MOLNLYCKE HEALTH CARE LIMITED

PaymentCheck Score 2025
77Good
2.0vs last year
#1956 in UK
#13 in Life Sciences And Medical Technology
#112 in North West

Company Information

Company Number
03493645
Registered Address
Unity House, Medlock Street, Oldham, England, OL1 3HS
Status
Active
Employee Count
156
Turnover
£110,273,000
EBITDA
£5,424,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 January 1998
Nature of Business
21100 - Manufacture of basic pharmaceutical products
Industries
Life Sciences And Medical Technology
Region
North West

Time to Pay

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

Payment Timeline

Within 30 Days
68%
31-60 Days
23%
After 60 Days
9%
Not Paid Within Terms28%

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: 2025-07-23
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202523 Jul 20252468%23%9%28%
01 Jul 2024 - 31 Dec 202430 Jan 20253066%30%4%36%
01 Jan 2024 - 30 Jun 202425 Jul 20242675%19%6%44%
01 Jul 2023 - 31 Dec 202330 Jan 20242068%24%8%42%
01 Jan 2020 - 30 Jun 202029 Jul 20203153%33%14%66%
01 Jul 2019 - 31 Dec 201928 Jan 20202962%26%12%65%
01 Jan 2019 - 30 Jun 201930 Jul 20193157%28%15%70%
01 Jan 2018 - 30 Jun 201831 Jul 20182757%32%11%66%

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

Most payment terms are around 30 days, we do not have one set payment term, this is negotiable with the suppliers. It can range from immediate payment to payment terms up to and including 7, 14, 20, 21, 28, 30, 45 and 60 days.

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

60

Dispute Resolution Process

Complaint or concern will be considered by the person who placed the order, invoices are usually put on hold until resolved. Suppliers can also raise queries with our accounts payable department - gbasupplierinfo@molnlycke.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

MOLNLYCKE HEALTH CARE LIMITED is a leading international medical solutions company that specializes in providing innovative and sustainable products and services to healthcare professionals and patients. The company is committed to improving patient outcomes and reducing healthcare costs through its focus on sustainability.

The company's sustainability program, called "Care on a Mission," is based on three pillars: sustainable solutions, responsible operations, and ethical business practices. MOLNLYCKE aims to minimize its environmental impact by using sustainable materials and reducing waste in its production processes. The company also prioritizes the well-being of its employees and promotes ethical business practices in all aspects of its operations.

MOLNLYCKE offers a wide range of medical solutions, including advanced wound care products, surgical and protective solutions, and infection prevention products. These products are designed to improve patient outcomes, reduce the risk of infections, and promote faster healing. The company also offers educational programs and support services to healthcare professionals to ensure the proper use and effectiveness of its products.

The key people in MOLNLYCKE HEALTH CARE LIMITED include the CEO, Richard Twomey, and the Executive Vice President of Global Operations, Annika Bergquist. They lead a team of experienced professionals who are dedicated to delivering high-quality products and services to customers.

For more information on MOLNLYCKE HEALTH CARE LIMITED and its products and services, you can visit their website at www.molnlycke.com. The company's registered office address is Molnlycke Health Care Limited, 1st Floor, Delta 100, Delta Office Park, Great Western Way, Swindon, SN5 7XG, United Kingdom.

Financial Metrics

Cash
£3,771,000
Net Worth
£19,200,000
Total Current Assets
£36,867,000
Total Current Liabilities
£18,234,000

Company Location