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Events And Venues Payment Practices Report 2021

•By PaymentCheck•Reports

UK Events & Venues Payment Practices: A Mixed Bag in 2021

The Numbers

  • 139 companies analysed in the UK Events and Venues sector.
  • Average PaymentCheck Score: 62.8/100.
  • UK Average PaymentCheck Score across all sectors: 50.0/100.
  • The Events and Venues sector averaged 12.8 points above the national average.
  • Wales had the highest regional average: 91.9/100 (based on only 2 companies).
  • D.P.K. FOODS LTD. achieved a perfect score of 100/100.
  • DOBBIES GARDEN CENTRES LIMITED scored a very low 5.73/100.

What Stands Out

The sector's average of 62.8 is a noticeable improvement over the UK average, suggesting a general commitment to timely payments, though clearly not universally. The sheer disparity between the best and worst performers is stark, with some companies paying exceptionally well and others falling far short.

Best Payers

  1. D.P.K. FOODS LTD. - 100/100
  2. HERTFORD HEATH LIMITED - 99.65/100
  3. REED & MACKAY TRAVEL LIMITED - 99.4/100
  4. MCDONALD'S RESTAURANTS LIMITED - 98.9/100
  5. LONETREE LIMITED - 98.13/100

Worst Payers

  1. DOBBIES GARDEN CENTRES LIMITED - 5.73/100
  2. PUBLIC RESTAURANT PARTNER LIMITED - 6.9/100
  3. CMBC SUPPLY LIMITED - 10.8/100
  4. AKER SOLUTIONS ANGOLA LIMITED - 18.5/100
  5. ASAHI UK LTD - 20.2/100

Regional Patterns

The data indicates a significant difference in payment performance across UK regions, though caution is required with small sample sizes. Wales' impressive average of 91.9 is based on only two companies, so it's far too early to conclude this is a meaningful trend. Similarly, the North East's average of 66.3 (based on two companies) doesn't provide substantial insights. East of England, with 16 companies and an average of 70.2, presents a slightly more reliable, if still limited, view.

If you're concerned about late payments, remember you can use our late payment calculator to work out what you're owed.

While the sector outperforms the UK average by 12.8 points, the performance of Dobbie's Garden Centres, who achieved a score of just 5.73, should be a huge red flag for potential suppliers.