HOBBS LIMITED
Company Information
- Company Number
- 01577740
- Registered Address
- Milton Gate, 60 Chiswell Street, London, EC1Y 4AG
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 31 July 1981
- Nature of Business
- 47710 - Retail sale of clothing in specialised stores47721 - Retail sale of footwear in specialised stores
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
HOBBS LIMITED exhibits a concerning payment trend with an average of 65 days and 39% of invoices paid late. While 50% of payments are made within 30 days, a significant 32% extend beyond 60 days, indicating a consistent segment of very slow payments. This suggests a pattern where a portion of invoices are systematically delayed, impacting overall payment speed.
Volatility Analysis
Payment reliability for HOBBS LIMITED is moderate, as evidenced by 50% of invoices paid within 30 days contrasted with 39% being late. The high proportion of payments extending over 60 days (32%) introduces unpredictability and significant cash flow risk for suppliers. This split distribution indicates a lack of consistent payment discipline across all invoices.
Summary Analysis
Suppliers should approach HOBBS LIMITED with caution, factoring in the potential for significant payment delays that could impact their own cash flow. While half of invoices are paid promptly, the substantial risk of late payments (39%) and those exceeding 60 days (32%) necessitates careful credit term negotiation. Mitigation strategies should include clear payment terms, potentially smaller initial credit limits, or requesting upfront payments for larger orders to manage exposure.
Performance Reports History
| 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 Oct 2024 - 31 Mar 2025 | 30 Apr 2025 | 63 | 30% | 25% | 45% | 48% |
| 01 Apr 2024 - 30 Sept 2024 | 30 Oct 2024 | 55 | 39% | 32% | 30% | 40% |
| 01 Oct 2023 - 31 Mar 2024 | 02 May 2024 | 50 | 48% | 25% | 27% | 36% |
| 01 Apr 2023 - 30 Sept 2023 | 06 Dec 2023 | 65 | 50% | 18% | 32% | 39% |
| 01 Oct 2022 - 31 Mar 2023 | 20 May 2023 | 66 | 31% | 27% | 43% | 54% |
| 01 Apr 2022 - 30 Sept 2022 | 16 Dec 2022 | 66 | 27% | 34% | 40% | 42% |
| 01 Oct 2021 - 31 Mar 2022 | 25 May 2022 | 53 | 43% | 29% | 28% | 41% |
| 01 Oct 2020 - 31 Mar 2021 | 20 Oct 2021 | 62 | 40% | 25% | 36% | 43% |
| 01 Oct 2020 - 31 Mar 2021 | 30 Apr 2021 | 75 | 19% | 24% | 56% | 41% |
| 01 Apr 2020 - 30 Sept 2020 | 30 Oct 2020 | 93 | 10% | 23% | 67% | 79% |
| 01 Apr 2019 - 30 Sept 2019 | 31 Oct 2019 | 32 | 63% | 31% | 6% | 14% |
| 01 Oct 2018 - 31 Mar 2019 | 14 May 2019 | 38 | 58% | 29% | 13% | 29% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 38 | 42% | 39% | 19% | 51% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Goods for resale 90 days Other overheads 0-60 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
The Accounts Payable department is responsible for dispute resolution. Disputes are resolved by negotiation with each individual supplier to ensure that a satisfactory outcome is reached.
Other Payment Information
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.
❌
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
Company Summary
HOBBS LIMITED is an active private limited company. It operates to conduct commercial activities within the UK market.
The company was incorporated on 31 July 1981. It is registered in London under company number 01577740, with its registered office located at Milton Gate, 60 Chiswell Street, London, EC1Y 4AG.
Private limited companies in the UK typically engage in a broad spectrum of commercial activities. They provide a diverse range of goods and services, serving both consumer and business markets across various sectors such as retail, manufacturing, and professional services.
