GE GRID SOLUTIONS (UK) LIMITED
Company Information
- Company Number
- NI027892
- Registered Address
- Unit 1, 7 Lissue Walk Lissue Industrial Estate East, Lisburn, Co. Antrim, Northern Ireland, BT28 2LU
- Status
- Active
- Employee Count
- 137
- Turnover
- £52,958,000
- EBITDA
- £12,122,000
Additional Details
- Website
- https://gegridsolutions.com/
- Company Type
- Private limited Company
- Incorporated On
- 27 October 1993
- Nature of Business
- 26513 - Manufacture of non-electronic measuring, testing etc. equipment, not for industrial process control58290 - Other software publishing
- Industries
- Supply Chain,Manufacturing And Commerce Models
- Region
- Northern Ireland
Time to Pay
Payment Timeline
Payment Features
Payment Score History
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 2025 - 30 Jun 2025 | 30 Jul 2025 | 48 | 32% | 47% | 21% | 24% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 55 | 23% | 38% | 39% | 51% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 50 | 36% | 38% | 26% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 72 | 18% | 32% | 50% | 53% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 68 | 20% | 20% | 60% | 44% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 67 | 31% | 17% | 51% | 60% |
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
180
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 Grid Solutions (UK) Limited is a subsidiary of General Electric Company, a global leader in energy and infrastructure solutions. The company specializes in providing advanced technologies and services for the transmission, distribution, and management of electricity.
Their sustainability program is centered around reducing their carbon footprint, promoting energy efficiency, and supporting renewable energy sources. They have set ambitious targets to reduce their greenhouse gas emissions and have implemented various initiatives to achieve these goals. They also prioritize sustainability in their product development, ensuring that their solutions are environmentally friendly and energy-efficient.
One of their key products is the Grid Asset Performance Management system, which uses advanced analytics and real-time monitoring to optimize the performance of electricity networks. This helps reduce downtime and improve efficiency, ultimately leading to cost savings and a more reliable energy supply for their customers.
The company is led by Managing Director, Darren Martin, who has over 25 years of experience in the energy sector. He works closely with a team of experienced professionals to drive innovation and growth in the company.
GE Grid Solutions (UK) Limited can be contacted through their website, which provides information about their products, services, and sustainability efforts. Their registered office address is located in London, and they have a network of offices and facilities throughout the UK to serve their customers.
