AB AGRI LIMITED
Company Information
- Company Number
- 00193800
- Registered Address
- Weston Centre, 10 Grosvenor Street, London, W1K 4QY
- Status
- Active
- Employee Count
- 1,321
- Turnover
- £1,168,963,000
- EBITDA
- -£5,677,000
Additional Details
- Website
- https://epiconference.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 16 November 1923
- Nature of Business
- 10910 - Manufacture of prepared feeds for farm animals
- Industries
- Environment,Agriculture And Waste
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Performance Reports History
| 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 2024 - 28 Feb 2025 | 21 Mar 2025 | 12 | 96% | 4% | 0% | 13% |
| 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 Apr 2019 - 31 Aug 2019 | 11 Oct 2019 | 26 | 60% | 38% | 2% | 98% |
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
Payment terms vary for suppliers, these can vary from 14 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.
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
Dispute Resolution Process
Purchase ledger 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 complete further supplier statements and look to complete these more frequently so that our Purchase Ledger team and 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 incredibly rare situation where a resolution can’t be reached with a supplier then the case will be passed to central legal teams for 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
AB Agri Limited is a leading agricultural solutions provider based in the United Kingdom. The company specializes in sustainable and responsible agriculture practices, offering a wide range of products and services to customers across the agricultural industry.
The company's sustainability program is a key aspect of its operations, with a focus on reducing environmental impact and promoting sustainable methods of farming. This includes initiatives such as promoting soil health, reducing water usage, and minimizing carbon emissions.
AB Agri Limited offers a diverse range of products and services, including animal feed, nutrition, and health solutions for livestock, as well as crop protection and precision farming technologies. The company also provides consultancy services to help farmers improve their sustainability practices and increase efficiency.
The key people at AB Agri Limited include CEO Richard Williamson, who has over 30 years of experience in the agricultural industry, and CFO Andy Bolding, who has been with the company for over 10 years. The company's registered office address is at Weston Centre, 10 Grosvenor Street, London, W1K 4QY, and their website is www.abagri.com.
In conclusion, AB Agri Limited is a leading agricultural solutions provider with a strong focus on sustainability. Their wide range of products and services, along with their experienced leadership team, make them a trusted partner for farmers looking to improve their sustainability practices.
