VITERRA UK LTD.

PaymentCheck Score 2024
90Good
0.3vs last year
#1054 in UK
#180 in South East

Company Information

Company Number
00961989
Registered Address
Warren House, Bell Lane, Thame, Oxon, OX9 3AL
Status
Active
Employee Count
66
Turnover
£696,819,000
EBITDA
£24,585,000

Additional Details

Company Type
Private limited Company
Incorporated On
15 September 1969
Nature of Business
46210 - Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
Industries
Coming Soon
Region
South East

Time to Pay

Average Time to Pay
25 days
Shortest Period:7 days
Longest Period:28 days
Max Contractual:28 days

Payment Timeline

Within 30 Days
90%
31-60 Days
8%
After 60 Days
2%
Not Paid Within Terms8%

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: 2024-07-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202421 Feb 20252491%8%1%10%
01 Jan 2024 - 30 Jun 202429 Jul 20242688%11%1%8%
01 Jul 2023 - 31 Dec 202329 Jul 20242587%12%1%8%
01 Jan 2023 - 30 Jun 202329 Jul 20242590%8%2%8%
01 Jul 2022 - 31 Dec 202229 Jul 20242295%4%1%11%
01 Jan 2022 - 30 Jun 202229 Jul 20242295%4%1%14%
01 Jul 2021 - 31 Dec 202129 Jul 20242296%4%1%9%
01 Jan 2021 - 30 Jun 202129 Jul 20241997%3%1%7%
01 Jul 2020 - 31 Dec 202028 Apr 20212097%2%1%5%
01 Jan 2020 - 30 Jun 202030 Jul 20202296%2%2%6%
01 Jul 2019 - 31 Dec 201919 Feb 20202097%2%1%4%
01 Jan 2019 - 30 Jun 201925 Jul 20192097%2%1%4%
01 Jul 2018 - 31 Dec 201815 Feb 20192197%2%1%4%
01 Jan 2018 - 30 Jun 201830 Jul 20182296%2%2%8%

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

Farmers are paid within 28 days of delivery of goods. Merchants are paid within 28 days of delivery of goods or 14 days from receipt of invoice whichever is later.

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

28

Dispute Resolution Process

Disputes are dealt with firstly by the accounts payable person who will try to solve any dispute, if they are unable to they will escalate it to the necessary trader/department head to resolve. If the dispute is still unresolved it will be taken to the Finance Director.

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

VITERRA UK LTD is a leading agricultural company based in the United Kingdom. They provide a range of products and services to support sustainable farming practices and promote environmental sustainability.

Their sustainability program focuses on reducing the environmental impact of their operations, promoting sustainable sourcing and production, and supporting local communities. Some of their key initiatives include reducing carbon emissions, conserving water resources, and promoting biodiversity.

VITERRA UK LTD offers a wide range of products and services to farmers, including seeds, fertilizers, crop protection products, and agronomy advice. They also provide storage and handling services for grain and oilseeds, as well as marketing and logistics solutions.

The company is led by a team of experienced professionals, including CEO Robert Spurway and Chairman Paul Geisler. They are committed to driving sustainable growth and innovation within the agricultural industry.

To contact VITERRA UK LTD, you can visit their website at www.viterra.com/uk or call their registered office at 1 Saxon Way, Melton, East Riding of Yorkshire, HU14 3HJ. They also have several regional offices across the UK for local support.

Financial Metrics

Cash
£1,081,000
Net Worth
£34,895,000
Total Current Assets
£190,060,000
Total Current Liabilities
£160,573,000

Company Location