| 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 Aug 2023 - 31 Jan 2024 | 23 Jul 2024 | 30 | 67% | 26% | 7% | 26% |
| 01 Aug 2018 - 31 Jan 2019 | 05 Feb 2019 | 26 | 69% | 25% | 6% | 38% |
| 01 Feb 2018 - 31 Jul 2018 | 01 Aug 2018 | 27 | 64% | 32% | 4% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
End of month following
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
120
Business owner responsible for disputing with supplier. FC or Procurement Lead to sign off on payment terms outside of standard.
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.
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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
MASSTOCK ARABLE (UK) LIMITED is a leading agriculture and agri-business company based in the United Kingdom. They specialize in providing sustainable solutions for farmers and growers, with a focus on improving crop production and efficiency.
The company offers a wide range of products and services, including crop protection, fertilizer, seed, and farm management services. They also have a strong focus on sustainability, with a dedicated sustainability program in place to promote responsible and ethical practices within the industry.
The key people at MASSTOCK ARABLE (UK) LIMITED include the managing director, Paul Temple, and the operations director, Mark Palmer. Together, they bring decades of experience and expertise to the company, ensuring its success and growth.
The company's sustainability program includes initiatives such as reducing carbon emissions, promoting biodiversity, and implementing sustainable farming practices. They also work closely with their suppliers and partners to ensure responsible sourcing and ethical production.
MASSTOCK ARABLE (UK) LIMITED is committed to providing high-quality products and services to their customers, while also reducing their environmental impact. They have a team of agronomists and specialists who work closely with farmers to develop tailored solutions for their specific needs.
The company's website address is www.masstock.co.uk, where customers can access information about their products, services, and sustainability efforts. Their registered office address is at 4 Millbank, London SW1P 3JA, United Kingdom.
In summary, MASSTOCK ARABLE (UK) LIMITED is a leading agriculture and agri-business company in the UK, providing sustainable solutions to farmers and growers. With a strong focus on sustainability, a wide range of products and services, and a team of experienced professionals, the company is dedicated to promoting responsible and ethical practices within the industry.