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PAYMENTCHECK
HomeCompany SearchGet Your ScoreAwards
Sectors›Property›CLEARSPRINGS READY HOMES LTD

CLEARSPRINGS READY HOMES LTD

Company Information

Company Number
07921508
Registered Address
26 Brook Road, Rayleigh, SS6 7XJ
Status
Active
Employee Count
413
Turnover
£1,387,316,000
EBITDA
£55,237,000

Additional Details

Website
https://clearsprings.co.uk/
Company Type
Private limited Company
Incorporated On
24 January 2012
Nature of Business
68209 - Other letting and operating of own or leased real estate
Industries
Property
Region
East of England
Get notified when Clearsprings Ready Homes Ltd's payment practices change.
Payment dataFinancialsLocation

Time to Pay

Average Time to Pay
31 days
Shortest Period:30 days
Longest Period:60 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
98%
31-60 Days
1%
After 60 Days
1%
Not Paid Within Terms0%

Payment Features

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

Performance Reports History

Reporting Period Filed: 2019-11-19
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Feb 2019 - 31 Aug 201919 Nov 20193198%1%1%0%

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days from date of invoice

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

30

Dispute Resolution Process

County court mediation process under English law

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

About this company

Clearsprings Ready Homes Ltd is an active company registered in England, originally incorporated as Clearel Ltd in January 2012 before adopting its current name. Companies House records its nature of business as the letting and operating of its own or leased real estate. The available evidence does not describe specific properties, tenants or services beyond this registered classification. No further detail on its operations, portfolio or client base is provided in the evidence supplied, though the SIC coding indicates it operates within the property sector, managing real estate on its own account or under lease arrangements rather than developing or constructing buildings.

Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk

Financial Metrics

Cash
£27,117,291
Net Worth
£51,406,412
Total Current Assets
£189,313,995
Total Current Liabilities
£137,945,383

Company Location

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PaymentCheck

Our mission is to change the culture of late payments in the UK and help save over 55,000 companies every year which close due to cashflow issues.

Services

  • Payment Check
  • Business Solutions
  • API Access
  • Invoice Calculator
  • Late Payment Help
  • Get Your Score
  • Get Certified
  • For Accountants

Company

  • About Us
  • Contact
  • Blog
  • Search Archive
  • Compare
  • EULA
  • Privacy Policy
  • Terms and Conditions

Awards

  • Methodology
  • 2025 Awards
  • 2024 Awards
  • 2023 Awards
  • 2022 Awards
  • 2021 Awards
  • 2020 Awards

Contact

  • office@paymentcheck.co.uk
  • +44 (0) 7915 608 057
  • Send Your Story

© 2026 Payment Check Ltd

Registered Address: 3rd Floor Suite 207 Regent Street London W1B 3HH

Made by Alastair Campbell