UK Software Sector Payment Practices Significantly Outpace National Average in 2020

The Numbers

• Companies analysed: 146
• Average PaymentCheck Score (Software): 70.2/100
• Average PaymentCheck Score (UK average): 50.0/100
• Difference between Software and UK Average: 20.2 points

What Stands Out

While the software sector's average PaymentCheck score sits comfortably above the national average, the wide gulf between top and bottom performers suggests significant inconsistency in payment practices across the industry. With scores ranging from 0 to 100, the disparity highlights a potential risk for smaller suppliers reliant on prompt payment from all clients.

Best Payers

1. SILCHESTER CONTINUATION LIMITED - 100/100
2. EXPERIAN TECHNOLOGY LIMITED - 100/100
3. CLICK TRAVEL LTD - 99.8/100
4. INTERPUBLIC GIS (UK) LIMITED - 99.6/100
5. RBS INVOICE FINANCE LIMITED - 99.1/100

Worst Payers

1. BRS SYSTEMS LTD - 0/100
2. S&P GLOBAL UK LIMITED - 22/100
3. INFINIGATE GLOBAL SERVICES LIMITED - 25.1/100
4. MAMAS & PAPAS (DIGITAL) LIMITED - 30.83/100
5. ARROW ENTERPRISE COMPUTING SOLUTIONS LIMITED - 32/100

Regional Patterns

The regional data is limited and potentially misleading. While the East Midlands boasts an average score of 100, this is based on a sample size of just one company. London, with 72 companies assessed, shows an average PaymentCheck Score of 72.9, indicating that the majority of companies are paying pretty well, but perhaps masking some poorer payment behaviour within the capital.

Use this late payment calculator to estimate potential costs caused by delays.

The software sector is, on average, paying 40% better than the UK norm, but there are still some payment behaviours to avoid as the worst performer scored 0/100.