While the UK supply chain sector as a whole edges out the national average with a PaymentCheck score of 58.2/100, the range of scores reveals stark disparities; some companies are exemplary, while others lag far behind. The concentration of top payers in specific regions, like the South West, also suggests that geography – and perhaps local business culture – plays a role.
The South West, with an average score of 88.6/100 from just two companies, is the clear leader, but the sample size is too small to draw firm conclusions. London's average of 67.4/100 for its four companies is more representative, highlighting a respectable performance, whereas the South East is almost bang on the average for the sector at 58.7/100 based on 6 companies. If late payments are an issue, consider using a late payment calculator to work out what you are owed.
While the UK supply chain sits slightly above the national average, the difference between the top and bottom players is a jaw-dropping 78.87 points on the PaymentCheck scale, underscoring the inconsistency in payment practices.
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