk
Brown-Forman Beverages, Europe, Ltd pays suppliers in 59 days on average — within its stated 30–60 day terms
Their H1 2026 filing puts the average 29 days past the shortest term they state (30 days), still within their 60-day upper term.
- Their stated terms
- 30–60 days
- Paid outside agreed terms
- 48% of invoices
- Paid after 61+ days
- 34%
- Reporting period
- 1 Nov 2025 – 30 Apr 2026
- Source
- their gov.uk filing, filed 29 May 2026
Self-reported figures from their statutory filing. How this is compiled.
Terms vs reality · their H1 2026 filing
Paid within their stated range — 59 against 30–60 days
Where their invoices landed · share of all invoices
The pattern · last 6 of 18 reports
23 → 59 days — slowing down
The read · computed from their figures
Brown-Forman Beverages, Europe, Ltd's H1 2026 filing puts their average at 59 days against stated terms of 30–60 days; 48% of invoices were paid outside agreed terms and 34% took 61 days or longer. Filed 29 May 2026.
The direction is slower: from 23 days in H2 2023 to 59 now — 36 days slower across their last 6 reports.
On the latest reported averages: Slower than 93% of the 593 large companies reporting in administrative & support services.
That is 18 statutory periods on record (earliest H2 2017) — a historical record, not a promise for a new invoice.
In their own words · from the filing
Standard payment terms
Generally 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, notwithstanding the change referred to below.
Dispute resolution
Any inquiries or disputes should be directed to the Brown Forman buyer directly, or to [email protected]
Other information
Of the £38m value of invoices paid late £30m relates to intercompany transactions. Re the 48% of invoices not paid within the agreed terms - payment runs are processed once a week therefore if we remove those invoices paid up to 7 days late the % comes down to 25%.
Every statutory report on record
Most recent first.
| Period | Avg days | Outside terms | 61+ days | Filed |
|---|---|---|---|---|
| H1 2026 | 59 | 48% | 34% | 29 May 2026 |
| H2 2025 | 50 | 50% | 25% | 27 Nov 2025 |
| H1 2025 | 61 | 31% | 31% | 27 May 2025 |
| H2 2024 | 22 | 0% | 0% | 25 Nov 2024 |
| H1 2024 | 28 | 1% | 1% | 24 May 2024 |
| H2 2023 | 23 | 1% | 1% | 29 Nov 2023 |
| H1 2023 | 26 | 1% | 1% | 26 May 2023 |
| H2 2022 | 28 | 2% | 0% | 29 Nov 2022 |
| H1 2022 | 27 | 2% | 1% | 27 May 2022 |
| H2 2021 | 31 | 3% | 1% | 22 Nov 2021 |
| H1 2021 | 29 | 2% | 2% | 26 May 2021 |
| H2 2020 | 28 | 0% | 0% | 25 Nov 2020 |
| H1 2020 | 29 | 1% | 1% | 28 May 2020 |
| H2 2019 | 34 | 2% | 1% | 27 Nov 2019 |
| H1 2019 | 32 | 3% | 1% | 30 May 2019 |
| H2 2018 | 30 | 1% | 1% | 15 Nov 2018 |
| H1 2018 | 45 | 2% | 1% | 29 May 2018 |
| H2 2017 | 42 | 2% | 1% | 29 Nov 2017 |
On the public register · Companies House
Company record
- Status
- Active
- Type
- Private Limited Company
- Incorporated
- 22 Dec 2000
- Registered office
- 45 MORTIMER STREET, LONDON, W1W 8HJ
Illustrative · working-capital arithmetic
What a 59-day cycle ties up
A worked example, not a finding. On a hypothetical £12k/month account, at a 59-day vs a 30-day payment cycle.
Late Payment Act. The Late Payment of Commercial Debts (Interest) Act 1998 lets a supplier charge statutory interest and fixed compensation on invoices paid past agreed terms. Work out what a late invoice is worth → Whether it applies depends on your contract — check with an adviser.
Quick answers · Brown-Forman Beverages, Europe, Ltd
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How UK payment reporting works
What is a Payment Practices Report?
What does "paid outside agreed terms" mean?
How often is this data updated?
Is this official government data?
How this is compiled. Built from official records only: Companies House and the gov.uk payment-practices service. The payment figures are self-reported — companies over the size threshold must file them by law and the board signs them off. No credit-agency data. The numbers are theirs; the plain-English read is ours. This is information compiled from public records under the Open Government Licence v3.0 — not a credit rating and not advice.
The 31-day comparison figure is the median across 6,104 companies with a current statutory report — every sector pooled, not an average of sector medians (how the figure is built).
Report PL-04129810 · latest period to 30 Apr 2026
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