Freemans of Newent Limited payment practices report
PennyFetch rating based on government data:
Good payerCompanies House no. 00745426
This rating is PennyFetch’s own assessment derived from data self-reported by Freemans of Newent Limited to the UK government.
This company’s most recent filing is from Mar 2022. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.
Avg. days to pay
38
UK median: 32
Outside agreed terms
15%
UK average: 24%
Trend
Stable
10 reports filed
Payment terms
0 to 60 days
Standard terms
Invoice payment breakdown
How Freemans of Newent Limited compares
Freemans of Newent Limited takes an average of 38 days to pay its suppliers, which is 6 days slower than the UK median of 32 days across 9,336 reporting companies. 15% of their invoices fall outside the agreed payment terms, compared to a national average of 24%.
The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms, not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.
Payment history
| Period | Avg. days | % outside terms | % in 30d | % over 60d |
|---|---|---|---|---|
| Dec 2021 to Feb 2022 | 38 | 15% | 47% | 10% |
| Jun 2021 to Nov 2021 | 37 | 13% | 49% | 8% |
| Dec 2020 to May 2021 | 37 | 14% | 48% | 7% |
| Jun 2020 to Nov 2020 | 37 | 11% | 43% | 7% |
| Dec 2019 to May 2020 | 40 | 12% | 38% | 11% |
| Jun 2019 to Nov 2019 | 41 | 15% | 36% | 11% |
| Nov 2018 to May 2019 | 46 | 25% | 30% | 19% |
| Jun 2018 to Oct 2018 | 42 | 24% | 37% | 14% |
| Dec 2017 to May 2018 | 46 | 26% | 28% | 11% |
| Jun 2017 to Nov 2017 | 36 | 23% | 44% | 12% |
PennyFetch tracks your invoices, sends automatic payment reminders, and calculates statutory interest if anything goes overdue.
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All payment statistics on this page are self-reported by Freemans of Newent Limited to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.
Most recent report filed: Mar 2022. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.
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