THE MEDICAL DEFENCE UNION LIMITED
Company Information
- Company Number
- 00021708
- Registered Address
- One Canada Square, London, United Kingdom, E14 5GS
- Status
- Active
- Employee Count
- 412
- Turnover
- £124,860,000
- EBITDA
- £77,216,000
Additional Details
- Website
- https://themdu.com
- Company Type
- Private company limited by guarantee without share capital
- Incorporated On
- 23 October 1885
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Coming Soon
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 11 Jul 2025 | 27 | 50% | 50% | 0% | 40% |
| 01 Jul 2024 - 31 Dec 2024 | 21 Jan 2025 | 12 | 100% | 0% | 0% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 09 Jul 2024 | 16 | 92% | 8% | 0% | 8% |
| 01 Jul 2023 - 31 Dec 2023 | 12 Jan 2024 | 35 | 50% | 50% | 0% | 33% |
| 01 Jun 2023 - 30 Jun 2023 | 10 Jul 2023 | 26 | 80% | 20% | 0% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 18 | 86% | 14% | 0% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 18 Jan 2022 | 13 | 100% | 0% | 0% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 09 Jul 2021 | 13 | 90% | 10% | 0% | 6% |
| 01 Jul 2020 - 31 Dec 2020 | 19 May 2021 | 13 | 93% | 7% | 0% | 16% |
| 01 Jan 2019 - 30 Jun 2019 | 18 Jul 2019 | 21 | 67% | 17% | 16% | 17% |
| 01 Jul 2018 - 31 Dec 2018 | 23 Jan 2019 | 20 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 24 Jul 2018 | 21 | 50% | 50% | 0% | 50% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
MDU Limited adopts their suppliers’ payment terms where explicitly stated on their invoices. New suppliers are set up in the accounting system by the finance team, and the supplier payment terms are included on the supplier record. All invoices registered against a given supplier will automatically have the payment terms on that supplier’s record applied to them. Where no payment terms have been explicitly communicated by the supplier, the new supplier records will be set to ‘pay immediately’. In practice this means that the invoice will be paid, once approved, on the next weekly payment run.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
With respect to contracts with suppliers, the general position is that the appropriate department managers for each supplier first attempt to resolve the dispute (the MDU point of contact varies from contract to contract). The contact would aim to deal with the dispute promptly, and in accordance with the terms of the contract. Additionally, suppliers can contact MDU’s accounts team: accounts@themdu.com
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
The Medical Defence Union Limited (MDU) is a professional indemnity organisation that provides support and legal assistance to healthcare professionals in the UK. It was established in 1885 and currently has over 200,000 members.
MDU's main activities include providing medical defence and representation to its members in cases of clinical negligence, complaints, and regulatory matters. They also offer educational resources and guidance to help healthcare professionals maintain high standards of practice.
The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact. This includes using renewable energy sources, reducing paper usage, and promoting recycling and waste reduction among its employees.
MDU offers a range of products and services to its members, including professional indemnity insurance, medico-legal advice and support, and access to a 24/7 medico-legal helpline. They also provide risk management training and workshops to help healthcare professionals mitigate potential risks.
The key people at MDU include their board of directors, executive team, and a team of experienced medico-legal advisors and solicitors.
For more information on MDU and its services, interested individuals can visit their website at www.themdu.com. The company's registered office address is at 230 Blackfriars Road, London, SE1 8PJ.
