West Midlands Payment Trends: 2024 vs 2025
West Midlands Payment Performance: Marginal Improvement From 63.3 to 63.8 Points, Despite Fewer Companies Reporting
The Comparison
Here's a side-by-side view of payment performance in the West Midlands:
- 2024: Data collected from 363 companies revealed an average payment performance score of 63.3 out of 100.
- 2025: The dataset comprised 310 companies, with an average payment performance score climbing slightly to 63.8 out of 100.
What This Means
While the average payment score increased, the 0.4-point rise represents only a marginal improvement year-over-year. A significant detail is the 15% decrease in the number of companies included in the 2025 sample, potentially skewing the results towards businesses with stronger payment practices. Businesses struggling with late payments can use a late payment calculator to understand the financial impact of delayed invoices.
One-line summary: Despite a drop of 53 participants in 2025, the average payment score in the West Midlands edged up from 63.3 to 63.8.
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