East of England Payment Trends: 2021 vs 2022
East of England Payment Performance: Marginal Improvement in 2022
The Comparison
- 2021: Analyzed 430 companies in the East of England, yielding an average payment performance score of 65.2 out of 100.
- 2022: The analysis included 410 companies, with the average payment performance score increasing to 67.2 out of 100.
What This Means
The East of England experienced a slight uptick in payment performance between 2021 and 2022. With only a 2.0 point improvement, the change is small but still shows a trend in the right direction. Businesses can use a late payment calculator to understand the impact of delays on their cashflow.
East of England payment practices: 430 companies scored 65.2 in 2021; 410 companies scored 67.2 in 2022.
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