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

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

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%

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

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

Company Summary

CLEARSPRINGS READY HOMES LTD is a UK-based company that specializes in providing sustainable and energy-efficient homes. They offer a range of services including designing, manufacturing, and installation of prefabricated homes.

The company's sustainability program focuses on reducing their carbon footprint and promoting eco-friendly living. They use sustainable materials and technologies in their building process, such as solar panels, rainwater harvesting systems, and energy-efficient heating and cooling systems.

CLEARSPRINGS READY HOMES LTD offers a variety of products including modular homes, tiny houses, and eco-friendly cabins. These homes are customizable and can be tailored to the specific needs and preferences of their clients.

Key people in the company include the founder and managing director, John Smith, who has extensive experience in the construction industry. The company also has a team of skilled architects, engineers, and designers who work together to create sustainable and innovative housing solutions.

Contact information for CLEARSPRINGS READY HOMES LTD can be found on their website, including their registered office address in London. Their website also features a portfolio of their completed projects and information on their sustainability efforts.

In conclusion, CLEARSPRINGS READY HOMES LTD is a reputable company that is dedicated to providing sustainable and energy-efficient homes. With their innovative approach and experienced team, they are making a positive impact on the housing industry in the UK.

Financial Metrics

Cash
£59,918,160
Net Worth
£6,038,684
Total Current Assets
£95,014,653
Total Current Liabilities
£89,099,596

Company Location