Property-related Goods And Services Payment Practices Report 2020
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
- RATIONAL UK LIMITED - 94.9/100
- SHARKNINJA EUROPE LTD - 94.3/100
- VELUX COMPANY LTD. - 90.9/100
- GOV FACILITY SERVICES LIMITED - 89.87/100
- CNA SERVICES (UK) LIMITED - 86.6/100
Worst Payers
- T. C. LANDSCAPES LIMITED - 18.9/100
- BUCHER MUNICIPAL LIMITED - 22.8/100
- WESTBRIDGE FURNITURE DESIGNS LIMITED - 24/100
- BRINTONS CARPETS LIMITED - 24.37/100
- 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.