Property-related Goods And Services Payment Practices Report 2020

By PaymentCheckReports

UK Property-Related Goods and Services Sector Pays Just Above Average

The Numbers

  • Companies Analysed: 77
  • Average PaymentCheck Score: 53.2/100
  • UK Average: 50.0/100
  • Property Sector Advantage: 3.2 points
  • Top Payer: RATIONAL UK LIMITED - 94.9/100
  • Bottom Payer: T. C. LANDSCAPES LIMITED - 18.9/100
  • Scotland Average (3 companies): 64.8/100
  • Wales Average (3 companies): 64.5/100
  • South West Average (2 companies): 64.2/100
  • London Average (10 companies): 61.1/100
  • Yorkshire and The Humber Average (8 companies): 55.3/100

What Stands Out

While the property-related goods and services sector does outperform the UK average in payment practices, the 3.2-point lead isn't exactly cause for celebration. The wide range between the top and bottom payers – a yawning 76-point gap between RATIONAL UK LIMITED and T. C. LANDSCAPES LIMITED – suggests significant inconsistency within the sector.

Best Payers

  1. RATIONAL UK LIMITED - 94.9/100
  2. SHARKNINJA EUROPE LTD - 94.3/100
  3. VELUX COMPANY LTD. - 90.9/100
  4. GOV FACILITY SERVICES LIMITED - 89.87/100
  5. CNA SERVICES (UK) LIMITED - 86.6/100

Worst Payers

  1. T. C. LANDSCAPES LIMITED - 18.9/100
  2. BUCHER MUNICIPAL LIMITED - 22.8/100
  3. WESTBRIDGE FURNITURE DESIGNS LIMITED - 24/100
  4. BRINTONS CARPETS LIMITED - 24.37/100
  5. BELFIELD FURNISHINGS LIMITED - 24.5/100

Regional Patterns

Scotland, Wales, and the South West all boast averages exceeding 64/100, suggesting better payment cultures in those regions within this sector, but the low company sample size undermines the significance; conversely, despite having 10 companies to its name, London's 61.1 average still falls shy of the top performing regions.

Small suppliers struggling with late payments can use a late payment calculator to assess the impact.

While it's above average, the property sector's overall PaymentCheck score of 53.2/100 shows there's definite room for improvement to get closer to a perfect 100, especially when the worst payers languish below 25/100.