While the sample size increased in 2021, the improvement in payment performance, reflected by a 1.6 point increase in the average score, is a relatively small change. This suggests that payment practices in the region remained largely consistent between the two years, with only a slight uptick in efficiency or willingness to pay on time. Companies struggling with late payments can use this late payment calculator to understand the potential financial impact.
In one line: Yorkshire & The Humber saw a slight rise from an average payment score of 60.6 in 2020 to 62.2 in 2021.