While the North West witnessed a positive shift in payment practices between 2020 and 2021, the overall improvement of 3.2 points suggests a modest, rather than radical, advancement. The survey's increased sample size of 492 companies in 2021, compared to 464 in 2020, possibly offers a more representative assessment of payment behaviours within the region. Consider using this late payment calculator to check late payment interest on invoices.
Summary: Payment performance in the North West improved slightly, moving from an average score of 62.2 across 464 companies in 2020 to 65.5 across 492 companies in 2021.