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Yorkshire and The Humber Payment Practices Report 2023

•By PaymentCheck•Reports

Yorkshire and The Humber Payment Practices Significantly Outpace National Average in 2023

The Numbers

  • Companies analysed: 330
  • Average PaymentCheck Score: 64.6/100
  • UK average PaymentCheck Score: 50.0/100
  • Difference between Yorkshire & Humber and UK average: 14.6 points
  • Top PaymentCheck Score: 100/100 (achieved by 3 companies)
  • Lowest PaymentCheck Score: 7.4/100
  • Financial Services sector average: 86.2/100 (6 companies)

What Stands Out

Yorkshire and The Humber businesses demonstrate a considerably stronger payment culture than the UK average, with a 14.6 point difference in PaymentCheck scores. The Financial Services sector appears to be leading the way, closely followed by Digital Entertainment, though the sample sizes for specific sectors are generally small.

Best Payers

The best payers in the region showcase near-perfect payment behaviours:

  1. POWER4ALL LIMITED - 100/100
  2. MOTT MACDONALD BENTLEY LTD - 100/100
  3. CNR INTERNATIONAL (U.K.) DEVELOPMENTS LIMITED - 100/100
  4. DRAX ENERGY SOLUTIONS LIMITED - 99.4/100
  5. ACCORD MORTGAGES LIMITED - 99.4/100

Worst Payers

The companies at the bottom of the list highlight areas where payment practices require significant improvement:

  1. ASD LIMITED - 7.4/100
  2. APLEONA UK LIMITED - 13.5/100
  3. CARNAUDMETALBOX ENGINEERING LIMITED - 16.8/100
  4. NORTON HEALTHCARE LIMITED - 16.9/100
  5. STOELZLE FLACONNAGE LIMITED - 18/100

Sector Breakdown

Financial Services (86.2/100), Digital Entertainment (86.0/100) and Marketing And Sales (85.2/100) appear to be setting a high standard for timely payments, but only 6 companies in Financial Services were analysed, so more data is needed to make concrete conclusions about that sector. It's important to note the limited number of companies within each sector; with just one or two companies, the sector average can be easily skewed by a single outlier.

If you are experiencing issues with late payments, consider using this late payment calculator.

Overall, with an average PaymentCheck Score of 64.6, Yorkshire and The Humber are outperforming the rest of the UK, but the gap between the best (100/100) and worst (7.4/100) payers shows that there is still a wide range of payment behaviours across the region.