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

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

Worst Payers

VOLAC INTERNATIONAL LIMITED - 24.63/100
MOLE VALLEY FARMERS LIMITED - 26.4/100
CHARLIES STORES LIMITED - 28.05/100
PILGRIM'S PRIDE LTD. - 34.59/100
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.