UK Payment Practices Report

Medacs Healthcare PLC payment practices report

PennyFetch rating based on government data:

Mostly on time

Companies House no. 02518546

This rating is PennyFetch’s own assessment derived from data self-reported by Medacs Healthcare PLC to the UK government.

Avg. days to pay

48

UK median: 32

Outside agreed terms

17%

UK average: 24%

Trend

Getting slower

16 reports filed

Payment terms

0 to 60 days

Standard terms

Invoice payment breakdown

16%
76%
Within 30 days: 16%31 to 60 days: 76%Over 60 days: 8%

How Medacs Healthcare PLC compares

Medacs Healthcare PLC takes an average of 48 days to pay its suppliers, which is 16 days slower than the UK median of 32 days across 9,336 reporting companies. 17% of their invoices fall outside the agreed payment terms, compared to a national average of 24%. Their payment speed has been getting worse over time based on historical filings.

The “outside agreed terms” percentage measures how often the company pays after its own agreed payment terms, not against a fixed 30-day standard. A company with long payment terms can still be rated “Good payer” if it consistently meets those terms.

Payment history

PeriodAvg. days% outside terms% in 30d% over 60d
Apr 2025 to Oct 20254817%16%8%
Oct 2024 to Apr 20255291%15%11%
Mar 2024 to Sept 20245892%10%18%
Jan 2024 to Jun 20245796%15%19%
Jul 2023 to Dec 20234195%40%11%
Jan 2023 to Jun 20234885%18%35%
Jul 2022 to Dec 20222968%45%2%
Jan 2022 to Jul 20223465%43%6%
Jul 2021 to Dec 20212538%64%5%
Jan 2021 to Jul 20213232%49%3%
Jul 2020 to Jan 20213438%45%5%
Jan 2020 to Jul 20203336%45%5%
Jul 2019 to Jan 20202832%59%2%
Jan 2019 to Jul 20192324%73%4%
Jun 2018 to Jan 20192125%84%4%
Dec 2017 to Jun 20182317%88%3%
Working with Medacs Healthcare PLC?

PennyFetch sends automatic payment reminders so you don’t have to chase. If they still don’t pay, it calculates statutory interest and generates a Letter Before Action as a PDF.

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Frequently asked questions

According to their most recent self-reported government filing, MEDACS HEALTHCARE PLC pays invoices in 48 days on average. 17% of their invoices fall outside the agreed payment terms. PennyFetch rates this company as "Mostly on time" based on that data.

All payment statistics on this page are self-reported by Medacs Healthcare PLC to the UK Government Payment Practices Reporting service . The government publishes this data but does not independently verify the figures. Published under the Open Government Licence v3.0.

Most recent report filed: Nov 2025. The rating labels on this page (e.g. “Good payer”, “Often outside terms”) are PennyFetch’s own classifications based on the reported data. They are not government ratings. This page is for informational purposes and does not constitute legal or financial advice.

Is this your company?

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