East Midlands Payment Practices: 5-Year Analysis (2020-2025)
East Midlands Payment Performance Edges Up: Average Score Rises From 59.2 to 62.0 (2020-2025)
The Comparison
- 2020: A sample of 307 companies in the East Midlands recorded an average payment performance score of 59.2 out of 100.
- 2025: A smaller sample of 256 companies showed a modest increase, with the average payment performance score reaching 62.0 out of 100.
What This Means
The 2.8-point improvement in average payment performance, while positive, represents a relatively small shift over five years. This limited growth suggests that, despite some progress, companies in the East Midlands may still encounter payment challenges, but could be helped by resources such as this late payment calculator. The reduction in the sample size of companies included in the data set needs to be considered as part of the analysis, as it could indicate some economic contraction.
East Midlands payment performance: Improved slightly from 59.2 (307 companies) in 2020 to 62.0 (256 companies) in 2025.
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