PAYMENTCHECK
HomeCompany SearchGet Your ScoreAwards

Categories

Loading categories...

Recent Posts

Loading recent posts...

Resources

  • Late Invoice Calculator
  • Company Search
  • Browse by Sector
  • Browse by Region

Share Your Story

Have you experienced late payments? Share your story to help other businesses.

Submit Your Story

PaymentCheck

Our mission is to change the culture of late payments in the UK and help save over 55,000 companies every year which close due to cashflow issues.

Services

  • Payment Check
  • Business Solutions
  • API Access
  • Invoice Calculator
  • Late Payment Help
  • Get Your Score
  • Get Certified
  • For Accountants

Company

  • About Us
  • Contact
  • Blog
  • Search Archive
  • Compare
  • EULA
  • Privacy Policy
  • Terms and Conditions

Awards

  • Methodology
  • 2025 Awards
  • 2024 Awards
  • 2023 Awards
  • 2022 Awards
  • 2021 Awards
  • 2020 Awards

Contact

  • office@paymentcheck.co.uk
  • +44 (0) 7915 608 057
  • Send Your Story

© 2026 Payment Check Ltd

Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH

Made by Alastair Campbell

PAYMENTCHECK
HomeCompany SearchGet Your ScoreAwards
← Back to Reports

Raw Materials And Intermediate Goods Payment Trends: 2022 vs 2023

5 September 2024•By Alastair Campbell, Founder•Reports

Raw Materials & Intermediate Goods Payment Practices Improve Marginally: Up 0.5 Points in 2023

The Comparison

Here's a look at the payment performance scores within the Raw Materials & Intermediate Goods sector, comparing 2022 and 2023:

  • 2022: Analysis of 127 companies yielded an average payment performance score of 54.3 out of 100.
  • 2023: The sector saw a slight increase in performance, with 134 companies averaging a score of 54.8 out of 100.

What This Means

While the sample size increased by seven companies year-on-year, the overall improvement of 0.5 points suggests relative stability in payment practices within the Raw Materials & Intermediate Goods sector. This modest increase is unlikely to be perceptible to individual businesses operating in this space.

If you have late invoices in this sector you can use our late payment calculator.

In summary: 2023 average payment score: 54.8/100, up from 54.3/100 in 2022.

Still waiting to be paid?

A reminder from you is easy to ignore. PaymentCheck sends a formal late payment notice on your behalf — from a third party that publicly tracks the payment behaviour of 9,600+ UK companies. Free, and it takes 60 seconds.

Read next

Late payment in the UK is quietly improving — but your invoice still depends on who you sell to

Late payment in the UK is quietly improving — but your invoice still depends on who you sell to

We analysed over 100,000 published UK payment-practice reports. Late payment is falling — from 20% of invoices paid outs

UK Company Payment Practices 2025: Biggest Risers, Fallers & New Entrants

How UK companies' payment practices changed in 2025 — the biggest improvers, the firms slipping, and the strongest new e

Agriculture Payment Practices Report 2025

The UK agriculture sector is significantly outperforming the UK average for payment practices, suggesting a degree of fi

Northern Ireland Payment Trends: 2024 vs 2025

The year-on-year decline of 0.1 points, while statistically insignificant, suggests a stagnation in payment performance

Categories

Loading categories...

Recent Posts

Loading recent posts...

Resources

  • Late Invoice Calculator
  • Company Search
  • Browse by Sector
  • Browse by Region

Share Your Story

Have you experienced late payments? Share your story to help other businesses.

Submit Your Story

PaymentCheck

Our mission is to change the culture of late payments in the UK and help save over 55,000 companies every year which close due to cashflow issues.

Services

  • Payment Check
  • Business Solutions
  • API Access
  • Invoice Calculator
  • Late Payment Help
  • Get Your Score
  • Get Certified
  • For Accountants

Company

  • About Us
  • Contact
  • Blog
  • Search Archive
  • Compare
  • EULA
  • Privacy Policy
  • Terms and Conditions

Awards

  • Methodology
  • 2025 Awards
  • 2024 Awards
  • 2023 Awards
  • 2022 Awards
  • 2021 Awards
  • 2020 Awards

Contact

  • office@paymentcheck.co.uk
  • +44 (0) 7915 608 057
  • Send Your Story

© 2026 Payment Check Ltd

Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH

Made by Alastair Campbell