CRAMLINGTON RENEWABLE ENERGY DEVELOPMENTS LIMITED
Company Information
- Company Number
- 09623474
- Registered Address
- 8 White Oak Square, London Road, Swanley, England, BR8 7AG
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 4 June 2015
- Nature of Business
- 35110 - Production of electricity
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Company Review
Trend Analysis
CRAMLINGTON RENEWABLE ENERGY DEVELOPMENTS LIMITED demonstrates a highly positive payment trend with an average payment time of just 14 days. A substantial 89% of invoices are settled within 30 days, indicating strong consistency in timely payments. The low 4% late payment rate and minimal 1% paid over 60 days suggest a stable and favorable payment trajectory for suppliers.
Volatility Analysis
Payment predictability is high, with 89% of invoices consistently settled well within a standard 30-day term, signifying reliable cash flow for suppliers. The low 4% late payment rate and minimal 1% exceeding 60 days indicate very low volatility in payment behavior. Risk to suppliers from delayed payments is exceptionally low, suggesting a stable and dependable payment partner.
Summary Analysis
Overall, CRAMLINGTON RENEWABLE ENERGY DEVELOPMENTS LIMITED presents as a highly reliable and low-risk payment partner for suppliers. Key decision factors for suppliers should focus on the consistently prompt payments, averaging 14 days, and the very high percentage of invoices settled on time. Minimal risk mitigation strategies are required given the excellent payment history; however, routine monitoring is always advisable.
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 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 14 | 89% | 10% | 1% | 4% |
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
Invoices are generally paid on the last day of the month the invoice is received. This equates to a standard payment period of 30 days. The cut-off date is communicated to all suppliers and if an invoice is received after this then they are paid at the end of the following month.
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
Dispute Resolution Procedure is set out in all major contracts with suppliers.
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.
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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
CRAMLINGTON RENEWABLE ENERGY DEVELOPMENTS LIMITED is an active private limited company specialising in the development of renewable energy projects. Its company name directly indicates a focus on the creation and advancement of initiatives within the renewable energy sector.
The company was incorporated on 4 June 2015 and operates under company number 09623474. Its registered office is located at 8 White Oak Square, London Road, Swanley, England, BR8 7AG, placing its registered operations within the South East region of the UK.
Companies operating within the renewable energy development sector in the UK typically engage in identifying suitable sites, obtaining planning permissions, and overseeing the construction of renewable energy generation assets. This can include projects for solar, wind, or other clean energy technologies.