Wales Payment Practices: 5-Year Analysis (2020-2025)
Welsh Payment Practices: Small Improvement Seen as Scores Rise by 5.7 Points
The Comparison
A look at payment practices in Wales, comparing 2020 and 2025:
- 2020: 87 companies were surveyed, achieving an average payment score of 63.6 out of 100.
- 2025: 71 companies were surveyed, with the average score increasing to 69.3 out of 100.
What This Means
The survey of 71 Welsh businesses in 2025 indicates a slight improvement in payment practices compared to 2020; a rise of 5.7 points can be an indicator of a positive change in the business environment. However, the reduction in the number of companies surveyed from 87 in 2020 to 71 in 2025 suggests a contraction in the sample size, potentially affecting the overall representativeness of the data. The average score of 69.3 in 2025 still suggests that there is room for improvement in prompt payment performance across businesses in Wales - use our late payment calculator to help recoup lost revenue.
In short: Welsh payment scores nudged up from 63.6 (87 companies) in 2020 to 69.3 (71 companies) in 2025.
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