Lifestyle And Entertainment Payment Practices Report 2024
UK Lifestyle and Entertainment Firms Pay Suppliers Significantly Faster Than Average
The Numbers
- Companies analysed: 47
- Average PaymentCheck Score: 70.2/100
- UK average: 50.0/100 (Lifestyle and Entertainment is 20.2 points above)
- West Midlands average: 86.7/100 (2 companies)
- South East average: 83.8/100 (12 companies)
- North West average: 70.8/100 (5 companies)
- London average: 65.8/100 (12 companies)
What Stands Out
The Lifestyle and Entertainment sector appears to be prioritizing timely payments to suppliers, boasting an average PaymentCheck score substantially higher than the national average, suggesting a healthier supply chain. Regional performance varies wildly, with the West Midlands significantly outperforming London, highlighting inconsistencies even within a relatively strong sector.
Best Payers
- KAZPER RESTAURANTS LIMITED - 98.6/100
- WE BUY ANY CAR LIMITED - 95.37/100
- RANK LEISURE HOLDINGS LIMITED - 93.1/100
- POSTCODE LOTTERY LIMITED - 91.45/100
- BET365 GROUP LIMITED - 91.25/100
Worst Payers
- PRO-DIRECT SPORT LIMITED - 42.43/100
- 2 SISTERS FOOD GROUP LIMITED - 42.5/100
- NISBETS LIMITED - 42.9/100
- THE BERKELEY HOTEL LIMITED - 44.25/100
- SIGNATURE FLATBREADS (UK) LTD - 47.1/100
Regional Patterns
The geographic spread reveals a concentrated pocket of strong payment ethics in the West Midlands, with an average PaymentCheck score of 86.7/100. In stark contrast, London-based lifestyle and entertainment companies showed an average score of just 65.8/100, placing them well below the sector average, although still above the UK average. You can use our late payment calculator if you've been impacted by slow payments.
While Lifestyle and Entertainment companies generally pay better than average, a significant difference of 56.17 points separates the best payer, KAZPER RESTAURANTS LIMITED (98.6/100), from the worst, PRO-DIRECT SPORT LIMITED (42.43/100).