| 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 2019 - 30 Jun 2019 | 26 Jul 2019 | 19 | 85% | 6% | 9% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 22 | 81% | 6% | 13% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 24 | 79% | 8% | 13% | 31% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms get negotiated by the suppliers from time to time.
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
150
Disputes with suppliers are referred to our Sourcing Department by staff and Accounts Payable teams. Our Sourcing Department engage with the supplier to resolve these disputes to the satisfaction of both parties.
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
GE Capital EMEA Services Limited is a financial services company based in London, United Kingdom. It operates as a subsidiary of General Electric (GE) and provides a range of financial products and services across Europe, the Middle East, and Africa (EMEA) region.
The company offers a variety of financial solutions, including commercial lending, asset-based lending, equipment finance, and fleet services, to businesses of all sizes. It also provides leasing and financing options for companies looking to invest in new equipment and technology. Additionally, GE Capital EMEA Services Limited offers specialized financial services for the healthcare, energy, aviation, and real estate industries.
In terms of sustainability, the company has a dedicated Environmental, Social, and Governance (ESG) program that focuses on reducing its environmental impact, promoting diversity and inclusion, and supporting local communities. As part of this program, the company has set ambitious goals to reduce its carbon footprint and increase its renewable energy usage.
Key people at GE Capital EMEA Services Limited include CEO and President GE Capital EMEA, Mr. Richard Laxer, and Chief Risk Officer, Mr. Chris Pilling. The company's registered office address is at 40 Bank Street, Canary Wharf, London, E14 5NR, United Kingdom.
To learn more about GE Capital EMEA Services Limited and its products and services, visit their website at www.gecapital.eu. The website also provides contact information and a list of their locations across the EMEA region.