South West Payment Trends: 2024 vs 2025
Payment Performance in South West Improves Slightly: 2025 Sees Marginal Gain of 0.8 Points
The Comparison
- 2024: A study of 286 companies in the South West region yielded an average payment performance score of 70.7 out of 100.
- 2025: A similar analysis of 241 companies reveals a slightly improved average score of 71.5 out of 100.
What This Means
While the overall trend is positive, the 0.8-point increase suggests only a marginal improvement in payment practices year-over-year. This small shift may reflect ongoing, region-specific economic conditions influencing businesses' abilities to manage cash flow, or a change in the companies surveyed. Businesses experiencing payment delays can use this late payment calculator to assess their options.
Summary: In the South West, average payment performance rose from 70.7/100 (286 companies) in 2024 to 71.5/100 (241 companies) in 2025.