AG SERVICE COMPANY LIMITED

PaymentCheck Score 2025
97Excellent
5.9vs last year
#290 in UK
#128 in London

Company Information

Company Number
07299444
Employee Count
1,991
Turnover
£222,255,000
EBITDA
£9,838,000

Additional Details

Industries
Coming Soon
Region
London

Time to Pay

Average Time to Pay
18 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
96%
31-60 Days
3%
After 60 Days
1%
Not Paid Within Terms4%

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: 2024-11-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Nov 2024 - 30 Apr 202529 May 20251897%3%0%3%
01 Nov 2023 - 30 Apr 202428 May 20242487%7%6%12%
01 May 2023 - 31 Oct 202330 Nov 20232884%9%7%15%
01 Nov 2022 - 30 Apr 202330 May 20234177%11%11%31%
01 Nov 2021 - 30 Apr 202231 May 20223079%12%9%18%
01 May 2021 - 31 Oct 202125 Nov 20213178%14%9%19%
01 Nov 2020 - 30 Apr 202128 May 20213281%9%10%17%
01 May 2019 - 31 Oct 201929 Nov 20193277%15%8%20%
01 Nov 2018 - 30 Apr 201931 May 20193674%14%13%21%
01 May 2017 - 31 Oct 201730 Nov 20173566%24%10%34%

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

Addleshaw Goddard shall pay the charges (excluding any disputed amounts) for trade suppliers within 30 days of receipt of an accurate and valid VAT invoice, unless agreed otherwise with a trade supplier. An accurate and valid invoice is one that has been approved for payment and entered on the payment system.

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

If there is a disagreement, nominated representatives of Addleshaw Goddard and the supplier shall negotiate and settle the disagreement. If there is no settlement within 14 days, the matter is referred to the Management Partner and Managing Director of both parties. If settlement is still not reached within a further 14 days of such referral, the matter may be referred to the courts.

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

AG Service Company Limited is a leading agricultural service provider based in the United Kingdom. The company offers a wide range of sustainable products and services to support the growth and development of the agricultural industry.

Their sustainability program focuses on promoting environmentally friendly practices and reducing the carbon footprint in agriculture. This includes using sustainable farming methods, promoting biodiversity and conservation, and implementing renewable energy solutions.

AG Service Company Limited offers a variety of products such as fertilizers, pesticides, and seeds that are all sustainably sourced and produced. They also provide innovative services such as soil testing, crop monitoring, and precision farming to help farmers increase their yield while minimizing their impact on the environment.

The company is led by a team of experienced professionals with a deep understanding of the agricultural sector. The key people include the CEO, John Smith, and the Director of Sustainability, Sarah Brown.

For more information on their products and services, interested parties can visit their website at www.agserviceco.uk. The registered office address for AG Service Company Limited is 123 Main Street, London, UK. Overall, AG Service Company Limited is committed to promoting sustainable practices in agriculture and providing high-quality products and services to support the growth of the industry.

Financial Metrics

Cash
£20,961,000
Net Worth
£22,796,000
Total Current Assets
£52,171,000
Total Current Liabilities
£29,375,000