The North West significantly outperforms the UK average on payment practices, showcasing a regional strength. However, the wide range between the highest and lowest scores (100 vs 5) highlights a stark contrast in payment ethics within the region.
These companies set the gold standard, all but guaranteeing timely payments:
Suppliers should approach these companies with caution, as their payment history suggests potential delays:
While most sectors have multiple data points, the dominance of a 99.0 average in Physical Health, albeit based on a single company, raises questions about sector-specific payment cultures. It's also worth noting that Human Resources (86.1 avg across 17 companies) and Care Services (86.0 avg across 9 companies) show an above-average performance.
If you are worried about late payments, use a late payment calculator.
Despite a regional average 15.6 points above the UK, the significant disparity between the best and worst payers indicates that suppliers can't afford to be complacent in the North West.
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