The mental health and psychology sector demonstrates notably better payment practices compared to the UK average, but the extremely small sample size of four companies and the enormous gap between the best and worst performers suggests this data paints an incomplete, and potentially misleading, picture. With only one company representing each region outside of London, the regional data also likely lacks sufficient depth to draw firm conclusions.
Yorkshire and The Humber show the highest average payment performance at 85.2, significantly above London's 76.4, however, it's important to note this reflects the payment performance of a single company, LOCALA COMMUNITY PARTNERSHIPS C.I.C.. Wales presents a strikingly low average of 34.6, represented by DOW SILICONES UK LIMITED, indicating very slow payments within the mental health support provided by that company.
If you are worried about late payments, you can use a late payment calculator to work out how much you are owed in interest and compensation.
While the sector average is 68.1, 18.1 points better than the UK average, the massive range – from 34.6 to 85.15 – shows that payment practices can differ drastically, highlighting the risk suppliers face when working with companies even in seemingly better performing sectors.
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