While not uniformly stellar, payment practices in the UK property sector are, on average, significantly better than the national norm, although digging deeper reveals some worrying outliers.
The sector's average PaymentCheck score of 66.3 is a comfortable margin above the national average, suggesting a generally healthy payment culture. However, the sheer disparity between the best and worst payers is stark, highlighting that "property sector" is a wide umbrella, containing some firms with excellent discipline and others that are, frankly, awful.
London-based property companies lead the way with an average PaymentCheck score of 73.0, based on a sample of 118 firms; this is over 6 points above the national sector average and clearly demonstrates that capital businesses, on average, prioritize getting their invoices paid. The North East lags behind other regions with an average of 67.2 (19 companies), indicating potential differences in business practices or financial health.
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While the average paints a positive picture, the spread of scores - from Sutton Maintenance's 18.1 up to multiple perfect 100s - screams caution, highlighting the critical importance of due diligence before working with any firm in this space.
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