Yorkshire and The Humber Payment Trends: 2023 vs 2024

By PaymentCheckReports

Yorkshire & The Humber Payment Practices: Slight Improvement Seen in 2024 (+1.2 points)

The Comparison

  • 2023: 330 companies surveyed averaged a payment performance score of 64.6 out of 100.
  • 2024: 311 companies surveyed averaged a payment performance score of 65.8 out of 100.

What This Means

While there's an improvement of 1.2 points, the change in average payment score year-over-year is marginal, showing a modest increase in payment efficiency within Yorkshire and The Humber despite fewer companies being surveyed. This potentially indicates a slight positive shift in payment behaviour among the surveyed companies, but the overall picture remains largely consistent with the previous year, with plenty of room for improvement.

One-line summary: Despite a slight improvement, the region continues to score poorly, with 311 businesses achieving an average payment score of 65.8 out of 100 in 2024, up from 64.6 with 330 businesses the previous year. Use our late payment calculator to check overdue invoices.