Telecommunications Payment Practices Report 2023
UK Telecoms Payments: Above Average, But Depth of Data Raises Questions
The Numbers
- Companies analysed: 1
- Average PaymentCheck Score: 63.9/100
- UK average: 50.0/100
- Difference from UK Average: +13.9 points
- London Average: 63.9/100 (1 company)
What Stands Out
While the average PaymentCheck score for the telecom sector is significantly higher than the UK average, the analysis is based on a single company. This severely limits the insights we can draw, as this one data point is not necessarily representative of broader payment practices within the industry.
Best Payers
- G.NETWORK COMMUNICATIONS LIMITED - 63.87/100
Worst Payers
- G.NETWORK COMMUNICATIONS LIMITED - 63.87/100
Regional Patterns
London's average PaymentCheck score mirrors the overall telecoms average at 63.9, but again, this is based on just one company's payment data, G.NETWORK COMMUNICATIONS LIMITED, making any regional conclusions impossible.
Late payments can severely impact cash flow. Use this late payment calculator to work out what you're owed.
Takeaway: With a single company comprising the entire data set, the telecom sector's 13.9-point lead over the UK average is statistically meaningless and cannot be considered indicative of the industry as a whole.