BEN BURGESS & CO LIMITED

PaymentCheck Score 2024
80Good
0.9vs last year
#2096 in UK
#42 in Environment
#918 in London

Company Information

Company Number
04172275
Registered Address
24 King William Street, London, England, EC4R 9AT
Status
Active
Employee Count
244
Turnover
£143,030,000
EBITDA
£7,921,000

Additional Details

Company Type
Private limited Company
Incorporated On
5 March 2001
Nature of Business
46610 - Wholesale of agricultural machinery, equipment and supplies
47990 - Other retail sale not in stores, stalls or markets
Industries
Environment,Agriculture And Waste,Supply Chain,Manufacturing And Commerce Models
Region
London

Time to Pay

Average Time to Pay
27 days
Shortest Period:7 days
Longest Period:56 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
68%
31-60 Days
21%
After 60 Days
11%
Not Paid Within Terms7%

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: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Aug 2023 - 31 Jan 202430 Jul 20242768%21%11%7%
01 Feb 2023 - 31 Jul 202302 Aug 20233371%20%9%9%
01 Aug 2022 - 31 Jan 202327 Mar 20233269%21%10%9%
01 Feb 2022 - 31 Jul 202201 Aug 20223269%20%11%9%
01 Aug 2021 - 31 Jan 202228 Feb 20223266%22%12%9%
01 Feb 2021 - 31 Jul 202123 Aug 20213266%23%11%9%
01 Aug 2020 - 31 Jan 202117 Feb 20213268%24%8%9%
01 Feb 2020 - 31 Jul 202028 Aug 20203266%23%11%9%
01 Aug 2019 - 31 Jan 202028 Feb 20203265%24%11%9%
01 Aug 2018 - 31 Jan 201927 Feb 20193257%31%12%6%

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

It is the company policy to agree appropriate terms of payment with suppliers and to abide by those terms based on the timely submission and approval of satisfactory invoices.

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

60

Dispute Resolution Process

The company is committed to dealing with its suppliers in a professional manner. We aim to resolve queries as quickly as possible to everyone's satisfaction prior to payment being made. In the event that a dispute cannot be resolved it is escalated to the company secretary to seek a resolution.

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

BEN BURGESS & CO LIMITED is a leading agricultural and construction equipment supplier in the UK. With over 85 years of experience, the company offers a wide range of products and services to its customers.

The company has a strong sustainability program in place, focusing on reducing their carbon footprint, promoting eco-friendly practices, and supporting local communities. BEN BURGESS & CO LIMITED has also implemented sustainable farming methods in their own operations, reducing the environmental impact of their products and services.

Their product range includes tractors, harvesters, and other agricultural machinery from top brands like John Deere, Manitou, and Grimme. They also offer construction equipment such as excavators, bulldozers, and forklifts. The company provides sales, rental, and maintenance services for their products, ensuring customer satisfaction and long-term relationships.

The key people at BEN BURGESS & CO LIMITED include the managing director, Ben Turner, and the chairman, Andrew Burgess. They are supported by a team of experienced professionals who are dedicated to providing excellent customer service.

The company's website, www.benburgess.co.uk, provides detailed information on their products, services, and sustainability efforts. Their registered office address is 15 Europa Way, Norwich, Norfolk, NR1 2EN. Customers can also contact them through phone at +44 (0)1603 628251 or email at enquiries@benburgess.co.uk.

In conclusion, BEN BURGESS & CO LIMITED is a reputable company in the UK, offering high-quality agricultural and construction equipment. Their commitment to sustainability and dedication to customer satisfaction make them a trusted and reliable choice for businesses in the farming and construction industry.

Financial Metrics

Cash
£173,967
Net Worth
£11,300,502
Total Current Assets
£56,242,996
Total Current Liabilities
£48,881,856

Company Location