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Property-related Goods And Services Payment Practices Report 2022

•By PaymentCheck•Reports

UK Property Sector Payments Beat Average, But Stark Divides Persist

The Numbers

  • Companies analysed: 77
  • Average PaymentCheck Score: 58.9/100
  • UK average: 50.0/100 (Property-related Goods And Services is 8.9 points above)
  • London average: 69.4 (12 companies)
  • Yorkshire and The Humber average: 67.0 (6 companies)
  • South West average: 66.0 (2 companies)
  • Unknown region average: 63.5 (1 company)
  • Scotland average: 60.5 (3 companies)

What Stands Out

While the property-related goods and services sector outperforms the UK average in payment practices with a score of 58.9/100, the wide range between top and bottom performers – a staggering 78.65 points between RATIONAL UK LIMITED and RECKITT BENCKISER (UK) LIMITED – suggests significant disparities within the industry. London-based companies lead regionally, with an average score of 69.4, suggesting a potential correlation between location and payment efficiency.

Best Payers

  1. RATIONAL UK LIMITED - 97.85/100
  2. HIGH SEAT LIMITED - 97.8/100
  3. CNA SERVICES (UK) LIMITED - 93.75/100
  4. AMEY COMMUNITY LIMITED - 93.2/100
  5. H YOUNG HOLDINGS PUBLIC LIMITED COMPANY - 92.2/100

Worst Payers

  1. RECKITT BENCKISER (UK) LIMITED - 19.2/100
  2. BUCHER MUNICIPAL LIMITED - 21.25/100
  3. HOTPOINT UK APPLIANCES LIMITED - 22.1/100
  4. WESTBRIDGE FURNITURE DESIGNS LIMITED - 30.6/100
  5. DREAMS LIMITED - 31.3/100

Regional Patterns

London stands out as the strongest performing region, averaging 69.4, comfortably exceeding the sector average of 58.9, while the limited sample size of some regions (South West with only 2 companies) makes broad regional conclusions difficult; the high London score is likely influencing the sector average.

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Despite a higher average PaymentCheck Score of 58.9/100, the sector's payment landscape is uneven, highlighted by the fact that the bottom five payers average only 24.89/100, indicating significant room for improvement.