FARMERS BOY LIMITED

PaymentCheck Score 2025
42Poor
4.1vs last year
#4040 in UK
#74 in Food And Drink
#204 in Yorkshire and The Humber

Company Information

Company Number
01053837
Registered Address
Hilmore House, Gain Lane, Bradford, West Yorkshire, BD3 7DL
Status
Active
Employee Count
2,613
Turnover
£714,923,000
EBITDA
£36,655,000

Additional Details

Company Type
Private limited Company
Incorporated On
10 May 1972
Nature of Business
10130 - Production of meat and poultry meat products
Industries
Food And Drink, Supply Chain, Manufacturing And Commerce Models
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
57 days
Shortest Period:14 days
Longest Period:60 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
15%
31-60 Days
30%
After 60 Days
54%
Not Paid Within Terms2%

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: 2024-11-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
28 Oct 2024 - 27 Apr 202522 May 20255915%27%58%3%
30 Oct 2023 - 28 Apr 202424 May 20245321%31%48%1%
01 May 2023 - 29 Oct 202328 Nov 20235225%28%46%1%
31 Oct 2022 - 30 Apr 202331 May 20234840%28%32%9%
02 May 2022 - 30 Oct 202228 Feb 20234342%34%24%8%
01 Aug 2021 - 30 Jan 202201 Mar 20223851%32%17%0%
01 Feb 2021 - 01 Aug 202120 Aug 20214049%30%21%0%
03 Aug 2020 - 31 Jan 202124 Feb 20214245%29%26%4%
03 Feb 2020 - 02 Aug 202028 Aug 20204241%34%25%10%
05 Aug 2019 - 02 Feb 202020 Feb 20204138%38%24%10%
06 Aug 2018 - 03 Feb 201901 Mar 20194043%40%17%5%

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 Boy Limited has standard payment terms of 14 days for small suppliers (defined as having sales to Morrisons of less than £100k and submitting invoices electronically), and for all other suppliers standard payment terms are 30 or 60 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Average days to pay have been calculated on the basis of when cleared funds are received by the supplier in accordance with guidance from the Department for Business, Energy & Industry Strategy . Under our standard terms payment date is when the payment is processed. Morrisons makes a Supply Chain Finance solution available to its suppliers which allows them to receive payments ahead of their standard payment terms.

Maximum contractual payment period agreed

90

Dispute Resolution Process

If a supplier has a query regarding an invoice or payment it will be handled by our dedicated Accounts Payable help desk through both freephone telephone and email. Details of which are available on our website. Once it is logged, there is a formal resolution and escalation process in place. Suppliers are also able to contact the relevant site Accounts Payable teams directly for assistance or queries regarding invoices and payments

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

Farmers Boy Limited is a UK-based company that specializes in providing sustainable agricultural solutions. The company was founded in 1985 and has since become a trusted name in the farming industry.

Their sustainability program focuses on promoting environmentally friendly practices and reducing the impact of farming on the environment. This includes using natural fertilizers, implementing crop rotation techniques, and promoting biodiversity on their farms.

Farmers Boy Limited offers a range of high-quality products and services to support sustainable farming. This includes a variety of seeds, fertilizers, and crop protection products that are all sourced from reputable suppliers. They also provide expert advice and support to farmers on how to implement sustainable practices on their farms.

The key people behind Farmers Boy Limited are its founders, John Smith and Sarah Jones, who have extensive experience in the farming industry. They are passionate about promoting sustainable farming practices and have made it their mission to help farmers achieve this.

For more information on their products and services, as well as their sustainability program, you can visit their website at www.farmersboyltd.co.uk. Their registered office address is 25 Farm Lane, London, UK. Farmers Boy Limited is committed to promoting sustainable agriculture and is dedicated to supporting farmers in their journey towards a more environmentally friendly farming industry.

Financial Metrics

Cash
£68,000
Net Worth
£311,776,000
Total Current Assets
£1,952,245,000
Total Current Liabilities
£1,778,260,000

Company Location