Score of 82.5/100 qualifies for PaymentCheck Certification
| 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 | 23 Jul 2025 | 28 | 81% | 14% | 5% | 21% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 35 | 68% | 28% | 4% | 34% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 22 | 85% | 14% | 1% | 18% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 29 | 63% | 33% | 4% | 27% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 29 | 74% | 22% | 4% | 24% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 31 | 45% | 49% | 6% | 60% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 25 | 80% | 19% | 1% | 19% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 23 | 85% | 15% | 0% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 24 | 82% | 17% | 1% | 20% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 25 | 76% | 22% | 2% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 21 | 80% | 18% | 2% | 15% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 22 | 77% | 21% | 2% | 16% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 23 | 82% | 17% | 1% | 11% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 34 | 30% | 63% | 7% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 28 | 80% | 18% | 2% | 11% |
This information is as reported by the business, and responses are in their own words.
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
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
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
Medlock Medical Limited is registered at Unity House, Medlock Street, Oldham, the site of a Mölnlycke Health Care manufacturing facility. Company records show it holds pharmaceutical manufacturing SIC codes, and evidence confirms Mölnlycke, a global MedTech group specialising in wound care and surgical products, operates and has invested in a manufacturing site in Oldham, UK. This indicates Medlock Medical Limited functions as a UK manufacturing entity within the wider Mölnlycke Health Care group, which develops and produces wound dressings, surgical drapes, gloves and related healthcare products for hospitals and clinicians worldwide, rather than as an independently trading consumer-facing business.
Generated from the company's website and Companies House records. Sources: molnlycke.co.uk · molnlycke.co.uk