While London firms are clearly ahead of the national average, the range between the best and worst payers in the city shows there's still room for improvement. The worst payers are still scoring relatively high, indicating a general commitment to somewhat reasonable payment practices.
These companies aced their payment performance, achieving a perfect 100/100:
These firms represent diverse sectors, from investments to marketing, suggesting that excellent payment practice isn't limited to any single industry within London.
While still above average compared to the rest of the UK, these companies had the lowest PaymentCheck scores within our London sample:
Even the "worst" performers are scoring respectably, with the lowest score at 71.3. This suggests that while they're not top of the class, they're still demonstrably ahead of the UK average. Suppliers can use a late payment calculator to understand their rights.
Payment performance varies between sectors in London.
The Travel and Transportation sector demonstrates the best payment record with an average score of 91.9, while the Energy sector lags slightly behind with 89.5 - but only a marginal difference considering the number of companies analysed.
One-line takeaway: Despite the impressively high average PaymentCheck Score of 87.1 for London companies, even the lowest-scoring sector (Energy) surpasses the overall UK average of 50, highlighting a significant regional difference in payment practices.
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