---
title: "London Payment Practices Report 2024"
date: 2025-01-10T00:00:00+00:00
url: https://paymentcheck.co.uk/blog/reports/london-payment-practices-2024
description: "London Payment Practices Report 2024 - Payment practices analysis from PaymentCheck"
category: "Reports"
---

# London Payment Practices Report 2024

# London Payment Practices Significantly Outpace the UK Average in 2024

## The Numbers

*   Companies analysed: 1000 in London
*   Average PaymentCheck Score: 90.5/100 for London
*   UK Average PaymentCheck Score: 50.0/100
*   London outperforms the UK average by 40.5 points
*   Top PaymentCheck Score: 100/100 (multiple companies)
*   Lowest PaymentCheck Score in the bottom 5: 79.57/100

## What Stands Out

London's average payment performance is substantially better than the national average, suggesting a stronger payment culture within the capital. Even the bottom-performing companies in the London sample score relatively highly, with a low score of 79.57.

## Best Payers

The following London-based companies achieved a perfect PaymentCheck score of 100/100, demonstrating exemplary payment practices:

1. [PFPL PROJECTS (WYRE FOREST) LTD](/company-search/09301347/pfpl-projects-wyre-forest-ltd)
2. [MAREX SPECTRON INTERNATIONAL LIMITED](/company-search/03938219/marex-spectron-international-limited)
3. [RBS INVOICE FINANCE LIMITED](/company-search/00662221/rbs-invoice-finance-limited)
4. [ICBC STANDARD BANK PLC](/company-search/02130447/icbc-standard-bank-plc)
5. [TRANSRE LONDON LIMITED](/company-search/08506758/transre-london-limited)

## Worst Payers

While still scoring well above the national average, these companies had the lowest PaymentCheck scores within the London sample:

1. [RBC GLOBAL ASSET MANAGEMENT (UK) LIMITED](/company-search/03647343/rbc-global-asset-management-uk-limited) - 79.57/100
2. [BRITISH INTERNATIONAL INVESTMENT PLC](/company-search/03877777/british-international-investment-plc) - 79.6/100
3. [LONDON STOCK EXCHANGE PLC](/company-search/02075721/london-stock-exchange-plc) - 79.6/100
4. [SOJITZ EUROPE PLC](/company-search/02753531/sojitz-europe-plc) - 79.6/100
5. [SCANIA FINANCE GREAT BRITAIN LIMITED](/company-search/02173954/scania-finance-great-britain-limited) - 79.6/100

## Sector Breakdown

Payment practices vary across different sectors within London:

*   Supply Chain: 96.7 avg (only 1 company in the sample)
*   Travel And Transportation: 94.4 avg (11 companies)
*   Healthcare And Wellbeing: 92.9 avg (6 companies)
*   Raw Materials And Intermediate Goods: 92.9 avg (8 companies)
*   Events And Venues: 92.8 avg (13 companies)

The Supply Chain sector reports the highest average score, but it's based on a single company, making it less representative; Travel and Transportation has the best average based on a larger sample.

Worried about late payments? Use our [late payment calculator](/free-late-invoice-calculator) to see what you could claim.

**Takeaway:** Although London's payment culture is strong, with an average PaymentCheck of 90.5, the narrow range of scores among the "worst" payers suggests limited payment variability within the analyzed London companies.