Physical Health Payment Practices Report 2024
UK Physical Health Sector Shows Strong Payment Performance, But Laggards Remain
The Numbers
- Companies analysed: 8
- Average PaymentCheck Score: 79.8/100
- UK average (all sectors): 50.0/100
- Physical Health sector outperformance: 29.8 points above UK average
- Top payer score: 99/100 (PERSHING LIMITED)
- Bottom payer score: 45.2/100 (BANNATYNE FITNESS LIMITED)
- Regional high: North West average – 99/100 (1 company)
- Regional low: North East average – 45.2/100 (1 company)
What Stands Out
While the physical health sector significantly outperforms the UK average in payment practices, a wide disparity exists between the best and worst payers, as evidenced by a 53.8 point gap between Pershing and Bannatyne. Furthermore, the relatively small sample size (8 companies) means individual high or low scores dramatically influence regional averages, so regional data needs to be interpreted with caution.
Best Payers
- PERSHING LIMITED - 99/100
- THE GYM LIMITED - 90.4/100
- PLACES FOR PEOPLE LEISURE MANAGEMENT LTD. - 89.18/100
- DAVID LLOYD CLUBS LIMITED - 83.65/100
- NATIONAL FOOTBALL CENTRE LIMITED - 83.13/100
Worst Payers
- BANNATYNE FITNESS LIMITED - 45.2/100
- VIRGIN ACTIVE LIMITED - 65.6/100
- DAVID LLOYD LEISURE LIMITED - 82.25/100
- NATIONAL FOOTBALL CENTRE LIMITED - 83.13/100
- DAVID LLOYD CLUBS LIMITED - 83.65/100
Regional Patterns
The North West, with its single company (PERSHING LIMITED), displays the highest average payment score at 99/100, while the North East, also represented by a single company (BANNATYNE FITNESS LIMITED), shows the lowest average at 45.2/100, pointing towards potential regional differences or, more realistically, highlighting the impact of individual companies on limited data sets. London boasts a higher average than the East of England, at 82.1/100 and 83.0/100 respectively, but with larger samples sizes in London it's difficult to derive a strong conclusion on regional effectiveness of payment.
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With the top payer exceeding the sector average by almost 20 points, at 99/100 versus 79.8/100, suppliers to the physical health sector would be well advised to carefully consider who they work with.