The UK's Media and Publishing sector significantly outperforms the national average for payment practices, suggesting generally healthy cash flow and a commitment to timely supplier payments. However, a nearly 65-point difference between the best and worst payers reveals stark internal inequalities. We can use this late payment calculator to work out late fees and compensation.
While the sample sizes are very small, it's notable that the single company with an unknown region reported the same score (96.3) as Sony Music Entertainment UK Limited. Wales follows, with an average of 92.7, followed by West Midlands (88.3) and Yorkshire and The Humber (84.2). These regional comparisons are indicative at best, given the low number of companies reported per region, but may warrant further investigation with more data.
The data underscores a considerable performance gap; while the average score is 73.1, companies like The Orion Publishing Group Limited are lagging nearly 40 points behind.
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