GE FINANCIAL INVESTMENTS

1. GE FINANCIAL INVESTMENTS 2009-12-30 → present
2. GE FINANCIAL INVESTMENTS LIMITED 2003-07-04 → 2009-12-30
3. HIKENEAR LIMITED 1997-02-19 → 2003-07-04

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have performed a going concern assessment for a period of 12 months from the date of approval of these financial statements, also considering events reasonably foreseeable beyond this horizon, which indicates that, and in light of the company's ability to access the group's cash pool facility if required, the company will have sufficient funds to meet its liabilities as they fall due for that period. The directors are confident that the company will have access to sufficient funds to continue in operational existence and have no current plans to liquidate the company in the next 12 months from the date of approval of these financial statements and they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “On 7 November 2024 the Supreme Court refused the Company's application to appeal the decision of the Court of Appeal (CA) handed down on 17 July 2024 against the Company, exhausting the Company's avenues for appeal. The Company had been in dispute with HMRC regarding whether the UK or the US has primary taxing rights over the Company's income for the years 2003 to 2008. In June 2021, the First Tier Tribunal had decided against the Company and the Company appealed to the Upper Tier Tribunal (UT). The appeal was heard at UT in early March 2023. The UT issued its judgement allowing the Company's appeal on 29 June 2023. After the CA judgement was received the Company paid HMRC GBP £208.4 million (USD equivalent $265.1 million) in tax and interest. The Company has recorded additional interest expense of $38 million resulting from the difference between interest paid on tax in the UK and that expected to be received from the US tax authorities. The US tax returns have been refiled and a refund of $224 million is expected to be paid within the next 12 months.”
• “On 6 August 2024, the Company allotted 1 ordinary share of USD $1.00 to GE Mobile Interim Solutions, LLC., for cash consideration of USD $280,000,000.”
• “On 9 November 2021, General Electric Company (GE) announced that it would form three global listed companies that are intended to be run independently and focus on the aerospace, healthcare, and energy segments. On 3 January 2023, GE completed the separation of its healthcare business into an independent publicly traded company, GE HealthCare Technologies Inc. (GE HealthCare), and on 2 April 2024, GE completed the separation of its GE Vernova business into an independent publicly traded company, GE Vernova, Inc. (GE Vernova). As a consequence of the operations, the company is part of GE Aerospace. The spin-off has had no direct impact on this entity.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +523.4%

  £34,787,250 → £216,873,239

• Employees

  —

  Not reported

• Operating profit

  -10,079.9%

  -£22,239 → -£2,263,899

• Profit before tax

  -1,711.6%

  -£1,406,227 → -£25,475,167

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers