AGCO LIMITED
Company Information
- Company Number
- 00509133
- Registered Address
- Abbey Park, Stoneleigh, Kenilworth, CV8 2TQ
- Status
- Active
- Employee Count
- 405
- Turnover
- £502,664,000
- EBITDA
- £20,831,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 24 June 1952
- Nature of Business
- 28301 - Manufacture of agricultural tractors46610 - Wholesale of agricultural machinery, equipment and supplies
- Industries
- Environment,Agriculture And Waste,Supply Chain,Manufacturing And Commerce Models
- Region
- West Midlands
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 Jul 2021 - 31 Dec 2021 | 04 Feb 2022 | 11 | 98% | 2% | 0% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 11 Jul 2019 | 7 | 97% | 2% | 1% | 14% |
| 01 Jul 2018 - 31 Dec 2018 | 19 Feb 2019 | 11 | 94% | 5% | 1% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 13 | 92% | 5% | 3% | 18% |
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
30 days
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
90
Dispute Resolution Process
Accounts Payable is outsourced to Budapest Shared Service Center, Budapest Team handles all queries and disputes
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.
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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?
❌
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
AGCO Limited is a global agricultural equipment company headquartered in Duluth, Georgia, with operations in over 140 countries. They are committed to providing innovative and sustainable solutions to the agriculture industry.
Their sustainability program, called "Fuse Connected Services," focuses on reducing environmental impact, improving efficiency, and promoting responsible use of resources. This includes initiatives such as using alternative fuels, reducing emissions, and promoting precision farming techniques.
The company offers a wide range of products and services, including tractors, combines, hay tools, and precision farming technology. They are known for their brands such as Massey Ferguson, Fendt, and Valtra, which are trusted by farmers around the world.
AGCO Limited is led by Chairman, President, and CEO, Martin Richenhagen, who has over 30 years of experience in the agriculture industry. He is supported by a team of experienced leaders and experts in the field.
To contact AGCO Limited, you can visit their website at www.agcocorp.com or reach out to their registered office at Abbey Park, Stoneleigh, Kenilworth, Warwickshire, CV8 2TQ, United Kingdom. With a strong focus on sustainability and a wide range of quality products and services, AGCO Limited continues to be a leader in the agriculture industry.
