The increase of 1.7 points in the average payment score between 2020 and 2021 suggests a very small overall improvement in payment practices across the West Midlands, although the relatively minor change could be attributed to sampling differences, or simply reflect the ongoing challenges of the post-pandemic business environment. It's worth reviewing your own late payment issues with this late payment calculator to see how you are performing against the trend.
Summary: In 2021, West Midlands companies averaged a payment score of 61.0/100, a marginal increase from 59.3/100 in 2020.