East of England Businesses Significantly Outperform UK Average on Payment Practices

The Numbers

• 430 companies in East of England analysed.
• Average PaymentCheck Score for the region: 65.2/100.
• UK average PaymentCheck Score: 50.0/100.
• East of England average is 15.2 points higher than the UK average.

What Stands Out

The data suggests that businesses in the East of England, on average, exhibit considerably better payment behaviour than the rest of the UK, according to this specific dataset, potentially giving SMEs in the region a cashflow advantage. However, there's a wide range of performance, with some companies scoring exceptionally well and others lagging far behind.

Best Payers

The top payers in the East of England demonstrate exemplary payment practices:

1. ROSNEFT MARINE (UK) LIMITED - 100/100
2. HILTON UK MANAGE LIMITED - 100/100
3. HILTON WORLDWIDE MANAGE LIMITED - 100/100
4. RANDSTAD CPE LIMITED - 100/100
5. MASTERCARD PREPAID MANAGEMENT SERVICES LIMITED - 98.8/100

These companies represent diverse sectors, from oil and gas to hospitality and recruitment, indicating that strong payment performance isn't confined to a single industry.

Worst Payers

The bottom payers in the region reveal significant room for improvement:

1. TUI UK TRANSPORT LIMITED - 17.03/100
2. SUTTON MAINTENANCE LIMITED - 18.1/100
3. OCS UK&I LIMITED - 20.45/100
4. BALTON CP LIMITED - 21.1/100
5. CLARIOS UK LIMITED - 21.13/100

The low scores highlight potential cash flow problems for suppliers dealing with these companies, and could indicate operational inefficiencies affecting invoice processing. If you are experiencing late payments, you may find this late payment calculator useful.

Sector Breakdown

While the overall average is positive, sector performance varies:

• Digital Entertainment: 85.8 avg (5 companies)
• Media And Publishing: 84.5 avg (1 companies)
• Information Technology: 82.9 avg (9 companies)
• Financial Services: 81.7 avg (7 companies)
• Transportation Infrastructure: 78.5 avg (1 companies)

Digital Entertainment leads with an average of 85.8, based on a small sample size of only five companies, while Transportation Infrastructure lags, with a 78.5 average based on a single company's data. This could suggest some industry-specific best practices in the entertainment and technology sectors.

East of England businesses, as a whole, score 65.2/100, exceeding the UK average by 15.2 points, but individual companies such as TUI UK TRANSPORT LIMITED demonstrate that late payments are still an issue for some suppliers.