Distribution And Delivery Payment Practices Report 2022
UK Distribution & Delivery Payments: A Mixed Bag in 2022
The Numbers
- Companies analysed: 263
- Average PaymentCheck Score: 59.7/100
- UK average: 50.0/100
- Difference from UK Average: +9.7 points
- Top PaymentCheck Score: 100/100 (achieved by two companies)
- Bottom PaymentCheck Score: 12.05/100
- London Average: 63.0/100 (48 companies)
- North East Average: 62.7/100 (3 companies)
What Stands Out
The Distribution and Delivery sector is, on average, demonstrably better at paying its suppliers than the UK average, scoring almost 10 points higher. However, the wide range of scores, from a perfect 100 to a dismal 12.05, indicates significant inconsistencies in payment practices across the industry, suggesting some suppliers are definitely suffering much more than others. With just 3 companies, the North East could well be an anomaly and its results require a larger sample size for meaningful comment.
Best Payers
- FORELAND SHIPPING LIMITED - 100/100
- PIONEER SHIPPING LIMITED - 100/100
- SEACO GLOBAL LIMITED - 97.13/100
- YODEL DELIVERY NETWORK LIMITED - 96.97/100
- NEEROCK LIMITED - 96.86/100
Worst Payers
- BIBENDUM OFF TRADE LIMITED - 12.05/100
- CEVA LOGISTICS LIMITED - 13.1/100
- FERRARIS PISTON SERVICE LIMITED - 13.1/100
- COCA-COLA EUROPACIFIC PARTNERS PLC - 17.2/100
- BAKKAVOR FOODS LIMITED - 21.74/100
Regional Patterns
London, with an average PaymentCheck Score of 63.0 across 48 companies, is the highest-performing region, barely edging out the North East. The concentration of companies in London perhaps suggests better access to resources or a more competitive environment driving improved payment habits. Scores of companies based in the South East and East of England suggest geography alone doesn’t guarantee timely payments, as they come in at 61.6/100 and 60.5/100 respectively.
Worried about late payments? Use this late payment calculator.
While the sector outperforms the national average by 9.7 points, the performance of companies like BIBENDUM OFF TRADE LIMITED (12.05/100) demonstrates that prompt payment is far from universal in the UK Distribution and Delivery sector.
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