GE CALEDONIAN LIMITED

PaymentCheck Score 2024
41Poor
5.3vs last year
#4804 in UK
#223 in Scotland

Company Information

Company Number
SC064580
Registered Address
Monument Crescent, Shawfarm Industrial Estate, Prestwick, KA9 2RX
Status
Active
Employee Count
830
Turnover
£759,955,000
EBITDA
£244,765,000

Additional Details

Company Type
Private limited Company
Incorporated On
12 April 1978
Nature of Business
52230 - Service activities incidental to air transportation
Industries
Travel And Transportation
Region
Scotland

Time to Pay

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

Payment Timeline

Within 30 Days
42%
31-60 Days
30%
After 60 Days
28%
Not Paid Within Terms70%

Payment Features

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

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2023-07-31
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202409 Feb 20255835%24%41%60%
01 Jan 2023 - 30 Jun 202331 Jul 20235042%30%28%70%
01 Jan 2022 - 30 Jun 202225 Jul 20225633%25%43%75%
01 Jul 2021 - 31 Dec 202131 Jan 20224745%23%32%62%
01 Jan 2021 - 30 Jun 202102 Aug 20215426%40%34%61%
01 Jul 2020 - 31 Dec 202009 Feb 20215133%34%33%62%
01 Jan 2020 - 30 Jun 202006 Aug 20206025%29%46%50%
01 Jul 2019 - 31 Dec 201914 Feb 20204935%26%39%44%
01 Jun 2018 - 30 Jun 201827 Jul 20185039%22%39%67%

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

For both indirect and direct and UK domestic payment >90day terms are with large suppliers agreed under separate contract terms

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

120

Dispute Resolution Process

Accounts payable escalate any disputes to the sourcing team, who engage with the supplier to resolve.

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 Caledonian Limited is a leading engineering and manufacturing company based in Scotland. The company specializes in providing reliable and sustainable solutions for the energy, aviation, and healthcare industries.

The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact. This includes investing in renewable energy sources, implementing energy-efficient practices, and reducing waste in its manufacturing processes.

GE Caledonian Limited offers a wide range of products and services, including gas turbines, wind turbines, aircraft engines, and medical equipment. These products are designed to meet the highest quality standards and are known for their reliability and efficiency.

The key people at GE Caledonian Limited include the CEO, who oversees the overall operations of the company, and the board of directors, who provide strategic guidance and decision-making. The company also has a team of dedicated employees who are committed to delivering the best products and services to their customers.

For more information on GE Caledonian Limited and its products and services, you can visit their website at www.gecaledonian.com. The company's registered office address is at Prestwick International Aerospace Park, Ayrshire, Scotland, UK.

Financial Metrics

Cash
£0
Net Worth
£548,834,802
Total Current Assets
£208,534,810
Total Current Liabilities
£28,888,170

Company Location