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Yorkshire and The Humber Payment Practices Report 2021

•By PaymentCheck•Reports

Yorkshire & Humber Firms Outpace UK in Payment Performance, but Wide Disparities Persist

The Numbers

  • Companies analysed: 352
  • Average PaymentCheck Score: 62.2/100
  • UK average PaymentCheck Score: 50.0/100
  • Yorkshire & The Humber average above UK average: 12.2 points
  • Top PaymentCheck Score: 100/100 (Multiple Companies)
  • Lowest PaymentCheck Score: 9.2/100

What Stands Out

While Yorkshire & The Humber's average payment performance beats the UK average by a significant margin, the difference between the best and worst payers highlights substantial inconsistency within the region. The fact that firms can achieve perfect scores suggests late payment issues aren't necessarily inevitable.

Best Payers

These companies earned a near-perfect score for their payment practices:

  1. COVEA INSURANCE PLC - 100/100
  2. CNR INTERNATIONAL (U.K.) DEVELOPMENTS LIMITED - 100/100
  3. NRAM LIMITED - 100/100
  4. MARUBENI OIL & GAS (U.K.) LIMITED - 100/100
  5. ENGIE POWER LIMITED - 99.8/100

The consistency of these top performers suggests strong internal processes and a commitment to fair supplier relationships.

Worst Payers

These companies are letting the region down with significantly under-par payment practices:

  1. ASD LIMITED - 9.2/100
  2. PPG ARCHITECTURAL COATINGS UK LIMITED - 12.9/100
  3. AKER SOLUTIONS ANGOLA LIMITED - 18.5/100
  4. APLEONA UK LIMITED - 20/100
  5. EPTA COLD SERVICE LTD - 20.7/100

The poor payment performance of these companies can negatively impact their suppliers, especially smaller businesses that are more vulnerable to cash flow problems. Use a late payment calculator to see the impact of this on your business.

Sector Breakdown

The sector breakdown highlights substantial variation, although the extremely limited sample size means the results should be viewed with caution:

  • Lifestyle And Entertainment: 98.1 avg (1 companies)
  • Financial Services: 87.3 avg (12 companies)
  • Digital Entertainment: 83.7 avg (1 companies)
  • Education: 82.3 avg (28 companies)
  • Media And Publishing: 82.1 avg (2 companies)

Financial services appear to be a leading sector, with an average score substantially higher than the overall regional average.

The outlier sector, Lifestyle and Entertainment, is only based on data from one company, and therefore tells us very little about the sector as a whole.

Despite Yorkshire & The Humber's average PaymentCheck score of 62.2/100 sitting 12.2 points above the UK average, the existence of companies scoring below 21/100 demonstrates that significant improvement is needed to ensure fair payment practices across the region.