Score of 92.75/100 qualifies for PaymentCheck Certification
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.
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.
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.
| 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 Jul 2025 - 31 Dec 2025 | 27 Jan 2026 | 22 | 90% | 10% | 0% | 12% |
| 01 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 14 | 89% | 10% | 1% | 4% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 21 | 83% | 17% | 0% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 28 Nov 2024 | 24 | 83% | 17% | 0% | 17% |
| 01 Jul 2023 - 31 Dec 2023 | 28 Nov 2024 | 26 | 61% | 39% | 0% | 24% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms is 30 days.
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
We resolve disputes and complaints with suppliers through a clear well controlled process designed to maintain strong supplier relationships and ensure accurate financial management. - When a supplier raises a dispute or complaint regarding a payment, we acknowledge the issue quickly and confirm receipt of their query. - We investigate the matter by reviewing the relevant invoices, contracts, and internal approval records to identify the root cause. - Where needed, we liaise with key parties such as the site team, operations and maintenance providers, to clarify the facts and reconcile any discrepancies. - Once the facts are established, we determine the appropriate corrective action—this may involve invoice corrections, credit notes, payment adjustments, or reissuing supporting documentation. - Resolved items are processed promptly in accordance with our payment terms and internal financial controls. - We aim to resolve disputes efficiently, minimising delays to suppliers and ensuring adherence to contractual obligations and good supplier management practices. 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 which can mean some invoices are paid beyond 30 days.
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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
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.
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