UK Healthcare & Wellbeing Sector Leads the Way on Payment Practices, but Some Big Names Lag

The Numbers

• 75 companies in the UK Healthcare & Wellbeing sector were analyzed.
• Average PaymentCheck Score: 65.3/100
• UK average PaymentCheck Score: 50.0/100
• Healthcare & Wellbeing sector's average is 15.3 points above the UK average.
• Scotland's average payment score (based on one company) is 100/100.

What Stands Out

The Healthcare & Wellbeing sector significantly outperforms the UK average when it comes to payment practices, suggesting a generally healthy financial flow within the industry. However, the wide range between the best and worst payers indicates considerable inconsistency, with some prominent companies failing to meet expected payment standards.

Best Payers

1. LORENA INVESTMENTS LIMITED - 100/100
2. VICTIM SUPPORT - 99.4/100
3. MOTABILITY OPERATIONS LIMITED - 98.3/100
4. PHYLLIS TUCKWELL MEMORIAL HOSPICE LIMITED - 96.8/100
5. OASIS DENTAL CARE LIMITED - 93.6/100

Worst Payers

1. BESTWAY PHARMACY NDC LIMITED - 20.5/100
2. BOOTS INTERNATIONAL LIMITED - 27.28/100
3. COTY MANUFACTURING UK LIMITED - 28.75/100
4. PZ CUSSONS (UK) LIMITED - 29.29/100
5. HOLCHEM LABORATORIES LIMITED - 29.85/100

Regional Patterns

The data suggests a geographic disparity, with Scotland leading at 100, though based on a single data point, and London's average of 70.8 indicates a potentially more challenging payment environment for businesses operating in the capital, compared to Wales (78.7) and the South West (77.5).

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While the Healthcare & Wellbeing sector boasts an average payment score of 65.3, significantly surpassing the national average of 50, the bottom five payers – including well-known names like Boots and PZ Cussons – fall far short, highlighting a stark contrast in payment ethics within the industry.