GENERAL ELECTRIC ENERGY UK LIMITED
Company Information
- Company Number
- 04267931
- Registered Address
- St Leonards Building, Harry Kerr Drive, Stafford, England And Wales, United Kingdom, ST16 1WT
- Status
- Active
- Employee Count
- 40
- Turnover
- £5,437,000
- EBITDA
- -£6,750,000
Additional Details
- Website
- https://ge.com
- Company Type
- Private limited Company
- Incorporated On
- 9 August 2001
- Nature of Business
- 27120 - Manufacture of electricity distribution and control apparatus28110 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines30990 - Manufacture of other transport equipment not elsewhere classified33170 - Repair and maintenance of other transport equipment not elsewhere classified
- Industries
- Supply Chain,Manufacturing And Commerce Models,Travel And Transportation
- Region
- North West
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 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 83 | 13% | 16% | 70% | 50% |
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | 74 | 20% | 22% | 59% | 70% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 77 | 31% | 18% | 51% | 54% |
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
90 days generally applies to UK domestic 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
150
Dispute Resolution Process
Accounts Payable escalate any disputes to sourcing team who engage supplier to establish 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.
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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
General Electric Energy UK Limited is a subsidiary of the multinational corporation General Electric (GE), dedicated to providing energy solutions in the United Kingdom. The company offers a wide range of products and services in the energy sector, with a focus on sustainability and environmental responsibility.
One of the main activities of General Electric Energy UK Limited is the production and distribution of renewable energy sources such as wind, solar, and hydro power. They also provide solutions for efficient energy management and storage, helping businesses and households reduce their carbon footprint and save on energy costs.
The company's sustainability program is a key aspect of its operations, with a commitment to reduce greenhouse gas emissions and promote a circular economy. They have set ambitious goals to reduce their own carbon footprint and promote sustainable practices across their supply chain.
The key people at General Electric Energy UK Limited include CEO and President Russell Stokes, who has over 25 years of experience in the energy industry, and Vice President and Chief Sustainability Officer Kelli Wells, who leads the company's sustainability efforts.
Contact information for General Electric Energy UK Limited can be found on their website, including their registered office address in London. The company's website also provides information on their products and services, as well as their sustainability initiatives and goals. Overall, General Electric Energy UK Limited is a leading company in the energy sector, with a strong commitment to sustainability and providing innovative solutions for a more sustainable future.
