FORFARMERS UK LIMITED

PaymentCheck Score 2025
47Poor
7.0vs last year
#3793 in UK
#104 in Environment
#257 in East of England

Company Information

Company Number
00062904
Registered Address
Horizon House Fred Castle Way, Rougham Industrial Estate, Rougham, Bury St. Edmunds, England, IP30 9ND
Status
Active
Employee Count
889
Turnover
£672,674,000
EBITDA
£8,876,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 July 1899
Nature of Business
10910 - Manufacture of prepared feeds for farm animals
Industries
Environment,Agriculture And Waste
Region
East of England

Time to Pay

Average Time to Pay
46 days
Shortest Period:28 days
Longest Period:90 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
20%
31-60 Days
58%
After 60 Days
22%
Not Paid Within Terms94%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202530 Jul 20254424%55%21%47%
01 Jul 2024 - 31 Dec 202429 Jan 20254620%58%22%94%
01 Jan 2024 - 30 Jun 202430 Jul 20244335%43%21%82%
01 Jul 2023 - 31 Dec 202324 Jan 20244837%39%24%79%
01 Jul 2022 - 31 Dec 202223 Jan 20233944%39%17%79%
01 Jan 2022 - 30 Jun 202229 Jul 20224043%40%17%80%
01 Jul 2021 - 31 Dec 202119 Jan 20224040%42%18%80%
01 Jul 2020 - 31 Dec 202022 Mar 20213645%44%11%79%
01 Jan 2019 - 30 Jun 201931 Oct 20193258%34%6%67%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

60 days

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

ForFarmers UK Ltd operate a No PO No Pay policy and, should invoices be received not quoting POs these are returned to the vendors. This can lead to invoices being paid late statistically. ForFarmers UK Ltd run two BACS runs per week, and one foreign payment run.

Maximum contractual payment period agreed

90

Dispute Resolution Process

All queries and disputes regarding payments are handled by the Accounts Payable Team. These are followed up on as quickly as is possible, with onward queries being raised and controlled by the AP Team with the relevant departments.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

FORFARMERS UK LIMITED is a leading organization in the agricultural industry, providing high-quality and sustainable animal nutrition solutions to farmers across the United Kingdom. The company was founded in 2012 and has its registered office in Ipswich, Suffolk.

The primary focus of FORFARMERS UK LIMITED is to support farmers in optimizing their animal production, while also being committed to sustainable practices. The company has a dedicated sustainability program that aims to reduce its environmental footprint and promote sustainable farming practices. This includes initiatives to reduce water and energy usage, decrease carbon emissions, and promote biodiversity on farmland.

FORFARMERS UK LIMITED offers a wide range of products and services to support farmers in achieving their production goals. These include compound feeds, blends, straights, and minerals for various types of animals. The company also offers nutritional advice and support to help farmers make the best use of their feed and improve the health and performance of their animals.

The key people at FORFARMERS UK LIMITED include the Managing Director, Yoram Knoop, who has extensive experience in the agricultural industry, and the Head of Sustainability, Tanja Assies, who oversees the company's sustainability efforts.

Customers can contact FORFARMERS UK LIMITED through their website, which provides detailed information about their products, services, and sustainability program. The website also includes a contact form for inquiries and a list of locations where customers can find FORFARMERS products. The registered office address for FORFARMERS UK LIMITED is West Bank, Saxlingham Thorpe, Norwich, Norfolk, NR15 1SL.

In summary, FORFARMERS UK LIMITED is a leading animal nutrition company in the UK, dedicated to sustainability and supporting farmers in their production goals. With a wide range of products and a strong commitment to sustainability, the company is a trusted partner for farmers looking to optimize their animal production.

Financial Metrics

Cash
£11,870,000
Net Worth
£82,028,000
Total Current Assets
£132,145,000
Total Current Liabilities
£119,973,000

Company Location