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.
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.
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