GE MONEY SERVICING LIMITED
Company Information
- Company Number
- 03859120
- Registered Address
- Building 2 Marlins Meadow, Watford, United Kingdom, WD18 8YA
- Status
- Active
- Employee Count
- 1
- Turnover
- £2,707,000
- EBITDA
- -£305,000
Additional Details
- Website
- https://gemoney.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 11 October 1999
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Financial Services
- Region
- East of England
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 2018 - 31 Dec 2018 | 29 Jan 2019 | 28 | 63% | 19% | 18% | 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
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
No additional information
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.
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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.
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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 Money Servicing Limited is a financial services company based in the United Kingdom. The company offers a wide range of financial products and services, including loans, mortgages, credit cards, and insurance.
In terms of sustainability, GE Money Servicing Limited is committed to reducing its environmental impact and promoting responsible business practices. The company has implemented various initiatives to reduce its carbon footprint, such as using renewable energy sources and promoting recycling and waste reduction.
One of the key products offered by GE Money Servicing Limited is its mortgage services. The company provides mortgage loans to individuals and businesses, offering competitive interest rates and flexible repayment options. They also offer a range of insurance products, including home and car insurance, to protect their customers' assets.
The company is led by a team of experienced professionals, including its Managing Director, David Marock. They are dedicated to providing high-quality financial services and promoting sustainable practices within the company.
To contact GE Money Servicing Limited, individuals can visit their website at www.gemoney.co.uk or visit their registered office at Building 4, Hatters Lane, Croxley Green Business Park, Watford, Hertfordshire, WD18 8YF. Overall, GE Money Servicing Limited is a reputable and sustainable financial services company that strives to meet the diverse needs of its customers while promoting responsible business practices.
