← Back to Reports

Safety And Security Payment Practices Report 2024

•By PaymentCheck•Reports

UK Safety & Security Sector Pays Suppliers Significantly Faster Than Average in 2024

The Numbers

  • Companies analyzed: 47
  • Average PaymentCheck Score: 71.3/100
  • UK average PaymentCheck Score: 50.0/100
  • Difference between sector average and UK average: 21.3 points
  • PaymentCheck Score of top payer, RSM UK MANAGEMENT LIMITED: 98.8/100
  • PaymentCheck Score of bottom payer, BLAENAVON FORGINGS LIMITED: 36.45/100

What Stands Out

The Safety & Security sector's average PaymentCheck Score of 71.3 is substantially higher than the UK average of 50, suggesting a stronger commitment to prompt supplier payments. However, the wide disparity between the best and worst payers indicates that payment practices are far from uniform across the sector. It’s worth noting the best payers in the sector tend to be large, well-established entities.

Best Payers

  1. RSM UK MANAGEMENT LIMITED - 98.8/100
  2. G4S SECURE SOLUTIONS (IRAQ) LIMITED - 96.4/100
  3. BAE SYSTEMS (MILITARY AIR) OVERSEAS LIMITED - 93.7/100
  4. ASCENT FLIGHT TRAINING (MANAGEMENT) LIMITED - 92.5/100
  5. AIRTANKER LIMITED - 91.9/100

Worst Payers

  1. BLAENAVON FORGINGS LIMITED - 36.45/100
  2. DE LA RUE HOLDINGS LIMITED - 37.25/100
  3. APOLLO FIRE DETECTORS LIMITED - 37.35/100
  4. PROTEC FIRE DETECTION PUBLIC LIMITED COMPANY - 37.4/100
  5. G4S SECURITY SERVICES (UK) LIMITED - 41.7/100

Regional Patterns

The "Unknown" region has an average PaymentCheck score of 85.8, but with only 2 companies represented, this number isn't reliable. The other regions are all close together: East of England scores 73.5, London scores 73.2, South East scores 71.8 and South West also scores 71.8. The similar average scores across these regions suggest location isn't a strong indicator of payment practices within this sector.

Are you struggling with late payments? Calculate the interest you're owed by visiting this late payment calculator.

While the average PaymentCheck score in the Safety & Security sector is a respectable 71.3/100, suppliers need to carefully evaluate individual companies, as shown by the significant range from RSM UK MANAGEMENT LIMITED's 98.8 down to BLAENAVON FORGINGS LIMITED's 36.45.