MEDIGOLD HEALTH CONSULTANCY LIMITED
Company Information
- Company Number
- 03507491
- Registered Address
- Medigold House, Queensbridge, Northampton, NN4 7BF
- Status
- Active
- Employee Count
- 879
- Turnover
- £71,278,000
- EBITDA
- £1,260,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 10 February 1998
- Nature of Business
- 86900 - Other human health activities
- Industries
- Healthcare And Wellbeing, Primary Care
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
MEDIGOLD HEALTH CONSULTANCY LIMITED consistently demonstrates a slow payment trend, with an average payment time of 46 days. A significant 65% of payments fall into the 31-60 day range, indicating a consistent trajectory of payments beyond standard 30-day terms. Furthermore, 20% of invoices are paid over 60 days, highlighting a regular pattern of extended payment cycles.
Volatility Analysis
Payment reliability is low, as 89% of invoices are paid late, making future payment dates highly unpredictable for suppliers. The substantial 20% of payments exceeding 60 days introduces a significant risk of prolonged capital tying up. This data suggests a consistent lack of adherence to timely payment schedules, directly impacting supplier financial planning.
Summary Analysis
Suppliers should anticipate an average payment time of 46 days, with a high likelihood of payments extending well beyond typical 30-day terms. It is crucial to factor in potential working capital strain and consider adjusting payment terms or pricing to mitigate this risk. Implementing strict late payment penalties or negotiating upfront payments for larger projects could be effective risk mitigation strategies.
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 Apr 2025 - 30 Sept 2025 | 24 Oct 2025 | 37 | 35% | 59% | 6% | 66% |
| 01 Oct 2024 - 31 Mar 2025 | 23 Apr 2025 | 46 | 15% | 65% | 20% | 89% |
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
Standard payment terms 30 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
The team member responsible for ordering will seek to resolve the dispute informally in the first instance. If this is not possible the dispute is escalated internally to the Finance Director and Procurement to help resolve the dispute
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.
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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.
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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.
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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?
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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
MEDIGOLD HEALTH CONSULTANCY LIMITED is an active private limited company that provides health consultancy services.
The company was incorporated on 10 February 1998 under company number 03507491. Its registered office is located at Medigold House, Queensbridge, Northampton, NN4 7BF, operating within the East Midlands region.
As a health consultancy in the UK market, typical services include expert advice and guidance on health-related matters. These often encompass occupational health, corporate wellness programmes, medical assessments, and strategic health advisory services for organisations and individuals.
