While the UK supply chain sector shows a marginally better average payment performance than the national average, the extreme disparity between the best and worst payers – a chasm of 88.4 points – raises concerns about fairness and financial strain on smaller suppliers. The sector average of 57.4 isn't exactly cause for celebration, hinting that while better than the norm, there's still a considerable way to go to reach consistent, healthy payment practices.
Regional data's a bit thin on the ground, but London-based companies showed an average PaymentCheck Score of 69.8, substantially higher than the overall sector average, suggesting businesses in the capital may be more diligent about timely payments within the supply chain. It's worth noting that the "Unknown" region scored highest, at 85.6, but with only two companies represented, it's statistically insignificant. If you're struggling with late payments, here is a late payment calculator to see what you might be owed.
With a sector average of 57.4 versus Eviosys Packaging's dismal 10.3, some companies are lagging far behind, while others like Secret Escapes are hitting near-perfect scores, confirming 2022 was marked by payment practice inconsistency in the UK supply chain.
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