COFCO INTERNATIONAL UK LTD

PaymentCheck Score 2025
92Excellent
3.2vs last year
#752 in UK
#13 in Environment
#35 in East of England

Company Information

Company Number
00165772
Registered Address
15 The Havens, Ransomes Europark, Ipswich, England, IP3 9SJ
Status
Active
Employee Count
99
Turnover
£277,556,000
EBITDA
£5,628,000

Additional Details

Company Type
Private limited Company
Incorporated On
27 March 1920
Nature of Business
01610 - Support activities for crop production
Industries
Environment,Agriculture And Waste
Region
East of England

Time to Pay

Average Time to Pay
19 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
88%
31-60 Days
11%
After 60 Days
1%
Not Paid Within Terms25%

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 202529 Jul 20251693%6%1%25%
01 Jul 2024 - 31 Dec 202429 Jan 20251988%11%1%25%
01 Jul 2023 - 31 Dec 202302 Feb 20241991%8%1%20%
01 Jul 2021 - 31 Dec 202128 Jan 20222285%12%3%33%
01 Jan 2021 - 30 Jun 202130 Jul 20211987%10%3%39%
01 Jul 2020 - 31 Dec 202023 Apr 20211791%8%1%66%
01 Jan 2020 - 30 Jun 202030 Jul 20201793%6%1%28%
01 Jan 2019 - 30 Jun 201926 Jul 20191695%5%0%24%
01 Jan 2018 - 30 Jun 201830 Jul 20181595%4%0%30%

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

For commodities standard payment terms are 28 days from delivery. For other services COFCO Intl UK Ltd typically pays based on the terms set by the supplier.

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

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

The Accounts Payable team offers support for query resolution by both email and telephone Monday to Friday. The team work closely with the logistics and procurement departments to endeavour to resolve queries in a timely and efficient manner. Payment queries can also be raised directly with the account manager who will work with the Accounts Payable to find a resolution.

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

COFCO INTERNATIONAL UK LTD is a leading agricultural company that is committed to sustainable practices and providing high-quality products and services. The company is part of the COFCO Corporation, one of the largest agri-food companies in the world.

Their sustainability program focuses on four key areas: responsible sourcing, environmental stewardship, community engagement, and employee well-being. The company works closely with farmers and suppliers to ensure that their products are sourced ethically and sustainably. They also have various initiatives in place to reduce their environmental impact, such as implementing energy-efficient practices and using eco-friendly packaging.

COFCO INTERNATIONAL UK LTD offers a wide range of products and services, including grains and oilseeds, sugar, coffee, and cocoa. They also provide risk management solutions and logistics services to their customers. Their products are used in various industries, including food and beverage, animal feed, and biofuels.

The key people at COFCO INTERNATIONAL UK LTD include the Managing Director, Adrian Isman, and the Head of Sustainability, Holly Ransley. They lead a team of dedicated professionals who are passionate about sustainable agriculture and delivering high-quality products and services to their customers.

For more information about COFCO INTERNATIONAL UK LTD and their sustainability efforts, you can visit their website at www.cofcointernational.com. Their registered office address is 1 New Burlington Place, London, W1S 2HR, United Kingdom.

Financial Metrics

Cash
£707
Net Worth
£17,558,828
Total Current Assets
£60,479,044
Total Current Liabilities
£47,543,492

Company Location