GE AIRCRAFT ENGINE SERVICES LIMITED
Company Information
- Company Number
- 02605713
- Registered Address
- Caerphilly Road, Nantgarw, Cardiff, CF15 7YJ
- Status
- Active
- Employee Count
- 1,506
- Turnover
- £924,436,000
- EBITDA
- £64,264,000
Additional Details
- Website
- https://ge.com
- Company Type
- Private limited Company
- Incorporated On
- 29 April 1991
- Nature of Business
- 30300 - Manufacture of air and spacecraft and related machinery
- Industries
- Coming Soon
- Region
- Wales
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2024 - 31 Dec 2024 | 05 Feb 2025 | 55 | 32% | 26% | 42% | 31% |
| 01 Jul 2023 - 31 Dec 2023 | 02 Feb 2024 | 58 | 21% | 28% | 51% | 31% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 61 | 26% | 36% | 38% | 26% |
| 01 Jan 2022 - 30 Jun 2022 | 25 Jul 2022 | 50 | 44% | 23% | 33% | 39% |
| 01 Jul 2021 - 31 Dec 2021 | 08 Feb 2022 | 48 | 43% | 25% | 31% | 23% |
| 01 Jan 2021 - 30 Jun 2021 | 02 Aug 2021 | 58 | 49% | 24% | 27% | 40% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 46 | 50% | 22% | 28% | 23% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 42 | 53% | 14% | 33% | 50% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 27 | 77% | 10% | 13% | 34% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 28 | 77% | 14% | 8% | 29% |
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
Any domestic payment terms >90 days are with large suppliers agreed under separate contract terms. 120 day payment terms apply to international suppliers.
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
The Accounts Payable function escalate any disputes to the Sourcing function who engage with the supplier to establish the agreed term.
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 Aircraft Engine Services Limited is a British company that specializes in providing maintenance, repair, and overhaul services for aircraft engines. The company is a subsidiary of General Electric (GE), a multinational conglomerate company.
Their sustainability program is focused on reducing their environmental impact through energy efficiency, waste reduction, and responsible sourcing. They have implemented various initiatives such as using renewable energy sources, reducing greenhouse gas emissions, and recycling waste materials.
The company offers a wide range of products and services, including engine maintenance, repair, and overhaul services for various types of aircraft engines. They also provide engine leasing solutions and customized engine maintenance programs to meet the specific needs of their customers.
The key people at GE Aircraft Engine Services Limited include David Joyce, the President and CEO of GE Aviation, and Gareth Richards, the Managing Director of the company. They both bring a wealth of knowledge and experience to the company and are committed to driving its success.
For more information on their products and services, interested parties can visit their website at www.geaviationservices.com. The registered office address of GE Aircraft Engine Services Limited is located at Chatteris Business Park, Honeysome Road, Chatteris, Cambridgeshire PE16 6QH, United Kingdom.
