The UK hardware sector's average PaymentCheck score of 71.0 is significantly higher than the UK average of 50.0, suggesting generally better payment practices in this area. However, there's a huge disparity between the best and worst payers, with a range of 63.5 points separating them, indicating that while some companies are exemplary, others are struggling or perhaps less focused on timely payments.
Northern Ireland, with an average of 89.1, is a very small sample size (1 company) and therefore not very conclusive, but indicates strong payment performance. The South West (83.3 avg) and Scotland (82.0 avg) show a good record too but London (73.5 avg) and the North West (71.5 avg) are close to the national hardware sector average.
If you are paid late, you may want to use a late payment calculator to understand your options.
The UK Hardware sector shows better payment practices than the UK average, but with bottom-performing companies like TECHNETIX LIMITED at 33.1/100, suppliers should be mindful and proactive about payment terms.
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