THE MEDICAL AND DENTAL DEFENCE UNION OF SCOTLAND

PaymentCheck Score 2025
92Excellent
20.9vs last year
#765 in UK
#15 in Healthcare And Wellbeing
#40 in Scotland

Company Information

Company Number
SC005093
Registered Address
206 St. Vincent Street, Glasgow, Scotland, G2 5SG
Status
Active
Employee Count
201
Turnover
£70,998,000
EBITDA
£36,218,000

Additional Details

Company Type
Private company limited by guarantee without share capital
Incorporated On
8 May 1902
Nature of Business
74909 - Other professional, scientific and technical activities not elsewhere classified
Industries
Healthcare And Wellbeing
Region
Scotland

Time to Pay

Average Time to Pay
32 days
Shortest Period:0 days
Longest Period:120 days
Max Contractual:120 days

Payment Timeline

Within 30 Days
57%
31-60 Days
33%
After 60 Days
10%
Not Paid Within Terms43%

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: 2025-01-22
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 202529 Jul 20251888%11%1%12%
01 Jul 2024 - 31 Dec 202422 Jan 20253257%33%10%43%
01 Jan 2024 - 01 Jun 202430 Jul 20242768%28%4%32%
01 Jan 2022 - 30 Jun 202229 Jul 20222472%22%6%28%
01 Jan 2019 - 30 Jun 201925 Jul 20193155%32%13%41%
01 Jan 2018 - 30 Jun 201826 Jul 20182572%22%6%19%

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

Payment terms are in accordance with those stated on the supplier invoices. Where new suppliers are added to our systems their payment terms are setup as part of the supplier profile. All payments made will pick up the terms in accordance to those recorded against the supplier profile on our accounting system. For payments requiring immediate payment these will be paid in the next payment run subject to all of the necessary approvals.

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

120

Dispute Resolution Process

Any disputes would be dealt with in the first instance by contacting the budget holder who has been contracted with. Additionally, suppliers can contact the accounts payables team (invoices@mddus.com) where we will liaise with the budget holders who contracted with the suppliers. Issues can be escalated to the Executive Directors or Board in cases where disputes cannot be resolved by budget holders or the Finance 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

The Medical and Dental Defence Union of Scotland (MDDUS) is a membership organization that provides professional indemnity and advice to medical and dental professionals in Scotland. Founded in 1902, MDDUS is dedicated to protecting the interests of its members and promoting high standards of patient care.

MDDUS offers a wide range of products and services to its members, including legal and regulatory advice, risk management resources, and support with complaints and claims. They also provide educational events and publications to help members stay up-to-date with developments in their fields.

In addition to its core services, MDDUS has a strong focus on sustainability and environmental responsibility. They have implemented various initiatives, such as reducing paper usage and promoting digital communication, to minimize their environmental impact. They also work closely with their members to promote sustainable practices within their own practices and clinics.

The key people at MDDUS include Chief Executive Chris Kenny, Chairman Dr. Michael Devlin, and Chief Operating Officer David Stirling. Their dedicated team of legal advisors, risk advisors, and customer service staff are also an essential part of the organization.

MDDUS can be contacted through their website, which also provides a wealth of information and resources for members. Their registered office address is Mackintosh House, 120 Blythswood Street, Glasgow, G2 4EA. Overall, MDDUS is a highly respected and trusted organization that supports the professional needs of medical and dental professionals in Scotland while also promoting sustainability in the healthcare industry.

Financial Metrics

Cash
£31,862,000
Net Worth
£496,519,000
Total Current Assets
£74,160,000
Total Current Liabilities
£36,168,000

Company Location