Despite a decrease in the number of companies assessed, the average payment performance in the North East has shown negligible movement year-on-year. This flatlining suggests consistent payment behaviours across the region, but also indicates a lack of tangible improvement despite ongoing conversations about payment terms and promptness. Companies experiencing payment delays can calculate potential interest and compensation using a late payment calculator.
One-line summary: North East payment practices held steady, with an average score of 63.3/100 maintained across both 2023 (139 companies) and 2024 (131 companies).
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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
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