OPENFIELD AGRICULTURE LIMITED

PaymentCheck Score 2025
83Good
7.7vs last year
#1491 in UK
#33 in Environment
#43 in East Midlands

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

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

Average Time to Pay
26 days
Shortest Period:28 days
Longest Period:174 days
Max Contractual:174 days

Payment Timeline

Within 30 Days
86%
31-60 Days
10%
After 60 Days
4%
Not Paid Within Terms1%

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: 2024-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202505 Sept 20252685%12%3%31%
01 Jul 2024 - 31 Dec 202406 Feb 20252689%9%2%1%
01 Jan 2023 - 30 Jun 202304 Sept 20232685%12%3%1%
01 Jul 2022 - 31 Dec 202226 Jan 20232682%14%4%1%
01 Jan 2022 - 30 Jun 202224 Aug 20222478%20%1%1%
01 Jul 2021 - 31 Dec 202118 Feb 20222482%15%3%1%
01 Jul 2020 - 31 Dec 202009 Feb 20212478%20%2%0%
01 Jan 2020 - 30 Jun 202025 Aug 20202185%14%1%1%
01 Jul 2019 - 31 Dec 201921 Feb 20202284%15%1%9%
01 Jan 2019 - 30 Jun 201912 Nov 20191787%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.

Financial Metrics

Cash
£2,898,000
Net Worth
£18,547,000
Total Current Assets
£113,955,000
Total Current Liabilities
£92,738,000

Company Location