FRONTIER AGRICULTURE LIMITED
Company Information
- Company Number
- 05288567
- Registered Address
- Associated British Foods Plc Group Secretarial Department, Weston Centre, 10 Grosvenor Street, London, United Kingdom, W1K 4QY
- Status
- Active
- Employee Count
- 1161.0
- Turnover
- 2362743000.0
- EBITDA
- 62550000.0
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 16 November 2004
- Nature of Business
- 01610 - Support activities for crop production$01630 - Post-harvest crop activities
- Industries
- Environment,Agriculture And Waste
- Region
- London
Company Location
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Financial Metrics
Time to Pay
Payment Timeline
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 - 01 Dec 2023 | 01 Feb 2024 | 24 | 80% | 15% | 5% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 20 | 81% | 17% | 2% | 11% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 22 | 84% | 12% | 4% | 10% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 20 | 81% | 18% | 2% | 11% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 27 | 66% | 31% | 3% | 7% |
| 01 Jan 2021 - 30 Jun 2021 | 06 Aug 2021 | 25 | 69% | 28% | 3% | 9% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 28 | 63% | 32% | 5% | 11% |
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | 23 | 73% | 25% | 2% | 11% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 29 | 59% | 39% | 2% | 8% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 25 | 69% | 28% | 3% | 9% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 27 | 64% | 32% | 3% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 22 | 75% | 24% | 1% | 12% |
| 01 Jul 2017 - 31 Dec 2017 | 31 Jan 2018 | 20 | 81% | 17% | 2% | 12% |
Company Summary
Frontier Agriculture Limited is a leading agricultural company in the United Kingdom, providing a range of sustainable products and services to support farmers and growers
The company is committed to promoting sustainable agriculture practices and has implemented various initiatives to reduce its environmental impact
Frontier Agriculture offers a wide range of products and services, including crop protection, seed, fertilisers, and advisory services
The company works closely with farmers to provide tailored solutions that meet their specific needs and help increase crop yields
The company's sustainability program, called "Farming with Nature," aims to improve the sustainability of farming practices by promoting biodiversity, reducing carbon footprint, and conserving natural resources
Frontier Agriculture also supports sustainable agriculture by providing training and resources to farmers on best practices
Key people at Frontier Agriculture include the Chairman, George Cook, and the CEO, Mark Scott
The company has a team of experienced agronomists and consultants who work closely with farmers to provide expert advice and support
Frontier Agriculture Limited can be contacted through their website at https://www.frontierag.co.uk/ or at their registered office address: Marlow Road, Henley-on-Thames, Oxfordshire, RG9 3AG
The company has a strong online presence, with active social media accounts on platforms like Twitter and LinkedIn
Company Review
Trend Analysis
The average time taken for FRONTIER AGRICULTURE LIMITED to pay invoices has fluctuated over the last three periods, with a decrease in 2021 and then an increase in 2022. However, overall there has been a slight decrease in the average time to pay over the last three years.
Volatility Analysis
The volatility of the average time taken for FRONTIER AGRICULTURE LIMITED to pay invoices has been relatively low over the last three years, with only a small fluctuation of 7% between the highest and lowest periods.
Summary Analysis
In the last three periods, there has been a slight decrease in the average time taken for FRONTIER AGRICULTURE LIMITED to pay invoices, with a decrease of 2% in 2021 compared to 2020. However, there has been some fluctuation in the percentages of invoices paid within different time frames.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
This is by bacs raised 28 days from the date of delivery by self bill. Payment by cheque by exception only.
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
292
Dispute Resolution Process
There is an Accounts Payable department who are first point of contact to the supplier in case of invoice status query. The department can be reached via generic email addresses and phone numbers, suppliers are advised via supplier remittances to use those when they have questions in this regard. The accounts payable team investigates the issue, sometimes in cooperation with sites and administration departments; they then provide an answer to the supplier.
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
