MEDEQUIP ASSISTIVE TECHNOLOGY LIMITED
Company Information
- Company Number
- 04198824
- Registered Address
- Unit 2 Summit Centre, Skyport Drive Harmondsworth, West Drayton, Middlesex, UB7 0LJ
- Status
- Active
- Employee Count
- 1,111
- Turnover
- £242,676,000
- EBITDA
- £6,023,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 11 April 2001
- Nature of Business
- 47749 - Retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) not elsewhere classified
- Industries
- Healthcare And Wellbeing,Life Sciences And Medical Technology
- 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 | 29 Jul 2025 | 4 | 96% | 2% | 2% | 6% |
| 01 Jul 2024 - 31 Dec 2024 | 28 Mar 2025 | 9 | 91% | 5% | 4% | 19% |
| 01 Jul 2023 - 31 Dec 2023 | 01 Feb 2024 | 12 | 92% | 5% | 3% | 26% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 13 | 92% | 4% | 4% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 24 Jan 2023 | 14 | 91% | 5% | 4% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 02 Aug 2022 | 6 | 92% | 4% | 4% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 31 Jan 2022 | 38 | 48% | 45% | 7% | 19% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 41 | 47% | 45% | 8% | 23% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 38 | 49% | 45% | 7% | 30% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 40 | 45% | 47% | 8% | 31% |
| 01 Jul 2019 - 31 Dec 2019 | 17 Feb 2020 | 42 | 46% | 47% | 7% | 29% |
| 01 Jan 2019 - 30 Jun 2019 | 10 Jul 2019 | 32 | 50% | 40% | 10% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 15 Feb 2019 | 50 | 24% | 47% | 29% | 59% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 53 | 19% | 47% | 34% | 59% |
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
30 days end of the month 60 days date of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
Senior members of the Accounts team will investigate any issues with invoices and reconcile the invoice to GRN's and POD's. Any disputes with the invoice versus the original Purchase Orders are referred to the Procurement team.
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
MEDEQUIP ASSISTIVE TECHNOLOGY LIMITED is a leading provider of assistive technology solutions in the UK. The company specializes in providing innovative and sustainable products and services to help improve the lives of individuals with disabilities.
Their sustainability program is focused on reducing their carbon footprint and promoting environmentally friendly practices. They have implemented initiatives such as using renewable energy sources, reducing waste, and promoting sustainable transportation options.
MEDEQUIP's product range includes a variety of mobility aids, communication devices, and home modifications to assist individuals with physical disabilities. They also offer training and support services to ensure their products are used effectively.
The key people at MEDEQUIP include their CEO, who has over 20 years of experience in the healthcare industry, and their team of engineers and technicians who are dedicated to developing and maintaining high-quality assistive technology solutions.
The company can be contacted through their website, which also provides information on their products and services. Their registered office address is in Birmingham, UK.
In summary, MEDEQUIP ASSISTIVE TECHNOLOGY LIMITED is committed to providing sustainable and innovative solutions to improve the lives of individuals with disabilities. With a wide range of products and services, a dedicated team, and a strong sustainability program, the company continues to be a leader in the assistive technology industry.
