Merchants closing Accounts

Pasty

Member
Location
Devon
Credit is an outdated concept and should be scrapped...
I wouldn't say that. It makes book keeping much easier. If I pay for everything on a card I might have 40 invoices to enter for a month and that's 40 pieces of paper to potentially lose. If I can just book it, I have 1. My accounting system can pull in all bank transactions and reconcile them to invoices but somebody still has to enter the invoices. That's really the only reason I use a credit account.

What might solve that is suppliers providing monthly data files for your purchases in Sage or whatever form.
 

bankrupt

Member
Location
EX17/20
So why do farmer controlled co-ops thrive on the continent yet regularly fail miserably here?

I put it all down to the 'Code Napoleon '.

Land ownership being much more fragmented, it's more advantageous for continental country folk to cooperate and, given that all the big city slickers there tend to inherit their own small slice of the countryside in due course, it's far easier to tap them for cash to bail out the inevitable failures.

https://parispropertygroup.com/blog/2014/napoleonic-code-property-ownership-inheritance-france/
 
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Old MacDonald

New Member
Location
Glos.
I was told yesterday that, allegedly, the CEO of Countrywide Farmers has been on a salary of over £400k and has been driving either a Range Rover Vogue or a Porshe Cayenne, given the current circumstances, it hardly sends the right message.
 
I was told yesterday that, allegedly, the CEO of Countrywide Farmers has been on a salary of over £400k and has been driving either a Range Rover Vogue or a Porshe Cayenne, given the current circumstances, it hardly sends the right message.
It's the way of the world, even if the company folds, after being on a salary like that he should be ok for a good while unlike many of the staff below.
I often wonder how many company directors actually earn/are worth their salaries.
 

An Gof

Member
Location
Cornwall

Dilligaf

Member
Location
Cornwall
Are CF connected to Countrywide ?

Countrywide bought Cornwall Farmers in Sept 2015

https://www.countrywidefarmers.co.uk/Blog

COUNTRYWIDE FARMERS COMPLETES CORNWALL FARMERS ACQUISITION
14 September 2015

Countrywide Farmers has completed the acquisition of the trading business of Cornwall Farmers in Cornwall and Devon.

The deal, which was first announced last month, sees Countrywide take on the operation of all 12 Cornwall Farmers’ country stores in Cornwall and Devon for a total consideration of £6.050m. It is intended that Countrywide will retain the Cornwall Farmers name.
 

An Gof

Member
Location
Cornwall
Are CF connected to Countrywide ?

Countrywide bought stock and goodwill from Cornwall Farmers and entered into a rental agreement for 10 years (I think) on the Cornwall Farmers stores.
Cornwall Farmers is effectively a property management company vainly hanging on in an effort to meet its pension and shareholders liabilities. It doesn't look good for either of those parties and hasn't for some time. Inept management of the highest order at both executive and non executive levels.
 

Pasty

Member
Location
Devon
They bought the stock and sold off anything that wasn't in their catalogue at 10% of retail price. I had some crazy bargains. Staff couldn't believe it.
 

Still Farming

Member
Mixed Farmer
Location
South Wales UK
Screenshot_2017-05-04-16-46-56.png
 

SFI - What % were you taking out of production?

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  • 100% I’ve had enough of farming!

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Red Tractor drops launch of green farming scheme amid anger from farmers

  • 1,292
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As reported in Independent


quote: “Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April“

read the TFF thread here: https://thefarmingforum.co.uk/index.php?threads/gfc-was-to-go-ahead-now-not-going-ahead.405234/
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