GE OIL & GAS INTERNATIONAL LIMITED
Company Information
- Company Number
- SC305022
- Registered Address
- Stoneywood, Park North, Dyce, Aberdeen, Scotland, AB21 7EA
- Status
- Active
- Employee Count
- 0
- Turnover
- £753,721,000
- EBITDA
- £36,705,000
Additional Details
- Website
- https://ge.com
- Company Type
- Private limited Company
- Incorporated On
- 5 July 2006
- Nature of Business
- 82990 - Other business support service activities not elsewhere classified
- Industries
- Professional Services
- Region
- Scotland
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 | 30 Jan 2019 | 12 | 100% | 0% | 0% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 14 | 97% | 3% | 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
Standard payment terms 90 days 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
Only intercompany payments in this report.
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 Oil & Gas International Limited is a subsidiary of General Electric, a multinational conglomerate company. It is a leading provider of innovative technology solutions and services for the oil and gas industry worldwide.
The company's sustainability program focuses on reducing its environmental impact and promoting social responsibility. This includes investing in renewable energy sources, reducing greenhouse gas emissions, and promoting diversity and inclusion within the company.
GE Oil & Gas International Limited offers a wide range of products and services to the oil and gas industry, including drilling and production equipment, subsea systems, and digital solutions. They also provide maintenance, repair, and upgrade services to ensure the efficient operation of equipment and minimize downtime for their clients.
The key people at GE Oil & Gas International Limited include Lorenzo Simonelli, the President and CEO, and Rod Christie, the President and CEO of Turbomachinery and Process Solutions. They lead a team of experienced professionals dedicated to providing high-quality products and services to their customers.
For more information on GE Oil & Gas International Limited, including their products and services, sustainability initiatives, and contact information, please visit their website at www.geoilandgas.com. The company's registered office address is 41 Farnham Road, Slough, Berkshire SL1 3TN, United Kingdom.
