South West Payment Practices: 5-Year Analysis (2020-2025)
South West Payment Practices: Score Improves by 6.2 Points Between 2020 and 2025
The Comparison
A data-driven look at payment practices in the South West region, comparing 2020 with 2025:
- 2020: A sample of 293 companies in the South West region yielded an average payment score of 65.3 out of 100.
- 2025: A smaller sample of 241 companies in the same region shows an average payment score of 71.5 out of 100.
What This Means
Despite a drop of 52 surveyed firms, the average payment score in the South West has improved, albeit by a relatively small margin. This suggests that, at least among the companies surveyed, payment practices may be trending in a slightly more positive direction, though further investigation into the reasons for the score change and sample size reduction would be beneficial. Use our late payment calculator to estimate potential interest and charges on overdue invoices.
One-line summary: While fewer companies were sampled, the South West saw a 6.2-point average payment score increase, from 65.3 (2020) to 71.5 (2025).