UK Property Sector Payment Practices: Above Average, But Significant Disparities Persist

The Numbers

Companies analysed: 429
Average PaymentCheck Score: 68.3/100
UK average: 50.0/100 (Property is 18.3 points above)
London Average: 76.1 (111 companies)
East of England Average: 74.3 (49 companies)
Northern Ireland Average: 70.9 (7 companies)
South East Average: 68.0 (70 companies)
Wales Average: 67.7 (6 companies)

What Stands Out

The property sector's average PaymentCheck score of 68.3 is considerably better than the UK average of 50, suggesting a generally healthier payment culture. However, the spread between the best and worst payers is massive, highlighting inconsistent practices, and several regions are well above the average while others lag behind.

Best Payers

BP EXPLORATION (AZERBAIJAN) LIMITED - 100/100
DYNO-ROD LIMITED - 100/100
FERN TRADING LIMITED - 99.6/100
DANNY SULLIVAN & SONS LTD. - 99.52/100
EAU ROUGE PROPERTIES, LTD. - 98.93/100

Worst Payers

NOV DOWNHOLE EURASIA LIMITED - 15.2/100
SOCOTEC UK LIMITED - 20.9/100
CITY WEST WORKS LIMITED - 22.1/100
BAXI HEATING UK LIMITED - 23.95/100
KCA DEUTAG TECHNICAL SUPPORT LIMITED - 26.1/100

Regional Patterns

London leads the pack with an average score of 76.1 across 111 companies, indicating stronger payment performance in the capital, while Wales brings up the rear with an average of 67.7, based on only 6 companies, which means that the score is less reliable. The East of England, with an average of 74.3 across 49 companies, is also doing well.

Use our late payment calculator to understand the cost of late payments.

While the property sector beats the UK average, the difference between the top payer (BP EXPLORATION (AZERBAIJAN) LIMITED at 100/100) and the bottom (NOV DOWNHOLE EURASIA LIMITED at 15.2/100) exposes a significant disparity that needs addressing.