Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 2025 - 31 Dec 2025 | 03 Feb 2026 | 49 | 19% | 30% | 51% | 80% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Jul 2025 | 48 | 21% | 27% | 52% | 77% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 48 | 24% | 37% | 39% | 78% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 47 | 23% | 46% | 31% | 83% |
| 01 Jul 2023 - 31 Dec 2023 | 26 Jan 2024 | 47 | 23% | 46% | 31% | 82% |
| 01 Jan 2023 - 30 Jun 2023 | 01 Aug 2023 | 47 | 23% | 49% | 28% | 82% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 45 | 21% | 9% | 70% | 70% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 48 | 23% | 9% | 68% | 68% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 48 | 21% | 9% | 70% | 71% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 50 | 21% | 10% | 69% | 70% |
| 01 Jul 2020 - 31 Dec 2020 | 10 Feb 2021 | 50 | 19% | 12% | 69% | 70% |
| 01 Jan 2020 - 30 Jun 2020 | 07 Aug 2020 | 52 | 16% | 15% | 69% | 70% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 52 | 16% | 20% | 64% | 65% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 49 | 17% | 22% | 61% | 62% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 52 | 18% | 19% | 64% | 65% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 51 | 18% | 20% | 62% | 63% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
2 Agriculture operates a weekly payment run on a Wednesday each week and captures all invoices due for payment to the Friday of that week. Payment is made by BACS and supplier receives payment on the Friday. It is not practical to process daily payment runs, therefore invoices could be up to 6 days overdue.
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
70
Invoices are matched on receipt if the supplier has stated the correct purchase order or reference number and the quantities and price match the details on our system. Should the invoice and order not match, the Purchase Ledger Manager will liaise with the relevant site management to confirm the correct information and work with the supplier to enable the correct payment to be made. In the event the Purchase Ledger Manager is not able to agree with the supplier, the dispute is passed to the Finance Director. Upon resolution the invoice is placed on the next available payment run. Through the process of statement reconciliations, disputes relating to missing invoices are identified before they become overdue. Remittance advices are sent via email or post when payment is made. This is in order for the supplier to match the payment received against the same invoices as 2Agriculture has matched to and avoids disputes about mis-matching of payments.
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.
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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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
2 Agriculture Limited, registered in Scotland as SC156515, trades as 2Agriculture and manufactures animal feed for the poultry industry. It operates five monogastric feed mills across Scotland, East Anglia and North Wales, plus an extrusion plant in Cambridgeshire producing an ingredient used in its poultry diets. The company produces broiler, broiler breeder, layer, duck and turkey feeds, supplying UK poultry farmers with nutritional advice alongside production. It runs its own delivery fleet to ensure timely, biosecure feed distribution, and employs several hundred staff across its sites. The business is linked to Boparan Private Office Limited. Its head office is in Midlothian.
Generated from the company's website and Companies House records. Sources: 2agriculture.com · 2agriculture.com