This analysis of payment practices in the UK Transportation Infrastructure sector for 2024, while positive, comes with a significant caveat: it's based on data from just two companies. While those companies show significantly better payment behaviour than the UK average, the small sample size makes it hard to draw sweeping conclusions.
The data suggests that companies in the Transportation Infrastructure sector, at least those in this sample, are prioritising prompt payments. The 93.5/100 average score is substantially higher than the UK average of 50. However, drawing firm conclusions from only two companies is risky; we need a larger sample to confirm this trend.
Note: This section seems redundant given that it is based on the top payers
Regional analysis is essentially meaningless with only one data point per region. Scotland appears to have slightly better payment performance, but this reflects the performance of Caledonian Maritime Assets Limited, not necessarily a broader regional trend.
If you are experiencing late payments, it might be time to calculate the potential interest you're owed via this late payment calculator.
Takeaway: While the Transportation Infrastructure sector shows a remarkably high average payment score of 93.5/100, we need a larger sample size to validate if that 43.5-point outperformance compared to the national average is truly representative.
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