UK Data Sector Payment Practices Significantly Outpace National Average in 2022

The Numbers

• Companies analysed: 58
• Average PaymentCheck Score: 74.3/100
• UK average: 50.0/100
• Difference between Data sector average and UK average: +24.3 points
• Top payer score: 97.1/100
• Bottom payer score: 33.3/100

What Stands Out

The UK data sector demonstrates considerably better payment practices than the national average, scoring a PaymentCheck average of 74.3 compared to the UK's 50.0, but a near 65-point gap separates the best and worst payers, showing inconsistency within the sector. Given YouGov's prominence, its score of 47.54 is surprising.

Best Payers

1. HYMANS ROBERTSON LLP - 97.1/100
2. PETROLEUM EXPERTS LIMITED - 95.9/100
3. GB GROUP PLC - 93.75/100
4. REDBURN (EUROPE) LIMITED - 92.2/100
5. PEARSON EDUCATION LIMITED - 91.83/100

Worst Payers

1. TAYLOR HOBSON LIMITED - 33.3/100
2. MACRO GROUP LIMITED - 41.5/100
3. YOUGOV PLC - 47.54/100
4. TRL LIMITED - 48.1/100
5. THE BABRAHAM INSTITUTE - 50.15/100

Regional Patterns

Regional data is very limited, with only one company represented in Scotland, North West, Yorkshire and The Humber, and Wales. However, Scotland's average of 95.9 is notably high and might indicate better payment practices amongst data companies there, but it is based on the payment behavior of a single business.

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The data sector’s average PaymentCheck score being 24.3 points above the national average underscores its relative strength in timely payments but doesn't mask the fact that some companies, like Taylor Hobson Limited with a score of just 33.3, are lagging significantly behind, potentially impacting their suppliers.