UK Energy Sector Payments: Performance is Up, But Big Gaps Persist

The Numbers

Companies analysed: 202
Average PaymentCheck Score: 77.1/100
UK average: 50.0/100
Points above UK average: 27.1
Top score: 100/100 (5 companies)
Lowest score: 20.45/100 (OCS UK&I LIMITED)
Regional average highest: West Midlands (84.0/100, 8 companies)
Regional average lowest: South East (77.6/100, 35 companies)

What Stands Out

While the energy sector's average PaymentCheck Score of 77.1/100 is significantly better than the UK average of 50.0/100, a wide performance gap exists. The difference of nearly 80 points between the best and worst payers shows that good payment practices aren't uniformly adopted across the industry.

Best Payers

FLEETCOR EUROPE LIMITED - 100/100
ROSNEFT MARINE (UK) LIMITED - 100/100
CNR INTERNATIONAL (U.K.) DEVELOPMENTS LIMITED - 100/100
CASTROL LIMITED - 100/100
EASTERN POWER NETWORKS PLC - 100/100

Worst Payers

OCS UK&I LIMITED - 20.45/100
CLARIOS UK LIMITED - 21.13/100
BEL VALVES LIMITED - 29.74/100
BAKER HUGHES ENERGY TECHNOLOGY UK LIMITED - 32.15/100
WOOD GROUP UK LIMITED - 32.4/100

Regional Patterns

The West Midlands leads the way with an average payment score of 84.0/100 across 8 companies, suggesting a localized focus on prompt payments. London, with the highest number of companies analysed (69), scored a respectable 80.2/100, showing a good baseline across a large sample size. The South East (35 companies), with a score of 77.6, shows the lowest regional average, indicating payment improvement may be needed for this region.

If you're dealing with late payments, you can use our late payment calculator to estimate interest and compensation.

Takeaway: Despite the energy sector's average payment score being 27.1 points above the UK average, the bottom 5 payers' average score of just 27.17/100 shows that some are not meeting the average, which highlights a need for better payment behaviour across the board.