---
title: "Software Payment Practices Report 2024"
date: 2025-09-13T00:00:00+00:00
url: https://paymentcheck.co.uk/blog/reports/software-payment-practices-2024
description: "Software Payment Practices Report 2024 - Payment practices analysis from PaymentCheck"
category: "Reports"
---

# Software Payment Practices Report 2024

# UK Software Sector Blows Away National Average on Payment Practices

## The Numbers

*   Companies Analysed: 153
*   Average PaymentCheck Score: 77.2/100
*   UK Average (all sectors): 50.0/100
*   Software Sector Advantage: 27.2 points above UK average
*   Top 5 Payers average score: 100/100
*   Bottom 5 Payers average score: 30.38/100
*   East Midlands average: 100.0 (1 company)
*   North East average: 97.8 (1 company)
*   Wales average: 97.8 (1 company)
*   Scotland average: 95.7 (3 companies)
*   Northern Ireland average: 90.3 (4 companies)

## What Stands Out

The UK software sector's average PaymentCheck Score of 77.2 significantly outstrips the national average of 50, suggesting a strong commitment to timely payments within the industry. However, the extreme difference between the top and bottom payers indicates a stark disparity in payment culture across different software companies.

## Best Payers

1. [MAREX SPECTRON INTERNATIONAL LIMITED](/company-search/03938219/marex-spectron-international-limited) - 100/100
2. [RBS INVOICE FINANCE LIMITED](/company-search/00662221/rbs-invoice-finance-limited) - 100/100
3. [SILCHESTER CONTINUATION LIMITED](/company-search/09923007/silchester-continuation-limited) - 100/100
4. [FIRST SENTIER INVESTORS (UK) IM LIMITED](/company-search/SC047708/first-sentier-investors-uk-im-limited) - 100/100
5. [EXPERIAN TECHNOLOGY LIMITED](/company-search/03978091/experian-technology-limited) - 100/100

## Worst Payers

1. [RM EDUCATIONAL RESOURCES LTD](/company-search/03100039/rm-educational-resources-ltd) - 20.6/100
2. [THE FINANCIAL TIMES (M-M UK) LIMITED](/company-search/01398449/the-financial-times-m-m-uk-limited) - 30/100
3. [AGILISYS LIMITED](/company-search/04327369/agilisys-limited) - 30.6/100
4. [UNISYS LIMITED](/company-search/00103709/unisys-limited) - 34.2/100
5. [GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED](/company-search/06569621/glory-global-solutions-international-limited) - 36.11/100

## Regional Patterns

While East Midlands, North East, Wales, Scotland and Northern Ireland show higher regional averages, the limited number of companies analysed in these regions (between 1 and 4) means the figures lack statistical significance for wider conclusions.

If you're dealing with late payments, use this [late payment calculator](/free-late-invoice-calculator) to figure out what you're owed.

The software sector's average payment score of 77.2 suggests that while many businesses are prompt payers, the presence of companies averaging a score of just 30.38 at the bottom reveals a potential risk for smaller suppliers.