While the number of companies assessed decreased slightly between 2023 and 2024, the average payment performance score experienced a modest increase. A 2.3-point improvement suggests a marginal, though positive, shift in payment behavior among Scottish businesses, indicating potentially strengthened processes or a slightly improved economic climate impacting payment timelines. Businesses struggling with late payments can use a late payment calculator to calculate interest owed.
One-line summary: In 2024, the average payment performance of 271 Scottish companies reached 69.0/100, a 2.3-point gain from the 66.7/100 score registered by 273 companies in 2023.