UK Property Sector Payment Practices: A Mixed Bag, But Generally Better Than Average

The Numbers

• Companies analysed: 74
• Average PaymentCheck Score: 56.7/100
• UK average PaymentCheck Score: 50.0/100
• Property-related Goods And Services average above UK average: 6.7 points
• London average: 66.8/100 (11 companies)
• Top payer score: 98.3/100
• Bottom payer score: 17.93/100

What Stands Out

The property-related goods and services sector's average payment score is demonstrably better than the UK average, but the gulf between the best and worst payers is remarkably wide. While London tops the regional rankings, the limited sample sizes outside London mean drawing definitive conclusions about regional payment cultures is risky.

Best Payers

1. HIGH SEAT LIMITED - 98.3/100
2. MODUS SERVICES LIMITED - 95.93/100
3. BLUM UK - 95.2/100
4. OXFORD DIRECT SERVICES LIMITED - 95.2/100
5. RATIONAL UK LIMITED - 94.47/100

Worst Payers

1. BELFIELD FURNISHINGS LIMITED - 17.93/100
2. INCENTIVE FACILITIES MANAGEMENT LIMITED - 19.5/100
3. RECKITT BENCKISER (UK) LIMITED - 20.23/100
4. WESTBRIDGE FURNITURE DESIGNS LIMITED - 21.7/100
5. BUCHER MUNICIPAL LIMITED - 23.1/100

Regional Patterns

London-based companies lead the way with an average payment score of 66.8, noticeably ahead of the sector average of 56.7. Yorkshire and the Humber come in second with 65.6, though this is based on only 6 companies, and South West and Wales are lagging behind, further analysis would be needed to draw any statistically significant conclusions about true regional trends.

One-line takeaway: Despite an overall PaymentCheck Score of 56.7, 6.7 points above the UK average, the spread of scores, from High Seat Limited's 98.3 down to Belfield Furnishings Limited's 17.93, highlights significant inconsistencies in payment practices within the UK property-related goods and services sector. Don't forget to make use of a late payment calculator.