Finance Business Advice
50%
National
55%
39,000
National
33.6bn
55%
Manufacturing
54%
43,000
Manufacturing
10.3bn
42%
Retail and distribution
49%
82,000
Retail and distribution
16.6bn
52%
Service Industry
58%
14,000
Service Industry
5.9bn
The business-to-business research specialists, BDRC Continental, conducted 450 telephone interviews with SMEs (businesses with up to and including 250 employees) between 4th and 13th July 2011. Quotas were set by size, region and sector and the data weighted to the profile of UK businesses. The respondent in each case was a senior financial decision-maker; generally the owner or managing director of smaller businesses and the financial controller of larger businesses. Small businesses are those with a turnover of £50,000 to £1m pa; medium and large businesses are those with a turnover of more than £1m pa.
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Storage Handling Distribution May 2012 45
Percentage SMEs experiencing late payments
Percentage SMEs told overdue invoice is awaiting authorisation
Mean amount owed in late payment at any one time
Amount outstanding in late payments
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