ECOM AGROTRADE LIMITED
Company Information
- Company Number
- 03576004
- Registered Address
- 55, 10th Floor Old Broad Street, London, EC2M 1RX
- Status
- Active
- Employee Count
- 78
- Turnover
- £2,483,932,000
- EBITDA
- £46,075,000
Additional Details
- Website
- https://ecomtrading.com
- Company Type
- Private limited Company
- Incorporated On
- 4 June 1998
- Nature of Business
- 46370 - Wholesale of coffee, tea, cocoa and spices
- Industries
- Food And Drink
- Region
- London
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 | 31 Jul 2025 | 20 | 85% | 9% | 6% | 16% |
| 01 Jul 2024 - 31 Dec 2024 | 20 Feb 2025 | 7 | 86% | 9% | 5% | 14% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 20 | 83% | 10% | 7% | 18% |
| 01 Jul 2023 - 31 Dec 2023 | 08 Feb 2024 | 9 | 89% | 6% | 5% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | 17 | 86% | 9% | 5% | 17% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 13 | 89% | 8% | 3% | 27% |
| 01 Jul 2021 - 31 Dec 2021 | 04 Feb 2022 | 8 | 93% | 4% | 3% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 14 Oct 2021 | 16 | 87% | 9% | 4% | 32% |
| 01 Jul 2020 - 31 Dec 2020 | 14 Oct 2021 | 22 | 85% | 6% | 10% | 28% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 26 | 79% | 13% | 8% | 58% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 15 | 94% | 2% | 4% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 23 Jul 2019 | 11 | 97% | 1% | 2% | 11% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 25 | 81% | 11% | 8% | 12% |
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
Ecom Agrotrade Limited pays all its suppliers and distributors within 2 weeks of receipt of an undisputed invoice for all overhead payments.Ecom Agrotrade Limited pays all its suppliers in line with the contract terms for all commodity payments. Variations to these standard payment terms are by exception only, and only applied when negotiated and agreed by both parties.
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
30
Dispute Resolution Process
For commodity payments, the Company aims to resolve disputes in good faith with the counterparty. Failing that, the dispute is brought to arbitration. For overhead payments, the Company aims to resolve disputes in good faith with the counterparty. Failing that, due legal process is followed.
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
ECOM AGROTRADE LIMITED is a global commodity trading company that specializes in sustainable sourcing and supply chain management. Founded in 1849, the company has a rich history of providing quality products and services to its clients.
One of their key activities is the trading of agricultural commodities such as coffee, cocoa, cotton, and grains. They work directly with farmers and cooperatives to ensure fair and sustainable sourcing practices, promoting social and environmental responsibility.
ECOM AGROTRADE LIMITED has a strong sustainability program in place, focusing on reducing their carbon footprint, promoting sustainable farming practices, and investing in local communities. They also have a commitment to traceability, ensuring that their products can be traced back to the source.
Their range of products includes responsibly sourced coffee, cocoa, and cotton, as well as grains and other agricultural commodities. They also offer customized solutions for clients, including logistics, financing, and risk management services.
The key people at ECOM AGROTRADE LIMITED include the CEO, Mr. Rafael Lopetegui, and the Chief Sustainability Officer, Ms. Maria Teresa Ramirez. Their team of experts and employees are dedicated to upholding the company's values of sustainability, transparency, and innovation.
To contact ECOM AGROTRADE LIMITED, one can visit their website at www.ecomtrading.com or reach out to their registered office at 1 Kingsway, London WC2B 6AN, United Kingdom.
