Commerce Models Payment Practices Report 2020
UK Commerce Models Sector Shows Stronger Payment Performance Than National Average
The Numbers
- Companies analysed: 204
- Average PaymentCheck Score: 60.1/100
- UK average: 50.0/100 (Commerce Models is 10.1 points above)
What Stands Out
The UK Commerce Models sector demonstrated a notably better payment performance than the national average in 2020, with an average PaymentCheck Score exceeding the UK norm by 10.1 points. While that's a positive headline, the wide range between the top and bottom payers suggests considerable disparity in payment practices within the sector. The dominance of luxury brands among the worst payers also hints at potentially questionable supply chain practices.
Best Payers
- QUALITY SAVE LIMITED - 98.9/100
- JUST EAT.CO.UK LTD - 97.5/100
- JO MALONE LIMITED - 97.2/100
- ESTEE LAUDER COSMETICS LIMITED - 96.8/100
- EVRI LIMITED - 94.8/100
Worst Payers
- PRADA RETAIL UK LIMITED - 13.8/100
- KURT GEIGER LIMITED - 14.3/100
- HOBBS LIMITED - 20.13/100
- WHISTLES LIMITED - 20.93/100
- MICHAEL KORS (UK) LIMITED - 21.46/100
Regional Patterns
Yorkshire and The Humber led the way with an average score of 68.1 across 16 companies, showing the best regional performance, but the sample size is relatively small. While London, with 57 companies, still performed above the national average at 62.2, it lagged behind some smaller regions, suggesting that a large concentration of commerce businesses doesn't automatically translate to better payment practices. East of England also scored respectably at 67.4 (10 companies) and South West with 64.0 (7 companies)
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Despite an overall positive sector average, the 85.1 point spread between Quality Save's score and Prada Retail UK's score proves a wide gap in payment ethics.