---
title: "Property Payment Practices Report 2023"
date: 2024-08-10T00:00:00+00:00
url: https://paymentcheck.co.uk/blog/reports/property-payment-practices-2023
description: "Property Payment Practices Report 2023 - Payment practices analysis from PaymentCheck"
category: "Reports"
---

# Property Payment Practices Report 2023

# UK Property Sector Payments Beat National Average, But Wide Disparities Persist

## The Numbers

*   Companies analysed: 432
*   Average PaymentCheck Score: 67.3/100
*   UK average: 50.0/100
*   Top score: 100/100 (Multiple companies)
*   Lowest score: 19.5/100
*   Highest regional average: East of England (74.4/100)
*   Lowest regional average: South East: 67.8/100

## What Stands Out

While the property sector's average payment score of 67.3 is significantly above the UK average of 50, the gulf between the best and worst payers is stark. The fact that multiple companies achieved perfect scores shows that prompt payment is possible, but the scores for the bottom five suggest widespread problems for some suppliers.

## Best Payers

1. [NEO ENERGY ZNI LIMITED](/company-search/NI029409/neo-energy-zni-limited) - 100/100
2. [BIDCONNECTER LIMITED](/company-search/09358176/bidconnecter-limited) - 100/100
3. [TRAVIS PERKINS (PROPERTIES) LIMITED](/company-search/00468024/travis-perkins-properties-limited) - 100/100
4. [FERN TRADING LIMITED](/company-search/12601636/fern-trading-limited) - 100/100
5. [DANNY SULLIVAN & SONS LTD.](/company-search/02670127/danny-sullivan-sons-ltd) - 99.6/100

## Worst Payers

1. [WINNINGTON CHP LIMITED](/company-search/08568552/winnington-chp-limited) - 19.5/100
2. [NOV DOWNHOLE EURASIA LIMITED](/company-search/04514250/nov-downhole-eurasia-limited) - 20.05/100
3. [BREYER GROUP PUBLIC LIMITED COMPANY](/company-search/00782931/breyer-group-public-limited-company) - 21.55/100
4. [BAXI HEATING UK LIMITED](/company-search/03879156/baxi-heating-uk-limited) - 23.7/100
5. [REXEL UK LIMITED](/company-search/00434724/rexel-uk-limited) - 26.8/100

## Regional Patterns

The East of England (74.4) and London (73.5) lead the way in payment performance, while the South East lags behind at 67.8, despite being geographically close to London. Northern Ireland's surprisingly high average of 71.9, though based on only 8 companies, could indicate a different business culture or simply statistical noise. Given the sample sizes, it's hard to say definitively how location impacts payment behavior.

If you're experiencing payment delays, use a [late payment calculator](/free-late-invoice-calculator) to understand your rights.

## One-line takeaway referencing actual data

Despite the property sector’s average PaymentCheck score being 17.3 points higher than the UK average, the disparity between the top and bottom payers, who range from 100 to 19.5, highlights the urgent need for some businesses to improve their payment practices.