Data Payment Practices Report 2020
UK Data Sector Payment Practices: Above Average, but Significant Disparities Persist
The Numbers
- Companies analysed: 49
- Average PaymentCheck Score: 68.4/100
- UK average: 50.0/100
- Data sector average above UK average: 18.4 points
- Scotland average: 96.3/100 (1 company)
- London average: 70.1/100 (22 companies)
What Stands Out
While the UK data sector's average PaymentCheck Score of 68.4/100 is significantly better than the UK average of 50.0/100, the considerable range between the best and worst payers reveals a lack of consistency within the sector. Furthermore, the small sample size from Scotland (only one company) makes it difficult to draw definitive conclusions about regional payment performance.
Best Payers
- PETROLEUM EXPERTS LIMITED - 96.3/100
- HYMANS ROBERTSON LLP - 93.8/100
- GENOME RESEARCH LIMITED - 89.2/100
- ARGUS MEDIA LIMITED - 88.4/100
- PEEL HUNT LLP - 87.43/100
Worst Payers
- TAYLOR HOBSON LIMITED - 29.4/100
- REDCENTRIC SOLUTIONS LIMITED - 31.3/100
- CISCO INTERNATIONAL LIMITED - 33.98/100
- SALESFORCE UK LIMITED - 36.32/100
- MACRO GROUP LIMITED - 39.55/100
Regional Patterns
The concentration of analysed companies in London (22) allows for a relatively more reliable benchmark, showing an average score of 70.1/100. Conversely, the single data point from Scotland skews regional comparisons, highlighting a need for broader data sets to reveal genuine geographic trends. The West Midlands average of 77.9 across two companies does suggest better payment practices compared to London-based companies, but more data is needed.
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One-line takeaway: Despite an 18.4-point lead over the UK average, the difference between Petroleum Experts' 96.3/100 and Taylor Hobson's 29.4/100 highlights the unevenness of payment practices in the UK data sector.