UK Tech's Payment Performance: A Mixed Bag in 2022

The Numbers

• Companies analysed: 64
• Average PaymentCheck Score (IT Sector): 67.7/100
• UK Average (all sectors): 50.0/100
• IT Sector Advantage: +17.7 points
• East of England Average: 81.9/100 (8 companies)
• London Average: 70.6/100 (19 companies)
• Worst Payer Score: 19.1/100

What Stands Out

While the UK's IT sector beats the national average on payment practices, a 67.7/100 average score still suggests there's significant room for improvement, considering a perfect score is 100. The sheer disparity between the best and worst performers is also striking, highlighting a lack of consistency across the industry.

Best Payers

1. DATALYNX LIMITED - 97.6/100
2. ITC INFOTECH LIMITED - 96.97/100
3. LIMEJUMP LTD - 96/100
4. MASS CONSULTANTS LIMITED - 95.84/100
5. COMMVAULT SYSTEMS LIMITED - 95/100

Worst Payers

1. NOKIA UK LIMITED - 19.1/100
2. EXCLUSIVE NETWORKS LIMITED - 25.69/100
3. AVAYA UK - 31.68/100
4. MAVENIR SYSTEMS LIMITED - 38.81/100
5. UNIT4 BUSINESS SOFTWARE LIMITED - 42.15/100

Regional Patterns

The East of England, with an average of 81.9/100, appears to have the strongest payment culture in the IT sector, based on this sample; London's slightly above-average score of 70.6/100, representing a larger group of 19 companies, may be a more representative indicator of typical performance. The small sample size in other regions means their averages might be skewed by outliers.

It's frustratingly difficult to get paid on time, late payment calculator.

Ultimately, the wide spread of scores - from Datalynx's near-perfect 97.6 to Nokia UK's dismal 19.1 - indicates the IT sector isn't a monolith when it comes to paying suppliers promptly.