CLEARSPRINGS READY HOMES LTDActive

Company number 07921508Private limited companyIncorporated 2012

Key figures

£7,260,873+20.2%
Net assets 2023/24
+281.1%
Average annual growth 2021/22–2023/24
02 m4 m6 m8 m2021/222022/232023/24

Ratios

2023/24
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
050 m100 m2021/222022/232023/24

Dividends

from the accounts
2023/24

Dividends paid in the financial year: £90,000,000 (99% of the profit for the year).

History
2023/24£90,000,000
2022/23£57,000,000
2021/22£27,987,264
Filed accounts2021/22–2023/24
2021/222022/232023/24
Turnover501,822,6641,293,112,4831,743,883,634
Profit for the year28,012,42762,538,67491,222,189
Cash at bank and in hand24,955,39259,918,16030,316,810
Total assets59,886,43495,304,06396,494,731
Total liabilities59,365,31689,099,59688,962,751
Net assets / total equity500,0106,038,6847,260,873
Average number of employees203278391
Average pay (per year)30,57938,11342,342
Dividends paid-27,987,264-57,000,000-90,000,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2024

The Company operates ten year contracts with the Home Office for the provision of asylum accommodation, support and transport services in London and the South of England, and in Wales.

As described in the company's latest filed accounts.

Summary: CLEARSPRINGS READY HOMES LTD

Company

CLEARSPRINGS READY HOMES LTD is a private limited company registered with Companies House under company number 07921508. It was incorporated on 24 Jan 2012. Its status is active. The registered office is in Rayleigh (SS6). Its nature of business (SIC 2007) is other letting and operating of own or leased real estate (68209).

Accounts

The latest accounts in the database are for 2023/24 (period ending 31 Jan 2024); the company files full accounts. Turnover was £1,743,883,634. Profit for the year was £91,222,189. Net assets were £7,260,873, up 20.2% on the previous year. Cash at bank and in hand was £30,316,810. Total assets were £96,494,731 and total liabilities £88,962,751. The company had an average of 391 employees. Figures are available for 3 financial years (2021/22–2023/24).

Control and charges

One person with significant control is registered. 1 of 1 registered charges are outstanding.

Filing deadlines

The next accounts are due by 31 Oct 2026. The next confirmation statement is due by 17 Feb 2027.