CRAMLINGTON RENEWABLE ENERGY DEVELOPMENTS LIMITED

PaymentCheck Score 2025
95Excellent
New Entry
#498 in UK
#67 in South East

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

Average Time to Pay
14 days
Shortest Period:30 days
Longest Period:0 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
89%
31-60 Days
10%
After 60 Days
1%
Not Paid Within Terms4%

Payment Features

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

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 Filed: 2025-07-25
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2025 - 30 Jun 202525 Jul 20251489%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.

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

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.

Financial Metrics

Cash
£13,200,000
Net Worth
£56,100,000
Total Current Assets
£27,800,000
Total Current Liabilities
£4,400,000

Company Location