Almost 1.7m invoices were overdue in Scotland in the third quarter of the year, new research from insolvency and restructuring trade body R3 has revealed.
R3’s analysis of data from Creditsafe shows 1,696,445 invoices were overdue in Scotland in Q3 – up 7.1% on Q2’s total of 1,583,353.
R3 said Scotland and the West Midlands saw the biggest quarter-on-quarter rise in overdue invoices across the UK. They were followed by Northern Ireland (up 6.9%), the East Midlands (5.4%) and East Anglia (5.2%).
