The data suggests a near-static payment performance in Northern Ireland between 2021 and 2022, the improvement of 0.2 points signals virtually no tangible change. A slightly smaller sample size in 2022 could have influenced the average, though minimally considering the marginal score change. For businesses impacted by late payments, a late payment calculator, such as this late payment calculator, could be used to quickly calculate compensation and interest due.
One-line summary: Payment practices in Northern Ireland barely budged, with average scores rising negligibly from 61.8 (out of 100 from 66 firms) in 2021 to 62.0 (out of 100 from 62 firms) in 2022.
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The year-on-year decline of 0.1 points, while statistically insignificant, suggests a stagnation in payment performance
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