| 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 Jul 2024 | 01 Aug 2024 | 40 | 50% | 41% | 9% | 25% |
| 01 Aug 2023 - 31 Jan 2024 | 23 Jul 2024 | 30 | 67% | 26% | 7% | 26% |
| 01 Feb 2019 - 31 Jul 2019 | 29 Aug 2019 | 28 | 62% | 32% | 6% | 43% |
| 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% |
| 01 Aug 2017 - 31 Jan 2018 | 28 Mar 2018 | 37 | 49% | 41% | 10% | 36% |
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.
❌
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 company registered in Gloucestershire that trades as RHIZA, providing digital farming and agronomy services to arable, grassland and horticultural farms across the UK. It combines satellite imagery, soil sampling, mapping and precision farming tools with agronomic advice, drawing on expertise from Agrii and a network of digital technology farms and trial plots. Its Contour platform supports growers with record keeping, compliance, nutrient planning and variable rate applications, and is being integrated with TELUS Crop Management for farm benchmarking. The company's registered activity is classified as support activities for crop production.
Generated from the company's website and Companies House records. Sources: rhizadigital.co.uk · rhizadigital.co.uk