Mental Health And Psychology Payment Practices Report 2021
UK Mental Health Sector Outpaces National Payment Average, But Data Paints Incomplete Picture
The Numbers
- Companies analysed: 4
- Average PaymentCheck Score: 70.5/100
- UK average: 50.0/100 (Mental Health And Psychology is 20.5 points above)
- Top score: 89.7/100 (WE ARE WITH YOU)
- Lowest score: 33.9/100 (DOW SILICONES UK LIMITED)
- London average: 84.6/100 (2 companies)
- Yorkshire and The Humber average: 78.7/100 (1 company)
- Wales average: 33.9/100 (1 company)
What Stands Out
With only four companies in the sample, drawing definitive conclusions about payment practices in the entire UK Mental Health And Psychology sector is tricky. While the average PaymentCheck score of 70.5/100 is significantly better than the national average of 50.0/100, the data is heavily influenced by the strong performance of three organisations.
Best Payers
- WE ARE WITH YOU - 89.7/100
- OPTIMA HEALTH UK LIMITED - 79.5/100
- LOCALA COMMUNITY PARTNERSHIPS C.I.C. - 78.73/100
Worst Payers
- DOW SILICONES UK LIMITED - 33.9/100
- LOCALA COMMUNITY PARTNERSHIPS C.I.C. - 78.73/100
- OPTIMA HEALTH UK LIMITED - 79.5/100
- WE ARE WITH YOU - 89.7/100
Regional Patterns
London leads the way with an average PaymentCheck score of 84.6/100 for the two companies within the region, but Wales lags significantly behind, posting a score of only 33.9/100 – that's more than 50 points difference. However, these figures are based on very small sample sizes.
Need to chase an invoice? Use a late payment calculator.
The takeaway: while the average PaymentCheck score for the analyzed companies is 70.5/100, the inclusion of only four businesses and the geographical disparity of payment scores between London (84.6/100) and Wales (33.9/100) indicate the need for a more expansive dataset to offer statistically robust observations regarding payment practices in the UK Mental Health and Psychology sector.