OPENFIELD AGRICULTURE LIMITED
Company Information
- Company Number
- 03548572
- Registered Address
- Honey Pot Lane, Colsterworth, Grantham, Lincolnshire, NG33 5LY
- Status
- Active
- Employee Count
- 219
- Turnover
- £806,317,000
- EBITDA
- £5,612,000
Additional Details
- Website
- https://openfield.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 17 April 1998
- Nature of Business
- 01630 - Post-harvest crop activities
- Industries
- Environment,Agriculture And Waste
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 Jan 2025 - 30 Jun 2025 | 05 Sept 2025 | 26 | 85% | 12% | 3% | 31% |
| 01 Jul 2024 - 31 Dec 2024 | 06 Feb 2025 | 26 | 89% | 9% | 2% | 1% |
| 01 Jan 2023 - 30 Jun 2023 | 04 Sept 2023 | 26 | 85% | 12% | 3% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 26 Jan 2023 | 26 | 82% | 14% | 4% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 24 Aug 2022 | 24 | 78% | 20% | 1% | 1% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Feb 2022 | 24 | 82% | 15% | 3% | 1% |
| 01 Jul 2020 - 31 Dec 2020 | 09 Feb 2021 | 24 | 78% | 20% | 2% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 25 Aug 2020 | 21 | 85% | 14% | 1% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 21 Feb 2020 | 22 | 84% | 15% | 1% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 12 Nov 2019 | 17 | 87% | 12% | 1% | 9% |
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
Members are paid on the 14th of the month following movement or on a fixed date for pooled grain Non members are paid 28 days after the mean date of movement. Non grain suppliers are paid as per their terms
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
174
Dispute Resolution Process
There is a dedicated purchase ledger department that are the initial contact for disputes. Any dispute they are not able to resolve will be passed to the relevant person who was involved in the original transaction to resolve. The purchase ledger team will keep track of outstanding disputes and ensure issues are resolved. The team have a specific email address for all purchase ledger related communications and individual phone lines
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
OPENFIELD AGRICULTURE LIMITED is a leading agricultural company based in the United Kingdom. The company is committed to sustainable farming practices and offers a wide range of products and services to support farmers in their operations.
The company's sustainability program focuses on reducing the environmental impact of farming, promoting biodiversity, and ensuring the welfare of animals. This includes implementing various techniques such as crop rotation, precision farming, and using organic fertilizers to improve soil health and minimize the use of chemicals.
As a major supplier of agricultural products, OPENFIELD AGRICULTURE LIMITED offers a diverse range of products including grains, oilseeds, pulses, and forage crops. The company also provides storage, drying, and marketing services for these products, ensuring that farmers receive fair prices for their produce.
The key people behind the success of the company include the Managing Director, David Sheppard, and the Chairman, Richard Beldam. Their extensive knowledge and experience in the agricultural industry have enabled the company to grow and thrive.
For farmers looking to partner with OPENFIELD AGRICULTURE LIMITED, they can contact the company through their website, which is openfield.co.uk. The registered office address for the company is at The Grain Store, 3 Kingfisher House, Radford Way, Billericay, Essex, CM12 0EQ.
In conclusion, OPENFIELD AGRICULTURE LIMITED is a sustainable agricultural company that offers a wide range of products and services to support farmers. With a commitment to sustainability and experienced leadership, the company continues to be a leading player in the UK agricultural industry.