UK Property Sector Payment Practices: A Mixed Bag in 2020

The Numbers

• Companies analysed: 452
• Average PaymentCheck Score: 63.8/100
• UK average: 50.0/100 (Property sector is 13.8 points above average)
• London average: 69.6/100 (110 companies)
• East of England average: 68.0/100 (52 companies)
• Northern Ireland average: 67.4/100 (9 companies)
• North East average: 65.1/100 (20 companies)
• Unknown average: 64.8/100 (8 companies)

What Stands Out

While the UK property sector collectively outpaces the national average for payment practices by a decent 13.8 points, the wide gulf between the best and worst payers highlights significant inconsistencies across the industry. The concentration of higher scores in London and the East of England suggests potential regional variations in financial health or payment culture, which is worth further study.

Best Payers

1. SIMPLE ENERGY LIMITED - 100/100
2. DYNO-ROD LIMITED - 100/100
3. DANNY SULLIVAN & SONS LTD. - 99.63/100
4. WALSALL HOUSING GROUP LIMITED - 99.4/100
5. HALSION HOLDINGS LIMITED - 98/100

Worst Payers

1. SUTTON MAINTENANCE LIMITED - 5.1/100
2. SWIFT GROUP LIMITED - 14.7/100
3. CROWN STREET DEVELOPMENTS 1 LIMITED - 16.53/100
4. WILLIAM KING LIMITED - 20.35/100
5. LIBERTY GAS GROUP LIMITED - 20.93/100

Regional Patterns

London leads the way with an average PaymentCheck score of 69.6 out of 100, surpassing the national property sector average by 5.8 points, although Northern Ireland is a close third, with only 9 companies analysed, so this number may not be fully representative. With an average of 64.8, the "Unknown" region demonstrates that almost 10% of companies were missing key details.

While the UK Property sector overall performs better than the national average, the massive spread between the top (100) and bottom (5.1) payers shows that prompt payments certainly aren't guaranteed. Calculate the impact of late payments with this late payment calculator.