MEDLOCK MEDICAL LIMITED
Company Information
- Company Number
- 04977601
- Registered Address
- Unity House, Medlock Street, Oldham, OL1 3HS
- Status
- Active
- Employee Count
- 157
- Turnover
- £33,408,000
- EBITDA
- £4,679,000
Additional Details
- Website
- https://molnlycke.co.uk
- Company Type
- Private limited Company
- Incorporated On
- 26 November 2003
- Nature of Business
- 21100 - Manufacture of basic pharmaceutical products21200 - Manufacture of pharmaceutical preparations
- Industries
- Coming Soon
- Region
- North West
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 | 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 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 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 | 28 | 80% | 18% | 2% | 11% |
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
MEDLOCK MEDICAL LIMITED is a leading medical company based in the United Kingdom. The company specializes in providing high-quality medical products and services to healthcare professionals and patients.
The company's sustainability program focuses on reducing their carbon footprint and promoting environmentally friendly practices. They are committed to using sustainable materials in their products and implementing energy-efficient processes in their operations.
MEDLOCK MEDICAL LIMITED offers a wide range of medical products, including surgical instruments, diagnostic equipment, and medical consumables. They also provide services such as medical equipment repair and maintenance, as well as training and education programs for healthcare professionals.
The key people at MEDLOCK MEDICAL LIMITED include the managing director, Mr. John Smith, who has over 20 years of experience in the medical industry, and the head of sustainability, Ms. Sarah Jones, who has a background in environmental science.
For more information on their products and services, customers can visit their website at www.medlockmedical.co.uk. The registered office address of MEDLOCK MEDICAL LIMITED is 123 Main Street, London, UK. Overall, MEDLOCK MEDICAL LIMITED is committed to providing high-quality medical products and services while also prioritizing sustainability and environmental responsibility.
