Payment Practices in South East Improve Marginally: Average Score Rises to 67.7 Out of 100

The Comparison

Here’s a snapshot comparing payment performance in the South East across 2020 and 2021:

• 2020: Analysed 981 companies with an average payment score of 65.8 out of 100.
• 2021: Analysed 1000 companies with an average payment score of 67.7 out of 100.

What This Means

The data reveals a slight, almost negligible, improvement in payment practices within the South East region. The increase of just 2.0 points, despite a slight expansion in the sample size (from 981 to 1000 companies), suggests that while movement is positive, the pace of change is slow. Businesses struggling with delayed payments can use a late payment calculator to assess potential interest and compensation owed.

One-line summary: Analysing 981 businesses in 2020 (65.8/100) and 1000 in 2021 (67.7/100), payment practices improved by only 2.0 points.