While Welsh businesses collectively demonstrate superior payment behaviour compared to the UK overall, the performance is highly uneven, evidenced by the significant gap between the best and worst performers. Single-company sector averages like Software's 95.2 can be misleading and don't present a clear picture of payment practices for those areas in Wales.
Here are the Welsh companies leading the way in prompt payments:
These companies significantly lag behind, potentially creating cashflow problems for their suppliers (use our late payment calculator to see if your invoices are due).
The limited sector data, often based on a single company, offers minimal insight. The 'Software' sector, for example, is represented by only one company with a score of 95.2. Care Services scored 90.5 and Sports came in at 90.3, based on averages of one company each. These figures lack statistical significance for drawing wider conclusions about sector-specific payment trends in Wales.
The fact that 85 companies averaged 64.8/100 but are dwarfed by the top payers averaging 93.33/100 and hampered by the worst payers averaging 26/100 shows the huge range of payment practices in Wales.
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