The Life Sciences & MedTech sector demonstrates a significantly better payment performance than the UK average, although there's a wide disparity between the best and worst payers that any supplier should be aware of before signing on the dotted line. It's also striking how the range of scores is so wide, almost 71 points.
There is significant variance between the regions. Companies in the North West, at 73.8 on average, exhibit the strongest payment record, while London-based firms, with a score of 63.9 (based on a sample size of 26 companies), perform only fractionally above the sector average. But consider the impact on cashflow if you face late payments from a company based in London. See how it could affect your business using our late payment calculator. The "Unknown" region has a high average, 85.4, but that's skewed by only two companies, so it's hard to read anything significant into that number.
The life sciences and medical technology sector pays much faster than average, but some companies like MEDIQ HEALTHCARE UK LIMITED score just 28.3/100, indicating suppliers can't afford to ignore payment practices when drawing up contracts.
© 2026 Payment Check Ltd
Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH
Made by Alastair Campbell