North West Payment Practices Report 2025
North West Companies Outpace UK Average in Payment Performance
The Numbers
- Companies Analysed: 405
- Average PaymentCheck Score (North West): 65.4/100
- UK Average PaymentCheck Score: 50.0/100
- North West Average Above UK Average: 15.4 points
What Stands Out
While the North West is ahead of the national average, a wide performance gap exists with some companies achieving perfect scores and others struggling significantly, suggesting a lack of consistency. Furthermore, the dominance of one company (PAYSTREAM MY MAX) in the top payer list across multiple entities is interesting and warrants further investigation into their specific payment strategies.
Best Payers
The top payers in the North West demonstrate what's achievable when payment processes are prioritised.
- PERSHING SECURITIES LIMITED - 100/100
- PAYSTREAM MY MAX HOLDINGS LIMITED - 100/100
- PAYSTREAM MY MAX 3 LIMITED - 100/100
- FOCUSED GROUP LIMITED - 100/100
- PAYQUEST GROUP LIMITED - 99.6/100
Worst Payers
The bottom payers paint a less flattering picture, highlighting major companies with significant room for improvement.
- BOOHOO.COM UK LIMITED - 11.2/100
- CAMMELL LAIRD SHIPREPAIRERS & SHIPBUILDERS LIMITED - 13.2/100
- THG SHARED SERVICES LIMITED - 14.3/100
- SHOP DIRECT FINANCE COMPANY LIMITED - 16.3/100
- SCHOELLER ALLIBERT LIMITED - 19.7/100
Sector Breakdown
The sector breakdown, while limited by small sample sizes in some areas, does reveal some pockets of excellence.
- Physical Health: 99.6 avg (1 companies)
- Data: 97.2 avg (1 companies)
- Human Resources: 92.2 avg (11 companies)
- Train Travel: 86.8 avg (1 companies)
- Care Services: 83.0 avg (8 companies)
The Human Resources sector's average of 92.2, based on 11 companies, suggests a strong commitment to prompt payment within that industry in the region. However, the overall limited company numbers per sector mean it's hard to draw any firm conclusions.
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While the North West averages 65.4/100, Boohoo.com UK Limited's score of 11.2/100 demonstrates a significant disparity that drags down the region's overall payment performance.