Digital Entertainment Payment Practices Report 2024
UK Digital Entertainment Sector Pays Suppliers Well Above Average, But Wide Discrepancies Persist
The Numbers
- 105 companies analysed in the UK Digital Entertainment sector.
- Average PaymentCheck Score: 75.7/100.
- UK average PaymentCheck Score: 50.0/100.
- Digital Entertainment sector average is 25.7 points above the UK average.
- East of England average: 90.0/100 (4 companies).
- Scotland average: 89.3/100 (1 company).
- Yorkshire and The Humber average: 86.9/100 (1 company).
- Bottom payer: TALKTALK TELECOM LIMITED - 22.72/100.
What Stands Out
While the Digital Entertainment sector generally performs well, with an average PaymentCheck score significantly exceeding the UK norm, the vast range between the best and worst payers is alarming. That TALKTALK TELECOM LIMITED, with a score of just 22.72/100, sits in the same sector as HBVB (98.1/100) paints a picture of wildly differing payment ethics. There are only 4 companies in East of England; we might expect that to be a more volatile regional average than a region with more companies.
Best Payers
- HBVB - 98.1/100
- UK PROGRAMME DISTRIBUTION LIMITED - 98/100
- EPIC GAMES UK LTD - 97.4/100
- FRONTIER DEVELOPMENTS PLC - 96.53/100
- BAUER RADIO LIMITED - 96.2/100
Worst Payers
- TALKTALK TELECOM LIMITED - 22.72/100
- AMAZON DIGITAL UK LIMITED - 34.47/100
- VIDENDUM PRODUCTION SOLUTIONS LIMITED - 41.2/100
- UNIVERSAL PICTURES PRODUCTIONS LIMITED - 42.8/100
- BUZZ GROUP LIMITED - 43.08/100
Regional Patterns
The data indicates the East of England is a haven for swift payments, averaging 90/100, but with only four companies contributing to that average, it's hard to draw concrete conclusions; Scotland and Yorkshire are similarly under-represented, with just one company each. The "Unknown" region averaging 85.6 from 4 companies also suggests incomplete datasets which may distort the overall picture.
Avoid late payment issues. Calculate payments due with this late payment calculator
Ultimately, suppliers should proceed with caution when dealing with the bottom five, as the 75.38-point difference between the highest and lowest payer suggests the sector's high average masks significant payment risks for some.