While the West Midlands' average PaymentCheck score of 61.2/100 handily beats the UK average of 50.0/100, a wide gap persists between the best and worst payers, with scores ranging from a perfect 100 to a dismal 13.1. The small sample sizes of top-performing sectors like Hardware and Media & Publishing limit how much we can infer from those high averages.
These West Midlands firms are leading the pack when it comes to prompt payments:
These companies are a good indicator that excellent payment practices are possible.
These companies need to improve their payment behaviours:
Such low scores demonstrate that there are significant issues with payment practices at these firms. Suppliers can use this late payment calculator to understand their rights if invoices are not paid in a timely manner.
While a broader sector breakdown would be more telling, the data shows:
Financial Services has a decent showing with a solid 82.8 average across 18 companies, suggesting relatively sound payment practices in this sector compared to the overall average.
Despite a significantly higher average PaymentCheck score (61.2) than the UK as a whole (50.0), the West Midlands still exhibits a concerning spread in payment performance, underscored by Ferraris Piston Service Limited's low score of 13.1.
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The year-on-year decline of 0.1 points, while statistically insignificant, suggests a stagnation in payment performance
The UK air travel sector significantly outperforms the national average when it comes to payment practices, achieving a
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