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Lifestyle And Entertainment Payment Practices Report 2022

•By PaymentCheck•Reports

UK Lifestyle & Entertainment Sector Shows Above-Average Payment Performance, But Wide Disparities Exist

The Numbers

  • Companies analysed: 45
  • Average PaymentCheck Score: 63.3/100
  • UK average (all sectors): 50.0/100
  • Lifestyle & Entertainment sector average above UK average: 13.3 points
  • Top PaymentCheck Score: 95.6/100 (CHICKEN CABINS LIMITED)
  • Bottom PaymentCheck Score: 13/100 (PUBLIC RESTAURANT PARTNER LIMITED)

What Stands Out

The Lifestyle and Entertainment sector outperforms the UK average for payment practices, scoring a respectable 63.3 out of 100. However, a vast gulf separates the best and worst payers, indicating inconsistencies in financial discipline within the sector. The fact that the top payer scores 95.6 and the worst scores just 13 underscores a real problem for suppliers dependent on prompt payment.

Best Payers

  1. CHICKEN CABINS LIMITED - 95.6/100
  2. MORLINY FOODS LIMITED - 94.8/100
  3. WE BUY ANY CAR LIMITED - 93.5/100
  4. THE GOOD EATING COMPANY LIMITED - 89.08/100
  5. BET365 GROUP LIMITED - 88.5/100

Worst Payers

  1. PUBLIC RESTAURANT PARTNER LIMITED - 13/100
  2. KANES FOODS LIMITED - 30.2/100
  3. HOVIS LIMITED - 33/100
  4. SK CHILLED FOODS LIMITED - 39.4/100
  5. RAIL GOURMET UK LIMITED - 43.23/100

Regional Patterns

Regional data presents a scattered picture. The single company in the "Unknown" region scores a high 82.0, while East of England also performs well with an average of 77.2 across five companies. London, with 13 companies, averages just 62.1, slightly below the sector average, suggesting greater payment challenges in the capital. The North East, while based on only two companies, closely mirrors the sector's average at 63.3.

Struggling with late payments? You can use this late payment calculator to understand your rights.

While the Lifestyle and Entertainment sector boasts an average PaymentCheck score of 63.3, 5 companies are paying at less than half the average, indicating a severe disparity in financial practices within the industry.