While the UK Travel and Transportation sector generally outperforms the national average on payment practices, a significant disparity exists between the best and worst payers.
The sector's average PaymentCheck score of 72.7 is a solid 22.7 points above the UK average, suggesting a generally healthy payment culture. However, the presence of companies scoring near 30 demonstrates that punctual payments aren't guaranteed across the board.
The regional data is underwhelming due to the small sample sizes, and so offers little in the way of actionable insight. For example, one company in both the "Unknown" and "West Midlands" regions averages payment scores of 92 and 89 respectively, but with only a single business represented in each area, this isn't significant. The East of England region has the most at 11 surveyed companies, averaging 78.5, but this isn't a clear outlier relative to the average.
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Despite the strong average of 72.7, suppliers should be aware that payment performance in the UK Travel and Transportation sector can vary significantly, with scores ranging from a perfect 100 down to a concerning 29.25.
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