MEDACS HEALTHCARE LIMITED

PaymentCheck Score 2025
43Poor
14.4vs last year
#3943 in UK
#202 in Professional Services
#1400 in London

Company Information

Company Number
02518546
Registered Address
33 Soho Square, London, England, W1D 3QU
Status
Active
Employee Count
325
Turnover
£165,765,000
EBITDA
£5,252,000

Additional Details

Company Type
Private limited Company
Incorporated On
4 July 1990
Nature of Business
78200 - Temporary employment agency activities
Industries
Professional Services
Region
London

Time to Pay

Average Time to Pay
58 days
Shortest Period:0 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
10%
31-60 Days
72%
After 60 Days
18%
Not Paid Within Terms92%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-11-02
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
06 Apr 2025 - 05 Oct 202510 Nov 20254816%76%8%17%
05 Oct 2024 - 04 Apr 202501 May 20255215%74%11%91%
01 Jan 2024 - 30 Jun 202423 Jul 20245715%66%19%96%
02 Jan 2023 - 30 Jun 202301 Aug 20234818%47%35%85%
02 Jul 2022 - 30 Dec 202226 Jan 20232945%53%2%68%
01 Jan 2022 - 01 Jul 202225 Jul 20223443%51%6%65%
03 Jul 2021 - 31 Dec 202128 Jan 20222564%31%5%38%
30 Jun 2018 - 04 Jan 201923 Jan 20192184%12%4%25%
30 Dec 2017 - 29 Jun 201827 Jul 20182388%9%3%17%

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

45

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No

Maximum contractual payment period agreed

60

Dispute Resolution Process

Disputes are handled by the Medacs Healthcare Accounts Payable function. Should an invoice be disputed the supplier will receive either an email or phone call which will indicate the query causing the dispute. Once any missing information or a corrected invoice is received the team will process as pay as due.

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

MEDACS HEALTHCARE LIMITED is a leading healthcare recruitment agency based in the United Kingdom. They provide temporary and permanent staffing solutions to healthcare organizations across various sectors including hospitals, clinics, and care homes.

The company has a strong focus on sustainability and has implemented various initiatives to reduce their environmental impact. This includes using energy-efficient practices, reducing waste, and promoting eco-friendly alternatives.

MEDACS HEALTHCARE LIMITED offers a wide range of products and services to their clients, including staffing solutions for various healthcare positions such as doctors, nurses, and allied health professionals. They also provide training and development programs for healthcare professionals to enhance their skills and knowledge.

The key people at MEDACS HEALTHCARE LIMITED include the managing director, Rachel McQueen, who has over 20 years of experience in the healthcare industry, and the operations director, Peter Griffiths, who has a background in nursing and healthcare management.

The company's website is www.medacs.com, where clients can find information about their services and job opportunities. MEDACS HEALTHCARE LIMITED's registered office address is 800 The Boulevard, Capability Green, Luton, Bedfordshire, LU1 3BA, United Kingdom.

In summary, MEDACS HEALTHCARE LIMITED is a reputable healthcare recruitment agency that is committed to sustainability and providing high-quality staffing solutions to the healthcare industry. Their team of experienced professionals and their wide range of services make them a trusted partner for healthcare organizations.

Financial Metrics

Cash
£1,399,000
Net Worth
£25,137,000
Total Current Assets
£42,942,000
Total Current Liabilities
£17,468,000

Company Location