UK Software Sector Payment Practices: Mostly Good, With Some Notable Laggards

The Numbers

• Companies analysed: 152
• Average PaymentCheck Score: 75.7/100
• UK average: 50.0/100 (Software is 25.7 points above)
• Top 5 Payers: 100/100
• Bottom 5 Payers: Ranging from 32.09/100 to 42/100

What Stands Out

The UK software sector significantly outperforms the national average when it comes to payment practices, scoring 75.7 out of 100 compared to the UK's 50. That said, the wide range between the top and bottom performers highlights inconsistencies in how software firms treat their suppliers.

Best Payers

1. ELQ INVESTORS VIII LTD - 100/100
2. ALPHA FX LIMITED - 100/100
3. SILCHESTER CONTINUATION LIMITED - 100/100
4. FIRST SENTIER INVESTORS (UK) IM LIMITED - 100/100
5. EXPERIAN TECHNOLOGY LIMITED - 100/100

Worst Payers

1. RM EDUCATION LTD - 32.09/100
2. ARROW ENTERPRISE COMPUTING SOLUTIONS LIMITED - 35.9/100
3. AGILISYS LIMITED - 36.3/100
4. ZEBRA TECHNOLOGIES EUROPE LIMITED - 37.8/100
5. RM EDUCATIONAL RESOURCES LTD - 42/100

Regional Patterns

Regional data indicates that Wales leads the way with an average PaymentCheck score of 98.1, but that figure is based on just one company. Similarly, the North East's high average of 91.5 is based on a single firm. Scotland and Northern Ireland, with averages of 90.3 and 87.8 respectively, and a few more companies, suggest a potentially stronger trend towards better payment practices outside of England, but the sample sizes are small enough to be treated with caution.

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The UK software sector demonstrates a strong average payment score of 75.7, but the presence of companies scoring as low as 32.09 indicates a need for greater consistency and accountability in payment practices across the board.