The fact that Scottish firms significantly outperform the UK average suggests a potentially stronger payment culture north of the border. However, the vast spread between the best and worst payers indicates considerable inconsistencies within Scotland itself, with some businesses struggling – or choosing not – to pay promptly.
These companies achieved near-perfect PaymentCheck Scores, demonstrating best-in-class payment practices:
These companies' low PaymentCheck Scores raise concerns about their payment behaviour and potential impact on their suppliers. These scores suggest some businesses are taking a long time to pay invoices, leaving suppliers short.
While the top three sectors – Healthcare And Wellbeing (100.0), Data (96.3), and Transportation Infrastructure (92.1) – all recorded extremely high scores, only one company each represented these sectors. Human Resources (80.4 average from 5 companies) and Software (79.0 average from 3 companies) suggest these sectors exhibit better payment practices than the average PaymentCheck score of 63.7, but the small sample sizes make drawing broader conclusions difficult. A more comprehensive analysis across multiple sectors would be needed to determine reliable sector-based trends in Scottish payment practices.
Scottish companies on average boast PaymentCheck scores 13.7 points above the UK average, but the worst performers are lagging far behind the best, highlighting the need for greater transparency and enforcement of prompt payment standards. If you're dealing with slow payers, then calculate the late payment interest you're owed with our late payment calculator.
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