Experian figures show smaller companies are showing greater robustness
Average time to settle bills has dropped to 20.93 days, market watcher claims
However, UK firms are paying late bills 11.6 per cent faster than last year, according to Experian data
Experian research reveals 11.8 per cent annual improvement in UK firms' December payment performance
Figures from Experian reveal 15 per cent annual drop in IT companies going bust last month
IT firms lead the way as Experian figures reveal best monthly improvement in late payments since 2007
Despite the rate of business failure slowing, personal insolvency is on the up
Failure rate fell to lowest level this year in August, Experian data reveals