While the number of companies analysed increased from 2020 to 2021, the average payment performance score only rose marginally. This small improvement suggests a gradual shift towards better payment practices, however the change might not be significant enough to indicate a fundamental overhaul. You can calculate the potential impact of late payments on your business using a late payment calculator.
Overall, Northern Ireland's payment performance saw a small upward tick, moving from an average score of 58.5 (59 companies) in 2020 to 61.8 (66 companies) in 2021.

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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