How businesses Perform

Sector comparison chart

Slow and late payments hit small businesses and hold back the UK economy. According to the Federation of Small Businesses, around 50,000 small businesses close every year due to late payments.

For the first time, you are now able to see the payment performance for companies alongside the others in the same sector.

Good Business Pays have taken data published by the government and combined it with surveys and feedback to give you easy to use charts and metrics on the payment performance of many large UK businesses.

These sector specific reports provide a unique insight into the payment culture at companies that compete with each other. It will allow small businesses and other interested groups to see how these companies compare to their peer group.

Analysis by EY (see image above) shows just how different industries compare when it comes to paying an invoice. See how long it takes businesses in your industry to pay up by selecting one of the options below.

And if you’re one of those companies, find out how you can change your payment practices and become Good Business Pays accredited.

Automotive Industry

Here is a table of the worst and best payers in the UK Automotive Industry. CompanyAverage time to pay% Invoices…

Banking Industry

Here is a table of the worst and best payers in the UK Banking Sector. Generally speaking it is a…

Chemicals Industry

Here is a table of the worst and best payers in the UK Chemicals Industry. CompanyAverage time to pay% Invoices…

I.T. Sector

Here is a table of the worst and best payers in the UK IT Sector. CompanyAverage time to pay% Invoices…

Insurance Industry

Here is a table of some of the worst and best payers in the UK Insurance Industry. CompanyAverage time to…

Pharmaceutical Industry

Here is a table of the worst and best payers in the UK Pharmaceutical Sector. CompanyAverage time to pay% Invoices…

Technology Sector

Here is a table of the worst and best payers in the UK Technology Sector. CompanyAverage time to pay% Invoices…

UK Construction Sector

Here is a table of the worst and best payers in the UK Construction Sector. CompanyAverage time to pay% Invoices…

UK Energy & Oil Sector

Here is a table of the worst and best payers in the UK Energy & Oil Sector. CompanyAverage time to…

UK Materials Sector

Here is a table of the worst and best payers in the UK Materials Sector. CompanyAverage time to pay% Invoices…

UK Transport Sector

Here is a table of the worst and best payers in the UK Transport Sector. CompanyAverage time to pay% Invoices…