CRAMLINGTON RENEWABLE ENERGY DEVELOPMENTS LIMITED
Company number: 09623474
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
27 January 2026
Approved by:
David Whitehurst
Payment statistics
Average time taken to pay invoices: 22 days
Total value paid:
- within 30 days: £15,211,300 (94%)
- in 31 to 60 days: £1,028,194 (6%)
- in 61 days or more: £1 (< 1%)
Invoices paid:
- within 30 days: 90%
- in 31 to 60 days: 10%
- in 61 days or more: 0%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £1,028,194
- payments due in the reporting period which have not been paid within the agreed period: 12%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
Answer not provided
Standard payment terms
Standard payment terms is 30 days.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
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.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
No
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No