BRITISH AMERICAN TOBACCO (GLP) LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, the Company will have sufficient funds to meet its liabilities as they fall due for that period. Consequently, the Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “In December 2020, the Company and British American Tobacco p.l.c. were named as defendants in a claim made in the English High Court by around 7,500 Malawian tobacco farmers and their family members. The claimants allege they were subjected to unlawful and exploitative working conditions on tobacco farms. In January 2022, the Company and British American Tobacco p.l.c. were served with a similar claim by around a further 3,500 claimants. The Company and British American Tobacco p.l.c. intend vigorously to defend the claims.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -10.1%

  £896,783,543 → £806,546,331

• Cash

  -6.3%

  £4,042,254 → £3,787,991

• Net assets

  -16.5%

  £224,369,904 → £187,247,591

• Employees

  +12.7%

  55 → 62

• Operating profit

  -34.7%

  £107,318,013 → £70,085,248

• Profit before tax

  -42.3%

  £83,257,969 → £48,049,666

• Wages

  +2.2%

  £5,217,939 → £5,333,580

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