AGROVISTA UK LIMITED
Company Details
Registration Number
03525529
Registered Address
Rutherford House Nottingham Science & Technology Park Nottingham England NG7 2PZ
Company Status
Active
Employee Count
385
Turnover
£222,479,000
EBITDA
£12,552,000
Additional Information
Website
agrovista.co.uk/Company Type
Private limited Company
Incorporated on
11 March 1998
Nature of Business (SIC)
01610 - Support activities for crop production
Industries
Agriculture, land farming and forestry
Region
East MidlandsCompany Location
Financial Overview
£20,000
£44,688,000
Last Reporting Period
Filed
31 Jan 2024
Period
01 Jul 2023 - 31 Dec 2023
Payment Timing
Average Time to Pay
69 days
Payment Periods
Shortest
30 days
Longest
0 days
Max Contractual
180 days
Payment Timeline
Not Paid Within Terms
20%
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| 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 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 69 | 31% | 31% | 38% | 20% |
| 01 Jan 2023 - 30 Jun 2023 | 05 Sep 2023 | 46 | 39% | 38% | 23% | 18% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 63 | 24% | 37% | 39% | 36% |
| 01 Jan 2022 - 30 Jun 2022 | 30 Aug 2022 | 55 | 34% | 37% | 30% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 51 | 33% | 34% | 33% | 21% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 50 | 38% | 38% | 24% | 21% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 51 | 33% | 35% | 32% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 47 | 39% | 36% | 25% | 29% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 54 | 34% | 32% | 34% | 14% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 46 | 42% | 34% | 24% | 20% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 51 | 36% | 30% | 34% | 13% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 46 | 42% | 36% | 22% | 17% |
Company Summary
AGROVISTA UK LIMITED is a leading agricultural supplier and provider of agronomy services in the United Kingdom
With over 60 years of experience, the company is committed to helping farmers and growers achieve sustainable and profitable results
Their sustainability program focuses on promoting responsible and efficient use of resources, reducing environmental impact, and supporting biodiversity
They also work closely with farmers to improve soil health, increase crop yields, and reduce carbon footprint
AGROVISTA offers a wide range of products and services to support the agricultural industry, including crop protection products, seeds, fertilizers, and precision farming technology
They also provide expert agronomy advice and training to help farmers make informed decisions and optimize their operations
The company is led by a team of experienced and knowledgeable individuals, including Managing Director Chris Clayton, who has been with the company for over 25 years
Other key people include Head of Sustainability Chris Martin and Head of Marketing and Communications Louise Woolley
For further information on their products and services, farmers and growers can visit the company's website at www.agrovista.co.uk
The registered office address is Agrovista UK Limited, Rutherford House, Nottingham Science and Technology Park, University Boulevard, Nottingham, NG7 2PZ
AGROVISTA UK LIMITED is committed to supporting the agricultural industry and promoting sustainable practices for the future
Company Review
Trend Analysis
The data for AGROVISTA UK LIMITED shows a fluctuating trend in the average time taken to pay invoices to suppliers. From 2018 to 2021, the average time to pay has remained relatively stable, with a slight increase in 2022. However, in 2023 there has been a significant increase in the average time to pay, indicating a potential issue with timely payment to suppliers.
Volatility Analysis
The data also shows volatility in the percentage of invoices paid within 30 days, with a decrease in 2019 and 2022, and an increase in 2023. The percentage of invoices paid later than 60 days has also shown volatility, with a decrease in 2019 and an increase in 2020 and 2023. These changes could suggest fluctuations in the company's cash flow and payment processes.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Agrovista does not use standard payment terms, the most frequently used payment terms are 30 days from date of invoice. Invoices are paid weekly.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
180
Dispute Resolution Process
Disputes and queries should be reported to the accounts payable department who can be contacted by way of email. All suppliers have access to this email address on the remittance advice. The team aims to resolve all disputes and queries in a timely manner.
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?
❌
