Scottish companies, on average, are significantly better at paying their suppliers than their UK counterparts, exceeding the UK average by nearly 19 points. That said, a wide gulf exists between the best and worst payers, indicating considerable inconsistency in payment ethics across the Scottish business community.
Five companies achieved perfect PaymentCheck scores:
The consistent perfect scores suggest these organisations prioritise timely payments as a core business value.
The bottom five companies present a contrasting picture.
These scores suggest potential issues with payment processes, cash flow management, or a deliberate strategy of delayed payment. Businesses facing delays can calculate the impact with this late payment calculator.
While most sectors have too few data points to offer meaningful insights, financial services, with 20 companies averaging 89.6/100, shows a solid commitment to prompt payment within that industry. The standout sector for prompt payments seems to be software, but this is only based on two firms. We can't draw firm conclusions from that.
Ultimately, despite Scotland’s commendable 68.7/100 average, the disparity between the best and worst payers, where one group scores 100 and another scores 25, is a clear call for greater payment fairness across the board.
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