The UK Waterways Travel sector, based on this dataset, shows markedly better payment performance than the UK average, outstripping it by a substantial 18.2 points. However, a wide range of scores, from a high of 94.4 to a low of 28.15, suggests significant inconsistencies in payment practices within the sector itself.
While the limited data by region makes broad conclusions difficult, the South East's perfect average of 94.4, based on a single company (BAE SYSTEMS MARINE LIMITED) highlights the potential for punctual payments, while the West Midland’s average of 61.5 across two companies suggests there's room for improvement in some areas. Scotland's average of 75.9 across four companies provides a slightly more reliable regional indicator, sitting comfortably above the national average, but significantly below the top payers.
If you're dealing with late invoices, use our late payment calculator to understand the potential impact.
The considerable 66.25-point difference between the best and worst payers reveals a stark divide in payment culture within the Waterways Travel sector.
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