GE ENERGY POWER CONVERSION TECHNOLOGY LIMITED
Company Information
- Company Number
- 05921575
- Registered Address
- Thomson Houston Way, Off Technology Drive, Rugby, Warwickshire, United Kingdom, CV21 1BD
- Status
- Active
- Employee Count
- 0
- Turnover
- £12,952,000
- EBITDA
- £1,130,000
Additional Details
- Website
- https://ge.com
- Company Type
- Private limited Company
- Incorporated On
- 1 September 2006
- Nature of Business
- 72190 - Other research and experimental development on natural sciences and engineering
- Industries
- Property,Infrastructure And Construction
- Region
- West Midlands
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 2019 - 31 Dec 2019 | 29 Jan 2020 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 0 | 0% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 1 | 100% | 0% | 0% | 0% |
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
intercompany payments are 30 days end of month
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
Only intercompany qualifying contracts in this reporting period
Maximum contractual payment period agreed
45
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.
❌
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 Energy Power Conversion Technology Limited is a leading global provider of sustainable energy solutions. The company offers a wide range of products and services in the field of power conversion, including motors, drives, generators, and control systems.
The company is committed to sustainability and has a strong sustainability program in place. This includes initiatives to reduce its carbon footprint, increase energy efficiency, and promote renewable energy. GE Energy Power Conversion Technology Limited also prioritizes responsible sourcing and ethical business practices.
The key people at GE Energy Power Conversion Technology Limited include its CEO, Lorenzo Simonelli, and its Global Operations Leader, Rob McKechnie. The company has a global presence, with offices and facilities in various countries, including the UK, US, China, and India.
The company's website address is https://www.ge.com/power-conversion, where customers can find information about its products and services, as well as its sustainability efforts. The registered office address for GE Energy Power Conversion Technology Limited is 2 New York Street, Manchester, M1 4HD, United Kingdom.
In summary, GE Energy Power Conversion Technology Limited is a leading provider of sustainable energy solutions, with a strong commitment to reducing its environmental impact. Through its innovative products and services, it is helping to drive the transition towards a more sustainable energy future.
