Ranked in 6 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
Score of 95.28/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Sept 2025 - 28 Feb 2026 | 31 Mar 2026 | 18 | 88% | 11% | 1% | 14% |
| 01 Mar 2025 - 31 Aug 2025 | 29 Sept 2025 | 15 | 93% | 6% | 1% | 10% |
| 01 Sept 2024 - 28 Feb 2025 | 21 Mar 2025 | 12 | 96% | 4% | 0% | 13% |
| 01 Mar 2024 - 31 Aug 2024 | 29 Oct 2024 | 12 | 96% | 4% | 1% | 17% |
| 01 Sept 2023 - 29 Feb 2024 | 25 Mar 2024 | 9 | 92% | 5% | 4% | 17% |
| 01 Mar 2023 - 31 Aug 2023 | 06 Oct 2023 | 10 | 95% | 4% | 1% | 13% |
| 01 Sept 2022 - 28 Feb 2023 | 21 Mar 2023 | 15 | 91% | 8% | 1% | 16% |
| 01 Mar 2022 - 31 Aug 2022 | 27 Sept 2022 | 18 | 91% | 8% | 1% | 19% |
| 01 Sept 2021 - 28 Feb 2022 | 18 Mar 2022 | 15 | 90% | 9% | 1% | 18% |
| 01 Mar 2021 - 31 Aug 2021 | 28 Sept 2021 | 18 | 94% | 3% | 3% | 36% |
| 01 Sept 2020 - 28 Feb 2021 | 31 Mar 2021 | 20 | 94% | 3% | 3% | 35% |
| 01 Mar 2020 - 31 Aug 2020 | 12 Oct 2020 | 17 | 94% | 3% | 3% | 28% |
| 01 Sept 2019 - 29 Feb 2020 | 22 Apr 2020 | 17 | 94% | 3% | 3% | 38% |
| 01 Apr 2019 - 31 Aug 2019 | 11 Oct 2019 | 26 | 60% | 38% | 2% | 98% |
| 16 Sept 2018 - 31 Mar 2019 | 10 Apr 2019 | 26 | 59% | 39% | 2% | 97% |
| 17 Mar 2018 - 15 Sept 2018 | 12 Oct 2018 | 25 | 62% | 37% | 1% | 97% |
| 17 Sept 2017 - 16 Mar 2018 | 13 Apr 2018 | 34 | 36% | 59% | 5% | 97% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms vary for suppliers, these can vary from 0 days to an agreed payment on the last working day in 2 months time. These terms are predominantly for our raw material invoices of which run relatively cyclical. A number of our Haulage suppliers are on very short terms of under 7 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Work continues to improve the accuracy of the terms assigned to our suppliers in our system to remove any possible errors of terms of payment as a result of suppliers set up with immediate terms due to invoices requiring immediate payment.
Maximum contractual payment period agreed
60
Accounts Payuable within Central Finance will receive initial information for disputes and complaints with suppliers about all payments. All disputes are followed up as soon as possible with all information passed onto respective divisions for further investigation. All Raw Material disputes, which form the majority of payments, are tracked in a query log and regularly monitored to ensure they are dealt with on a timely basis. A big effort is currently underway to ensure supplier statements and any balances are logged and reviewed. This ensures our suppliers have a really clear view of the current situation of the account and to capture any missed invoices before they become overdue. In the rare situation where a resolution can’t be reached with a supplier then the case will be passed to central legal teams for resolution.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
AB Agri Limited is a UK company incorporated in 1923, registered at Weston Centre, London. Its listed business activity is the manufacture of prepared feeds for farm animals, and it is associated with agriculture, animal feed and food and drink processing more broadly. Evidence from the Egg and Poultry Industry Conference website shows a division of AB Agri Ltd, trading as ABN, appearing as a sponsor of the conference, indicating the company's involvement in supplying nutrition products to the poultry and wider livestock sector. No further detail on specific products, customers or trading operations is available from the supplied evidence.
Generated from the company's website and Companies House records. Sources: epiconference.co.uk