BRITISH AMERICAN TOBACCO EXPORTS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-12 (in 2mo)
Last made up 2025-06-28
Watchouts
Cash
£9M
-51.4% vs 2023
Net assets
£505M
+96.2% vs 2023
Employees
317
+1.6% vs 2023
Profit before tax
£1B
-9.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 3 times since incorporation
- BRITISH AMERICAN TOBACCO EXPORTS LIMITED 2020-06-01 → present
- BRITISH AMERICAN TOBACCO WESTERN EUROPE COMMERCIAL TRADING LIMITED 2015-06-09 → 2020-06-01
- BRITISH AMERICAN TOBACCO (SUPPLY CHAIN WE) LIMITED 2007-04-30 → 2015-06-09
- PRECIS (2459) LIMITED 2004-08-11 → 2007-04-30
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £3,381,955,617 | £3,382,784,327 | |
| Operating profit | £1,548,415,395 | £1,390,230,583 | |
| Profit before tax | £1,617,583,218 | £1,458,732,663 | |
| Net profit | £1,502,306,692 | £1,289,969,660 | |
| Cash | £18,340,846 | £8,917,302 | |
| Total assets less current liabilities | £1,024,755,548 | £3,373,189,147 | |
| Net assets | £257,154,126 | £504,568,308 | |
| Equity | £257,154,126 | £504,568,308 | |
| Average employees | 312 | 317 | |
| Wages | £57,267,684 | £56,332,351 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 45.8% | 41.1% | |
| Net margin | 44.4% | 38.1% | |
| Return on capital employed | 151.1% | 41.2% | |
| Gearing (liabilities / total assets) | 94.3% | 89.3% | |
| Current ratio | 2.08x | 3.23x | |
| Interest cover | 10.94x | 8.36x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared the financial statement on the going concern basis as they do not intend to liquidate the Company or to cease its operations and they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Group structure
- BRITISH AMERICAN TOBACCO EXPORTS LIMITED · parent
- British American Tobacco Italia S.p.A. 100%
- Niconovum AB 100%
- British American Tobacco Switzerland S.A. 100%
Significant events
- “Subsequent to the year end, the Company has received dividends amounting to €300,880,000 and paid dividends amounting to €485,000,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 66 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WORLOCK, Christopher | Secretary | 2026-04-01 | — | — |
| COMIN, Luciano | Director | 2019-11-27 | Mar 1969 | Italian,Argentine |
| MEULEMEESTER, Pascale | Director | 2026-01-01 | Jul 1979 | Belgian |
| MONTEIRO, Frederico Pinto | Director | 2023-04-01 | Jul 1966 | Brazilian |
| OZBAS, Huseyin Ozsan | Director | 2026-02-20 | Oct 1971 | Turkish |
| ROMANYUK, Elena | Director | 2023-04-01 | Mar 1980 | Russian |
Show 66 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, Murray Gilliland Charles | Secretary | 2007-06-01 | 2008-12-26 |
| CORDESCHI, Richard | Secretary | 2008-12-16 | 2012-07-19 |
| ELLIS, Sallie | Secretary | 2012-07-20 | 2015-09-11 |
| GADSDEN-CHAIBOUB, Leila Primrose | Secretary | 2024-10-16 | 2026-04-01 |
| HAYNES, Jessica | Secretary | 2019-07-19 | 2020-03-31 |
| KERR, Sophie Louise Edmonds | Secretary | 2015-09-25 | 2018-07-17 |
| MARTIN, Oliver James | Secretary | 2020-03-31 | 2020-12-18 |
| MARTIN, Oliver James | Secretary | 2018-07-17 | 2019-07-19 |
| MCCORMACK, Peter | Secretary | 2020-12-18 | 2021-11-26 |
| WORLOCK, Christopher | Secretary | 2022-04-20 | 2024-10-16 |
| OFFICE ORGANIZATION & SERVICES LIMITED | Corporate Secretary | 2004-08-11 | 2004-09-03 |
| RISECRETARIES LIMITED | Corporate Secretary | 2004-09-03 | 2007-06-01 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 2004-08-11 | 2004-08-11 |
| AHR, Danika | Director | 2019-11-27 | 2021-05-18 |
| ANDERSON, David Ian Mclaren | Director | 2009-11-09 | 2014-07-03 |
| BARRETT, Andrew James | Director | 2019-11-27 | 2021-07-31 |
| BARROS, Luis Andre E Silva De | Director | 2014-07-02 | 2016-05-31 |
| BARROW, Brian Christopher | Director | 2007-06-01 | 2008-11-25 |
| BARRY, Ronan | Director | 2015-05-21 | 2017-12-31 |
| BRAZIER, Stuart Damon | Director | 2015-05-21 | 2019-01-15 |
| BURTON, Steven James | Director | 2008-04-01 | 2012-10-31 |
| CASEY, Robert James | Director | 2007-06-01 | 2009-05-01 |
| CHRISTIAN, David Malcolm | Director | 2007-06-01 | 2008-07-01 |
| COMIN, Luciano | Director | 2015-05-21 | 2017-12-31 |
| CSEJTEI, Tamas | Director | 2018-08-21 | 2019-11-28 |
| DALE, Steven Glyn | Director | 2010-09-29 | 2014-07-03 |
| DE ALWIS, Hikkaduwe Palliye Gurunnanselage Sandeep Nishan Drupath | Director | 2016-09-28 | 2019-04-01 |
| DEANE, Andrew Ross | Director | 2011-08-16 | 2015-01-20 |
| DEES, Jeroen Abraham Johannes | Director | 2015-01-20 | 2019-11-28 |
| DIJANOSIC, Mihovil James | Director | 2020-09-01 | 2025-12-31 |
| ELLIOTT, Simon Michael | Director | 2014-07-02 | 2015-05-21 |
| FRETTON, James Robert | Director | 2014-07-02 | 2015-05-21 |
| GIUCCA, Luigi | Director | 2019-11-27 | 2023-09-18 |
| GOMEZ GAMBOA, Ivan Vicente | Director | 2018-01-01 | 2019-11-28 |
| HERZOG, Felix Burkhard Walther Ludwig | Director | 2009-05-01 | 2011-07-04 |
| JANSE VAN RENSBURG, Jaco | Director | 2010-07-08 | 2011-10-01 |
| JOHNSTON, Paul Thomas | Director | 2007-06-01 | 2008-03-31 |
| JONES, Jonathan David | Director | 2012-09-24 | 2014-07-03 |
| JONES, Jonathan David | Director | 2008-07-01 | 2010-02-26 |
| KIRST, Luciano Mario Sperb | Director | 2023-09-18 | 2026-02-20 |
| KLAMMER, Barbara Carol | Director | 2007-06-01 | 2009-11-09 |
| LUEMKEMANN, Leif | Director | 2017-01-01 | 2018-08-21 |
| MARROCO, Tadeu Luiz | Director | 2016-12-01 | 2019-02-04 |
| MARROCO, Tadeu Luiz | Director | 2008-11-25 | 2010-02-18 |
| MCCONNELL, Terrence Donald | Director | 2010-02-26 | 2011-08-16 |
| MELDRUM, Guy Andrew | Director | 2019-11-27 | 2020-09-01 |
| MEYER, Bernd | Director | 2016-04-07 | 2019-11-28 |
| MONTEIRO, Frederico Pinto | Director | 2019-02-08 | 2019-11-28 |
| NEMETH, Andrea Emberovic-Sarosacne | Director | 2016-04-07 | 2017-01-01 |
| NORMAN, Hugo James | Director | 2014-07-02 | 2015-05-21 |
| O'REILLY, John | Director | 2014-07-02 | 2015-05-21 |
| REED, Jonathan | Director | 2021-10-25 | 2023-04-01 |
| SCHREIBER, Raymond | Director | 2009-10-14 | 2011-12-31 |
| SCONFIANZA, Pablo Daniel | Director | 2021-08-01 | 2023-04-01 |
| SCONFIANZA, Pablo Daniel | Director | 2019-02-08 | 2019-11-28 |
| SETHI, Naresh Kumar | Director | 2015-05-21 | 2016-12-01 |
| SIJTSMA, Christiaan | Director | 2019-11-27 | 2021-07-31 |
| SIJTSMA, Christiaan | Director | 2018-01-01 | 2019-02-01 |
| TIRELLI, Frederic Jean Louis | Director | 2014-07-02 | 2016-09-30 |
| VAN HERREWEGHE, Marc | Director | 2010-07-08 | 2012-07-18 |
| VANDERMEULEN, Johan Maurice | Director | 2019-02-08 | 2023-07-01 |
| VILLAQUIRAN, Francisco Xavier Espinosa | Director | 2012-02-09 | 2014-07-03 |
| WOOD, John Stuart | Director | 2007-06-01 | 2009-10-09 |
| WRIGHT, Gary Kevin | Director | 2019-04-12 | 2019-11-28 |
| PEREGRINE SECRETARIAL SERVICES LIMITED | Corporate Director | 2004-08-11 | 2004-09-03 |
| RIDIRECTORS LIMITED | Corporate Director | 2004-09-03 | 2007-06-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| British-American Tobacco (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 213 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-04-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-12 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-04 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-08 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-21 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-10-21 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-07-15 | AA | accounts | Accounts with accounts type full | |
| 2024-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-30 | CH01 | officers | Change person director company with change date | |
| 2024-04-23 | CH01 | officers | Change person director company with change date | |
| 2024-01-24 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-18 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-31 | AA | accounts | Accounts with accounts type full | |
| 2023-07-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-29 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
0%
£3,381,955,617 £3,382,784,327
-
Cash
-51.4%
£18,340,846 £8,917,302
-
Net assets
+96.2%
£257,154,126 £504,568,308
-
Employees
+1.6%
312 317
-
Operating profit
-10.2%
£1,548,415,395 £1,390,230,583
-
Profit before tax
-9.8%
£1,617,583,218 £1,458,732,663
-
Wages
-1.6%
£57,267,684 £56,332,351
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers