GE CAPITAL UK LIMITED

Company Information

Company Number
02549477
Registered Address
1 More London Place, London, SE1 2AF
Status
Liquidation
Employee Count
0
Turnover
Coming Soon
EBITDA
£165,000

Additional Details

Company Type
Private limited Company
Incorporated On
17 October 1990
Nature of Business
64910 - Financial leasing
Industries
Financial Services
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
19%
31-60 Days
37%
After 60 Days
44%
Not Paid Within Terms89%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-01-29
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201829 Jan 20196119%37%44%89%
01 Jan 2018 - 30 Jun 201826 Jul 20183473%15%12%93%

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, smaller, local vendor

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

Volumes through this entity are minimal (c200 transactions so statistically sensitive). The majority of payments are to 2 large international partners who are not in dispute. Payment timing is due to group global system configuration which is under discussion.

Maximum contractual payment period agreed

120

Dispute Resolution Process

Disputes are referred to sourcing by staff and Accounts Payable. Sourcing engage with the supplier to agree payment 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 UK Limited is a financial services company based in London that provides a wide range of products and services to businesses and individuals. They are committed to sustainability and have implemented various initiatives to reduce their environmental impact.

Their sustainability program includes measures such as reducing energy consumption, promoting recycling, and using renewable energy sources. They also have a Green Financing program that offers loans and leases for energy-efficient projects.

The company offers a range of financial services, including commercial lending, equipment leasing, and asset management. They also provide specialized financing for industries such as healthcare, aviation, and real estate.

The key people at GE Capital UK Limited include CEO and President, David Joyce, and CFO, Keith Sherin. They have a team of experienced professionals who are dedicated to providing excellent customer service.

The company's website address is www.gecapital.co.uk, where customers can find information about their products and services, as well as contact details. Their registered office address is 1 John Carpenter Street, London, EC4Y 0AG.

In conclusion, GE Capital UK Limited is a leading financial services company that is committed to sustainability and offers a wide range of products and services to businesses and individuals. With their experienced team and dedication to sustainability, they continue to be a trusted and reliable partner for their customers.

Financial Metrics

Cash
£9,404,000
Net Worth
£8,744,000
Total Current Assets
£13,002,000
Total Current Liabilities
£3,192,000

Company Location