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Physical Health Payment Practices Report 2023

•By PaymentCheck•Reports

UK Physical Health Sector Pays Suppliers Significantly Faster Than Average, But Performance is Uneven

The Numbers

  • Companies analysed: 9
  • Average PaymentCheck Score: 68.0/100
  • UK average: 50.0/100 (Physical Health is 18.0 points above)
  • Top Payer: THE GYM LIMITED - 89.7/100
  • Bottom Payer: BANNATYNE FITNESS LIMITED - 45.25/100
  • North West average: 75.2/100 (1 company)
  • London average: 73.5/100 (5 companies)
  • East of England average: 62.3/100 (2 companies)
  • North East average: 45.3/100 (1 company)

What Stands Out

The Physical Health sector, based on this limited sample, significantly outperforms the UK average in payment practices. However, the spread between the best and worst payers – nearly 45 points – reveals inconsistent behaviour and suggests some suppliers are likely struggling with cash flow. It also must be noted that a company in London is the 5th worst performing which indicates that the sector can perform better

Best Payers

  1. THE GYM LIMITED - 89.7/100
  2. PLACES FOR PEOPLE LEISURE MANAGEMENT LTD. - 86.78/100
  3. NATIONAL FOOTBALL CENTRE LIMITED - 78.8/100
  4. PERSHING LIMITED - 75.2/100
  5. DAVID LLOYD LEISURE LIMITED - 65.1/100

Worst Payers

  1. BANNATYNE FITNESS LIMITED - 45.25/100
  2. LLOYDS PHARMACY LIMITED - 49/100
  3. DAVID LLOYD CLUBS LIMITED - 59.4/100
  4. VIRGIN ACTIVE LIMITED - 63/100
  5. DAVID LLOYD LEISURE LIMITED - 65.1/100

Regional Patterns

Regional data, while limited by sample size, points to significant disparities. The North East, represented by a single company, lags considerably behind London and the North West, indicating potential local economic pressures or company-specific payment issues. With only one company in North West, and two in East of England, it is hard to consider the averages as accurate.

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Although the Physical Health sector exceeds the UK average by 18 points, the presence of companies like BANNATYNE FITNESS LIMITED scoring just 45.25/100 suggests that many suppliers may experience late payments.