SOCIETE GENERALE EQUIPMENT FINANCE LIMITED

PaymentCheck Score 2025
83Good
1.7vs last year
#1504 in UK
#301 in Financial Services
#662 in London

Company Information

Company Number
03596854
Registered Address
Parkshot House, 5 Kew Road, Richmond, Surrey, TW9 2PR
Status
Active
Employee Count
187
Turnover
£121,749,000
EBITDA
£28,426,000

Additional Details

Company Type
Private limited Company
Incorporated On
7 July 1998
Nature of Business
64910 - Financial leasing
Industries
Financial Services
Region
London

Time to Pay

Average Time to Pay
29 days
Shortest Period:1 days
Longest Period:30 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
78%
31-60 Days
13%
After 60 Days
9%
Not Paid Within Terms32%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-01-28
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202514 Jul 20252484%11%5%32%
01 Jul 2024 - 31 Dec 202428 Jan 20252978%13%9%32%
01 Jan 2024 - 30 Jun 202403 Jul 20242785%8%7%20%
01 Jul 2023 - 31 Dec 202319 Jan 20242477%16%7%27%
01 Jul 2022 - 31 Dec 202218 Jan 20232181%13%6%5%
01 Jan 2022 - 30 Jun 202219 Jul 20221693%3%3%11%
01 Jul 2021 - 31 Dec 202118 Jan 20221384%14%2%21%
01 Jan 2021 - 30 Jun 202115 Jul 20213079%9%12%22%
01 Jul 2019 - 31 Dec 201927 Jan 20202582%10%8%25%
01 Jan 2019 - 30 Jun 201929 Jul 20192184%10%6%24%
01 Jul 2018 - 31 Dec 201822 Jan 20192584%11%5%21%
01 Jan 2018 - 30 Jun 201826 Jul 20182180%13%7%26%

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

Within 30 days

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

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

First line of dispute sits within the purchase ledger team to investigate internally with the departmental manager responsible for the expenditure. Escalation of queries is firstly to the Finance Manager, followed by the Financial Controller / FD

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

Societe Generale Equipment Finance Limited is a financial services company based in London, United Kingdom. It is a subsidiary of the Societe Generale Group, a leading international bank and financial services provider. The company specializes in providing financing solutions for equipment and technology to businesses of all sizes across various industries.

The company offers a range of products and services, including leasing, hire purchase, and vendor finance. These solutions enable businesses to acquire the equipment and technology they need to grow and expand their operations, while also preserving their cash flow.

Societe Generale Equipment Finance Limited is committed to sustainability and has a dedicated sustainability program in place. The company aims to reduce its environmental impact through responsible financing and promoting sustainable practices among its clients. It also supports various environmental and social causes through its corporate social responsibility initiatives.

The key people at Societe Generale Equipment Finance Limited include CEO Olivier Vigneron and COO Herve de la Moriniere, who bring extensive experience and expertise in the financial services industry. The company has a team of dedicated professionals who work towards providing innovative and tailored financing solutions to their clients.

The registered office address of Societe Generale Equipment Finance Limited is 41 Tower Hill, London EC3N 4SG, United Kingdom. Their website address is https://www.equipmentfinance.societegenerale.co.uk/, where customers can find more information about the company, its products and services, and contact details. Overall, Societe Generale Equipment Finance Limited is a reputable and sustainable financial services company that helps businesses thrive through its financing solutions.

Financial Metrics

Cash
£45,682,000
Net Worth
£38,580,000
Total Current Assets
£528,283,000
Total Current Liabilities
£464,067,000

Company Location