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Agriculture Payment Practices Report 2023

9 January 2024•By Alastair Campbell, Founder•Reports

UK Agriculture Outperforms National Average on Payments, But Significant Disparities Remain

The Numbers

  • Companies analysed: 79
  • Average PaymentCheck Score: 64.4/100
  • UK average PaymentCheck Score: 50.0/100
  • Agriculture's lead over the UK average: 14.4 points
  • London average: 80.5/100 (9 companies)
  • Yorkshire and The Humber average: 73.3/100 (8 companies)
  • Northern Ireland average: 71.6/100 (1 company)
  • South East average: 69.7/100 (12 companies)
  • East Midlands average: 68.3/100 (5 companies)

What Stands Out

While the agriculture sector's average payment score is notably higher than the national average, the wide range between the best and worst payers highlights significant inconsistencies. A single company in Northern Ireland earned a regional average of 71.6/100, but with only one data point, it's difficult to see a real regional trend.

Best Payers

  1. THE AGRICULTURAL MORTGAGE CORPORATION PLC - 97.1/100
  2. IAN MOSEY (LIVESTOCK) LIMITED - 95.93/100
  3. AB AGRI LIMITED - 94.17/100
  4. IAN MOSEY LIMITED - 91.65/100
  5. COFCO INTERNATIONAL UK LTD - 90.7/100

Worst Payers

  1. VOLAC INTERNATIONAL LIMITED - 24.63/100
  2. MOLE VALLEY FARMERS LIMITED - 26.4/100
  3. CHARLIES STORES LIMITED - 28.05/100
  4. PILGRIM'S PRIDE LTD. - 34.59/100
  5. 2 AGRICULTURE LIMITED - 37.2/100

Regional Patterns

London leads the way with an average of 80.5, driven by its nine companies, but beyond that, regional trends are less distinct, with Yorkshire and the Humber (73.3/100) and the South East (69.7/100) showing decent, but not outstanding scores. It's worth noting that the company count in each region varies considerably, potentially skewing the averages.

Need to chase a late invoice? Use a late payment calculator

Despite the sector averaging 14.4 points above the UK average, suppliers should be aware that Volac International's score of 24.63 is nearly 75 points lower than The Agricultural Mortgage Corporation PLC's impressive 97.1.

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Northern Ireland Payment Trends: 2024 vs 2025

The year-on-year decline of 0.1 points, while statistically insignificant, suggests a stagnation in payment performance

Categories

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Recent Posts

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Resources

  • Late Invoice Calculator
  • Company Search
  • Browse by Sector
  • Browse by Region

Share Your Story

Have you experienced late payments? Share your story to help other businesses.

Submit Your Story

PaymentCheck

Our mission is to change the culture of late payments in the UK and help save over 55,000 companies every year which close due to cashflow issues.

Services

  • Payment Check
  • Business Solutions
  • API Access
  • Invoice Calculator
  • Late Payment Help
  • Get Your Score
  • Get Certified
  • For Accountants

Company

  • About Us
  • Contact
  • Blog
  • Search Archive
  • Compare
  • EULA
  • Privacy Policy
  • Terms and Conditions

Awards

  • Methodology
  • 2025 Awards
  • 2024 Awards
  • 2023 Awards
  • 2022 Awards
  • 2021 Awards
  • 2020 Awards

Contact

  • office@paymentcheck.co.uk
  • +44 (0) 7915 608 057
  • Send Your Story

© 2026 Payment Check Ltd

Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH

Made by Alastair Campbell