UK Care Services Sector Shows Surprisingly Strong Payment Performance in 2022

The Numbers

• Companies analysed: 135
• Average PaymentCheck Score: 75.1/100
• UK average PaymentCheck Score: 50.0/100
• Difference between Care Services and UK average: 25.1 points
• Top Payer: TOGETHER FOR CHILDREN SUNDERLAND LIMITED - 99.05/100
• Bottom Payer: MEARS GROUP PLC - 32.05/100

What Stands Out

The Care Services sector's average payment performance of 75.1/100 significantly outstrips the UK average of 50/100, suggesting a higher-than-usual prioritisation of timely payments within the industry. While the presence of both charitable trusts and large public sector organisations among the top payers could explain this, the extreme disparity between the best and worst performers indicates serious inconsistencies. The variance within the sector demonstrates some organisations have plenty of room to improve, you can calculate how late payments affect your finances with this late payment calculator.

Best Payers

1. TOGETHER FOR CHILDREN SUNDERLAND LIMITED - 99.05/100
2. THE ACTIVE LEARNING TRUST LIMITED - 98.53/100
3. THE GURKHA WELFARE TRUST - 98.4/100
4. LEARNING PARTNERS ACADEMY TRUST - 97.87/100
5. CORNWALL EDUCATION LEARNING TRUST - 96.8/100

Worst Payers

1. MEARS GROUP PLC - 32.05/100
2. TJX UK - 32.09/100
3. ABBEYFIELD SOCIETY (THE) - 34.7/100
4. LLOYDS CLINICAL LIMITED - 37.67/100
5. SOMERSET CARE LIMITED - 37.78/100

Regional Patterns

Wales showed the highest regional average at 90.5, though this is based on just a single company, making it statistically less significant than other regions. After that, the North East performed second best, with an average of 86.1 based on 4 companies.

The 5.9 average payment performance point difference between the North East (86.1) and North West (80.4) regions may indicate differing local economic pressures or varying administrative efficiencies.

One-Line Takeaway

While the Care Services sector's average PaymentCheck score is a positive 75.1/100, the worst payer, MEARS GROUP PLC (32.05/100), needs to improve by at least 43.05 points to be in line with the sector average.