Safety And Security Payment Practices Report 2023
UK Safety & Security Sector Shows Strong Payment Performance, But Deep Divides Persist
The Numbers
- Companies analysed: 51
- Average PaymentCheck Score: 70.5/100
- UK average (all sectors): 50.0/100 (Safety And Security is 20.5 points above)
- Top payer: G4S LIMITED - 100/100
- Bottom payer: CAPITA SECURE INFORMATION SOLUTIONS LIMITED - 22.2/100
What Stands Out
The Safety and Security sector is significantly outperforming the UK average in payment practices, with a 20.5-point lead, but the gap between the best and worst payers is considerable; G4S's perfect score is more than four times that of CAPITA Secure Information Solutions. The regional data suggests some geographic concentrations of better payment habits, although the small sample sizes outside of London and the East of England temper the strength of these conclusions.
Best Payers
- G4S LIMITED - 100/100
- RSM UK MANAGEMENT LIMITED - 99.08/100
- BABCOCK LAND DEFENCE LIMITED - 97.7/100
- ASCENT FLIGHT TRAINING (MANAGEMENT) LIMITED - 94.25/100
- BABCOCK MARINE TRAINING LIMITED - 91.3/100
Worst Payers
- CAPITA SECURE INFORMATION SOLUTIONS LIMITED - 22.2/100
- HIRE STATION LIMITED - 31.9/100
- BLAENAVON FORGINGS LIMITED - 33.65/100
- APOLLO FIRE DETECTORS LIMITED - 37.95/100
- PROTEC FIRE DETECTION PUBLIC LIMITED COMPANY - 40.1/100
Regional Patterns
London-based companies (75.2 average across 21 companies) show a relatively strong payment performance, slightly ahead of the East of England (74.9 average across 7 companies), which hints at a potential North/South divide. The South West is based on a single company, which makes it statistically insignificant, whereas three 'unknown' companies have the highest payment scores on average at 82.8, suggesting the regions might influence payment scores.
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Despite a sector average of 70.5/100, the nearly 80-point difference between G4S and CAPITA Secure Information Solutions suggests that strong payment practices aren't universally adopted in the UK Safety and Security sector.