GE CAPITAL EQUIPMENT FINANCE LTD
Company Information
- Company Number
- 01102466
- Registered Address
- 3rd Floor 1 Ashley Road, Altrincham, Cheshire, United Kingdom, WA14 2DT
- Status
- Active
- Employee Count
- 5
- Turnover
- £7,318,000
- EBITDA
- £5,688,000
Additional Details
- Website
- https://gecapital.nl
- Company Type
- Private limited Company
- Incorporated On
- 19 March 1973
- Nature of Business
- 64999 - Financial intermediation not elsewhere classified
- Industries
- Financial Services
- Region
- North West
Time to Pay
Payment Timeline
Payment Features
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 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 45 | 58% | 14% | 28% | 66% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 21 | 86% | 3% | 11% | 32% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 22 | 83% | 4% | 13% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 31 | 77% | 7% | 17% | 52% |
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
Generally applied to domestic agreements with GE.
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
Accounts Payable and staff escalate any disputes to sourcing team who engage supplier to establish agreed terms.
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 Equipment Finance Ltd is a leading provider of financial solutions for businesses in the UK. They offer a variety of services including asset-based lending, equipment leasing, and structured finance. The company is committed to sustainability and has implemented various programs to reduce their environmental impact.
Their sustainability program focuses on energy efficiency, waste reduction, and responsible sourcing. They have set ambitious targets to reduce their carbon footprint and have implemented green initiatives such as using renewable energy sources and reducing paper usage. In addition, they have a responsible sourcing policy in place to ensure their suppliers adhere to ethical and environmental standards.
GE Capital Equipment Finance Ltd offers a range of products and services to help businesses manage their finances. Their asset-based lending allows businesses to use their assets as collateral for loans, while their equipment leasing enables businesses to access the latest technology without the burden of ownership. They also offer structured finance solutions to help businesses with large-scale projects.
The company is led by a team of experienced professionals, including Richard Laxer as the President and CEO. Their registered office address is at 110 Bishopsgate, London EC2N 4AY. They can be contacted through their website, www.gecapital.co.uk, where customers can also find more information about their products and services.
In conclusion, GE Capital Equipment Finance Ltd is a reputable financial company in the UK, committed to sustainability and providing businesses with innovative financial solutions. Their dedication to sustainability, range of products and services, and experienced leadership make them a top choice for businesses looking for financial support.
