North East Payment Practices: A Marginal Improvement of 0.7 Points in 2022

The Comparison

• 2021: 136 companies surveyed, demonstrating an average payment score of 60.2 out of 100.
• 2022: 133 companies surveyed, reflecting an average payment score of 60.9 out of 100.

What This Means

While the number of companies surveyed decreased slightly from 136 to 133 between 2021 and 2022, the average payment score experienced a minor uptick of 0.7 points. The data suggests that overall payment behavior in the North East remained relatively consistent, with only a marginal improvement in average payment performance despite a small reduction in the sample size. late payment calculator

One-line summary: Despite a drop in company numbers from 136 to 133, payment practices in the North East saw a minimal improvement, increasing from 60.2 to 60.9.