GE CAPITAL EMEA SERVICES LIMITED

Company Information

Company Number
00244759
Registered Address
3rd Floor 1 Ashley Road, Altrincham, Cheshire, United Kingdom, WA14 2DT
Status
Active
Employee Count
4
Turnover
£2,004,000
EBITDA
-£2,724,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 January 1930
Nature of Business
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
North West

Time to Pay

Average Time to Pay
65 days
Shortest Period:90 days
Longest Period:120 days
Max Contractual:150 days

Payment Timeline

Within 30 Days
39%
31-60 Days
12%
After 60 Days
50%
Not Paid Within Terms17%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Performance Reports History

Reporting Period Filed: 2021-01-27
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2019 - 30 Jun 201926 Jul 20191985%6%9%16%
01 Jul 2018 - 31 Dec 201829 Jan 20192281%6%13%18%
01 Jan 2018 - 30 Jun 201826 Jul 20182479%8%13%31%

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

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

Dispute Resolution Process

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.

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

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.

Financial Metrics

Cash
£0
Net Worth
£35,301,000
Total Current Assets
£56,591,000
Total Current Liabilities
£22,070,000

Company Location