Hoover Limited payment practices report
PennyFetch rating based on government data:
Often outside termsCompanies House no. 02521528
This rating is PennyFetch’s own assessment derived from data self-reported by Hoover Limited to the UK government.
This company’s most recent filing is from Jan 2025. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.
Avg. days to pay
58
UK median: 32
Outside agreed terms
35%
UK average: 24%
Trend
Getting slower
6 reports filed
Payment terms
60 to 120 days
Standard terms
Invoice payment breakdown
How Hoover Limited compares
Hoover Limited takes an average of 58 days to pay its suppliers, which is 26 days slower than the UK median of 32 days across 9,336 reporting companies. 35% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been getting worse over time based on historical filings.
The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms (60 to 120 days), 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 |
|---|---|---|---|---|
| Jul 2024 to Dec 2024 | 58 | 35% | 30% | 53% |
| Jan 2024 to Jun 2024 | 57 | 45% | 31% | 48% |
| Jul 2023 to Dec 2023 | 47 | 41% | 39% | 39% |
| Jan 2023 to Jun 2023 | 45 | 45% | 38% | 31% |
| Jul 2022 to Dec 2022 | 41 | 42% | 33% | 21% |
| Jan 2022 to Jun 2022 | 48 | 39% | 20% | 28% |
PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.
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All payment statistics on this page are self-reported by Hoover 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: Jan 2025. 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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