CLAAS EASTERN LTD

PaymentCheck Score 2025
60Fair
6.9vs last year
#3067 in UK
#72 in Environment
#196 in East of England

Company Information

Company Number
02917927
Registered Address
Saxham, Bury St Edmunds, Suffolk, IP28 6QZ
Status
Active
Employee Count
135
Turnover
£98,212,000
EBITDA
£1,513,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 April 1994
Nature of Business
47990 - Other retail sale not in stores, stalls or markets
Industries
Environment,Agriculture And Waste,Supply Chain,Manufacturing And Commerce Models
Region
East of England

Time to Pay

Average Time to Pay
41 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:90 days

Payment Timeline

Within 30 Days
38%
31-60 Days
50%
After 60 Days
12%
Not Paid Within Terms46%

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: 2025-04-22
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Apr 2025 - 30 Sept 202524 Oct 20254138%58%4%10%
01 Oct 2024 - 31 Mar 202522 Apr 20254138%50%12%46%
01 Oct 2023 - 31 Mar 202429 Apr 20244441%42%17%59%
01 Apr 2023 - 30 Sept 202331 Oct 20233948%32%20%53%
01 Apr 2022 - 30 Sept 202230 Oct 20222278%15%7%25%
01 Oct 2021 - 31 Mar 202226 Apr 20224837%34%29%91%
01 Apr 2021 - 30 Sept 202128 Oct 20217822%20%58%99%
01 Oct 2020 - 31 Mar 202123 Apr 20214326%34%40%97%
01 Apr 2020 - 30 Sept 202022 Apr 20215438%35%27%39%
01 Apr 2019 - 30 Sept 201905 Nov 20194555%26%19%29%
01 Apr 2018 - 30 Sept 201825 Oct 20183842%45%14%26%

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

25 days following month end

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

90

Dispute Resolution Process

Disputes for payment of invoices are managed on an invoice by invoice basis

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

CLAAS EASTERN LTD is a leading agricultural machinery and equipment company based in Suffolk, United Kingdom. They specialize in the manufacturing and distribution of high-quality agricultural machinery, such as tractors, combine harvesters, forage harvesters, and balers.

The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a sustainability program in place, which includes using renewable energy sources, reducing emissions, and promoting sustainable farming practices.

In addition to their sustainability efforts, CLAAS EASTERN LTD also offers a range of products and services to support farmers. They provide comprehensive training and support for their machinery and also offer financing options to make their products more accessible to customers.

The company is led by a team of experienced and knowledgeable individuals, including the Managing Director, Mark Fitch, and the Sales Director, Oliver Wilson. They are dedicated to providing top-notch products and services to their customers.

For those interested in learning more about CLAAS EASTERN LTD, their website is a valuable resource. It provides detailed information about their products, services, and sustainability efforts. The website also includes contact information, such as their registered office address in Saxham, Suffolk, and their customer service phone number and email address. Overall, CLAAS EASTERN LTD is a forward-thinking company that prioritizes sustainability and customer satisfaction in all aspects of their business.

Financial Metrics

Cash
£0
Net Worth
£9,513,000
Total Current Assets
£35,552,000
Total Current Liabilities
£26,308,000

Company Location