Here's a snapshot of payment practices in the Care Services sector across the past two years:
The data indicates a slight positive shift in payment performance within the Care Services sector; however, the 1.3-point increase from 2022 to 2023 represents a relatively small improvement. While any progress is welcomed, this marginal change suggests persistent underlying challenges in ensuring timely payments across the industry. Companies experiencing payment delays can use a late payment calculator to understand potential interest and compensation owed.
In brief: Despite a reduction in the number of companies analysed, the sector average improved marginally: 75.1/100 in 2022 vs 76.3/100 in 2023.