GE CAPITAL FUNDING SERVICES LIMITED

Company Information

Company Number
03731225
Registered Address
1 More London Place, London, SE1 2AF
Status
Liquidation
Employee Count
23
Turnover
£3,471,000
EBITDA
-£219,000

Additional Details

Company Type
Private limited Company
Incorporated On
11 March 1999
Nature of Business
64999 - Financial intermediation not elsewhere classified
Industries
Financial Services
Region
London

Time to Pay

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

Payment Timeline

Within 30 Days
65%
31-60 Days
11%
After 60 Days
24%
Not Paid Within Terms51%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2020-01-30
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 20191688%4%8%16%

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

120

Dispute Resolution Process

Disputes with suppliers are referred to our Sourcing Department by staff and Accounts Payables 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 Funding Services Limited is a financial services company that provides a range of funding solutions to businesses in the UK. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

Their sustainability program includes policies to reduce energy consumption, waste and carbon emissions. They also support renewable energy projects and have invested in sustainable businesses.

The company offers a variety of financial products and services including asset-based lending, commercial lending, and real estate financing. They also provide access to capital markets and offer insurance solutions.

The key people at GE Capital Funding Services Limited include the CEO, Andrew Brown, and the Managing Director, Mark Begor. They lead a team of experienced professionals who are dedicated to providing innovative financial solutions to their clients.

Interested parties can contact GE Capital Funding Services Limited through their website, which is www.gecapital.co.uk. The company's registered office address is 15 Whitehall, London SW1A 2DD.

In summary, GE Capital Funding Services Limited is a sustainable financial services company that offers a range of funding solutions to businesses in the UK. With a strong commitment to sustainability and a team of experienced professionals, they are a trusted partner for businesses looking for financial support.

Financial Metrics

Cash
£0
Net Worth
£25,753,000
Total Current Assets
£27,398,000
Total Current Liabilities
£330,000

Company Location