Modern Slavery Statement
Financial year ending: 31 December 2025
This statement is made pursuant to section 54 of the Modern Slavery Act 2015 and sets out the steps VTM UK LTD has taken, and will continue to take, to ensure that modern slavery and human trafficking are not taking place within our business or supply chains.
1. Organisation Structure & Supply Chains
VTM UK LTD is a distributor of passive electronic components operating in the United Kingdom and sourcing from global suppliers. Our supply chains include manufacturers, franchised distributors, logistics partners, and service providers.
2. Policies in Relation to Modern Slavery
- Modern Slavery & Human Trafficking Policy
- Supplier Code of Conduct
- Whistleblowing Policy
- Equal Opportunities & Anti‑Discrimination Policy
3. Risk Assessment & Management
We assess modern slavery risks by geography, commodity, and supplier tier. Higher‑risk categories trigger enhanced due diligence, contractual provisions, and ongoing monitoring.
4. Due Diligence
- Pre‑qualification questionnaires covering labour practices and compliance.
- Contractual clauses prohibiting forced labour and requiring flow‑down obligations.
- Requests for third‑party certifications or audits where appropriate.
- Supplier performance reviews and remediation plans where concerns arise.
5. Training & Awareness
Relevant staff receive training to identify indicators of forced labour and trafficking, and to escalate concerns through appropriate channels.
6. Measuring Effectiveness
- Number and outcome of supplier risk assessments conducted.
- Completion rates for modern slavery training.
- Incidents reported, investigations undertaken, and remediation achieved.
7. Next Steps
- Extend risk mapping to lower‑tier suppliers.
- Enhance supplier audit programme for higher‑risk geographies.
- Publish annual progress metrics.
Approval
This statement has been approved by the Board of Directors of VTM UK LTD and signed on its behalf by:
Name: Director (Authorised Signatory)
Date: 07 October 2025