UK Professional Services Pays Up – But Wide Gaps Persist

The Numbers

• Companies Analysed: 172
• Average PaymentCheck Score: 70.1/100
• UK Average (all sectors): 50.0/100
• Professional Services Average Above UK Average: 20.1 points
• Top PaymentCheck Score: 100/100 (VIRGO HEALTH PR LIMITED)
• Bottom PaymentCheck Score: 3.75/100 (OUTDOOR MEDIACOM LIMITED)
• Highest Regional Average: 80.4/100 (South West, 5 companies)
• Lowest Regional Average (of regions with enough data to be credible): 72.4/100 (London, 105 companies)

What Stands Out

While the professional services sector, on average, demonstrates significantly better payment practices than the UK norm, the vast disparity between the top and bottom performers is stark. A company scoring 3.75 out of 100 suggests potentially egregious payment delays or other problematic practices.

Best Payers

1. VIRGO HEALTH PR LIMITED - 100/100
2. EVERSHEDS SUTHERLAND LEGAL SERVICES LIMITED - 99.91/100
3. STHREE PARTNERSHIP LLP - 98.6/100
4. BADENOCH AND CLARK LIMITED - 98.5/100
5. FCB HEALTH HAMPSHIRE LIMITED - 98.1/100

Worst Payers

1. OUTDOOR MEDIACOM LIMITED - 3.75/100
2. KENNEDYS LAW LLP - 21.7/100
3. MINSTER LAW LIMITED - 23.35/100
4. APLEONA UK LIMITED - 24/100
5. ALTRAD BABCOCK LIMITED - 28.85/100

Regional Patterns

The South West shows the strongest payment performance at 80.4, but the small sample size of only 5 companies makes it less definitive. London, with the largest sample size of 105 companies, falls below the sector average at 72.4, suggesting that the sheer volume of transactions in the capital might present challenges.

Consider using a late payment calculator if you're struggling with late payments.

One-Line Takeaway

Despite a relatively high sector average of 70.1, the 96.25-point difference between the best and worst payers illustrates that some businesses within UK Professional Services have serious work to do on payment ethics.