The UK Events and Venues sector is performing significantly better than the national average when it comes to payment practices, but the range of scores indicates considerable inconsistency across the sector. While some companies achieve perfect scores, a worrying number fall significantly below the average, potentially squeezing their suppliers.
The regional data is interesting but somewhat limited by sample size. Wales tops the chart with a 90.5 average, but this figure is based on only two companies, meaning any further sector analysis by region should be taken with a grain of salt. Areas with low data can't be considered statistically relevant for the whole Events and Venues sector.
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Despite the sector's high average, suppliers should be wary; the spread of PaymentCheck scores, with some companies scoring as low as 18.93 out of 100, highlights the need for due diligence.
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