← Back to Reports

Commerce Models Payment Practices Report 2022

•By PaymentCheck•Reports

UK Commerce Models Pay Suppliers Better Than Average, But Wide Gaps Persist

The Numbers

  • Companies Analysed: 221
  • Average PaymentCheck Score (Commerce Models): 62.8/100
  • UK Average PaymentCheck Score (All Sectors): 50.0/100
  • Commerce Models Sector Advantage: 12.8 points above UK average
  • Top PaymentCheck Score: 99.2/100 (JOS RICHARDSON & SON LIMITED)
  • Lowest PaymentCheck Score: 20.4/100 (AO MOBILE LIMITED)
  • Regional Average (East of England): 72.4/100 (14 companies)
  • Regional Average (Yorkshire and The Humber): 69.0/100 (17 companies)
  • Regional Average (London): 67.4/100 (68 companies)
  • Regional Average (Wales): 65.2/100 (4 companies)
  • Regional Average (South East): 61.3/100 (21 companies)

What Stands Out

The Commerce Models sector, at 62.8/100, outperforms the UK average, which is a good sign. However, the significant spread between the top and bottom payers – nearly 80 points – reveals dramatic inconsistency in payment practices, indicating that many suppliers face very different realities.

Best Payers

  1. JOS RICHARDSON & SON LIMITED - 99.2/100
  2. SLATER MENSWEAR - 98.93/100
  3. CHRISTIE MANSON & WOODS LIMITED - 98.1/100
  4. QUALITY SAVE LIMITED - 98.02/100
  5. EVRI LIMITED - 96.3/100

Worst Payers

  1. AO MOBILE LIMITED - 20.4/100
  2. ABB LIMITED - 20.75/100
  3. MCCORMICK (UK) LIMITED - 22.56/100
  4. SHOP DIRECT HOME SHOPPING LIMITED - 25.15/100
  5. MONSOON BRANDS LTD - 25.8/100

Regional Patterns

The East of England leads the way with an average PaymentCheck score of 72.4, while the South East lags behind at 61.3. London, with the largest sample size (68 companies), sits comfortably in the middle at 67.4. While there are regional differences, the dataset may be too small in Wales and the East of England to draw definitive conclusions.

Suppliers who are dealing with late payments might find a late payment calculator useful.

The takeaway: While the Commerce Models sector's average of 62.8 is above the UK average, the presence of payers as low as 20.4 shows that suppliers need to do their homework before agreeing to payment terms.