Swift Group Limited payment practices report
PennyFetch rating based on government data:
Mostly outside termsCompanies House no. 00832994
This rating is PennyFetch’s own assessment derived from data self-reported by Swift Group Limited to the UK government.
This company’s most recent filing is from Jul 2020. The data may not reflect their current payment practices. Companies can improve or change their payment behaviour between reporting periods.
Avg. days to pay
100
UK median: 32
Outside agreed terms
68%
UK average: 24%
Trend
Getting slower
5 reports filed
Payment terms
10 to 100 days
Standard terms
Invoice payment breakdown
How Swift Group Limited compares
Swift Group Limited takes an average of 100 days to pay its suppliers, which is 68 days slower than the UK median of 32 days across 9,336 reporting companies. 68% 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 (10 to 100 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 |
|---|---|---|---|---|
| Sept 2019 to Feb 2020 | 100 | 68% | 9% | 53% |
| Mar 2019 to Aug 2019 | 84 | 65% | 8% | 51% |
| Sept 2018 to Feb 2019 | 75 | 76% | 12% | 44% |
| Mar 2018 to Aug 2018 | 71 | 44% | 25% | 34% |
| Sept 2017 to Feb 2018 | 68 | 38% | 34% | 30% |
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 Swift Group 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: Jul 2020. 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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