A.J. AND R.G.BARBER LIMITED

PaymentCheck Score 2022
73Fair
1.4vs last year
#2500 in UK
#122 in South West

Company Information

Company Number
00551460
Registered Address
Maryland Farm, Ditcheat, Shepton Mallet, Somerset, BA4 6PR
Status
Active
Employee Count
Coming Soon
Turnover
Coming Soon
EBITDA
Coming Soon

Additional Details

Company Type
Private limited Company
Incorporated On
1 July 1955
Nature of Business
01410 - Raising of dairy cattle
10512 - Butter and cheese production
Industries
Coming Soon
Region
South West

Time to Pay

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

Payment Timeline

Within 30 Days
68%
31-60 Days
31%
After 60 Days
1%
Not Paid Within Terms47%

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)

Company Review

Trend Analysis

A.J. AND R.G.BARBER LIMITED exhibits an average payment time of 26 days, indicating a general trend towards settling invoices within standard 30-day terms. However, with 47% of payments being late and 31% extending into the 31-60 day range, there's a significant subset of transactions that consistently exceed initial due dates. This suggests a trajectory where nearly half of payments require more extended terms than ideal for optimal supplier cash flow.

Volatility Analysis

The high percentage of late payments (47%) reveals significant volatility in payment timing, although only 1% exceed 60 days. While 68% of payments are within 30 days, the substantial 31% falling into the 31-60 day window makes payment predictability challenging for suppliers relying on consistent 30-day cycles. This inconsistency presents a moderate risk to supplier cash flow management and operational planning.

Summary Analysis

Overall, A.J. AND R.G.BARBER LIMITED presents a moderate payment risk primarily due to the high frequency of late payments, despite a favorable average payment time. Suppliers should factor in the 47% late payment rate and the 31% extending to 31-60 days when evaluating potential impacts on their own liquidity. Mitigation strategies could include establishing clear payment terms with potential late fees, or closely monitoring payment behavior for large-volume transactions.

Performance Reports History

Reporting Period Filed: 2022-11-17
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2022 - 31 Oct 202217 Nov 20222668%31%1%47%
01 Oct 2020 - 31 Mar 202122 Apr 20212867%32%1%34%
01 Apr 2020 - 30 Sept 202022 Oct 20203063%36%1%26%
01 Oct 2019 - 31 Mar 202006 May 20203358%40%2%29%
01 Apr 2019 - 30 Sept 201907 Oct 20193255%44%1%28%
01 Oct 2018 - 31 Mar 201930 Apr 20193451%47%2%31%
01 Apr 2018 - 30 Sept 201822 Oct 20183347%52%1%23%

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

We adhere to the payment terms laid down by our Vendors which range from 0 days to 60 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

60

Dispute Resolution Process

If we have any queries with invoices, these are put on hold until the query is resolved.

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

A.J. AND R.G.BARBER LIMITED operates as an active private limited company. The company name includes the surname Barber, which is a common practice for UK businesses.

The company is registered in the UK under company number 00551460. It was incorporated on 1 July 1955 and is located in the South West region of England. Its registered office is at Maryland Farm, Ditcheat, Shepton Mallet, Somerset, BA4 6PR.

Private limited companies, such as A.J. AND R.G.BARBER LIMITED, are the most common company structure in the UK. They are capable of operating across all sectors of the economy, providing a diverse range of goods and services to customers and clients.

Financial Metrics

Cash
£3,700,000
Net Worth
£109,700,000
Total Current Assets
£116,000,000
Total Current Liabilities
£46,300,000

Company Location