While the North East as a whole performed above the national average, the large spread between the top and bottom payers indicates significant inconsistencies in payment practices across the region. It's notable that the top payers feature several organisations focused on care and support, suggesting a commitment to timely payments within that sector.
These North East companies demonstrate strong payment ethics, achieving scores well above the regional average:
These companies' scores suggest significant room for improvement in their payment practices:
Care Services (87.6 avg) significantly outperforms other sectors, while the single Professional Services company analysed (65.9 avg) suggests potential payment challenges in that area, albeit based on a very small sample size; more data is needed to draw robust conclusions about that particular sector. The higher scores in Care and Education (70.4 avg) versus Raw Materials (67.9 avg) could be due to differing financial pressures or organisational structures.
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Despite the North East average exceeding the UK benchmark by 8.9 points, the bottom payer's score of 20.08 reveals some companies are still struggling to meet payment obligations.
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The UK agriculture sector is significantly outperforming the UK average for payment practices, suggesting a degree of fi
The year-on-year decline of 0.1 points, while statistically insignificant, suggests a stagnation in payment performance
The UK air travel sector significantly outperforms the national average when it comes to payment practices, achieving a
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