Scottish companies are, on average, significantly better payers than their UK counterparts, evidenced by a 16.7 point lead in the PaymentCheck Score. However, there's a wide gulf between the best and worst performers, indicating inconsistency across businesses in Scotland.
These five companies achieved a perfect score of 100/100, demonstrating exemplary payment practices.
These companies significantly lag behind, potentially causing cash flow problems for their suppliers.
The sector data is limited by very small sample sizes, so broad conclusions are hard to justify, but Transportation Infrastructure, with one company scoring 97.0, and Data, with one company scoring 96.6, are the top two sectors. Financial Services, with a sample of 21 companies, recorded an average of 89.9. Given the sample size for most of these sectors, this information provides very little practical insight.
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TAKEAWAY: Despite an overall higher PaymentCheck Score of 66.7, the presence of companies scoring as low as 11.37 reveals significant disparity in payment practices across Scotland.
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