Clearsprings Ready Homes Ltd
Active07921508Real estateIncorporated 24 Jan 2012 · Rayleigh
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.
Revenue
£1.7bn
▲ +34.9% vs prior ~12m period
Profit after tax
£91.2m
Margin 6.7%
Employees
391
▲ +40.6% vs prior ~12m period
Net assets
£7.3m
Total assets £96.5m
Financial history
Revenue by accounting period
5 periods available · ▲ growth ▼ decline
Jan 2020Not available
Feb 2021
£163.3m
Jan 2022
£501.8m▲ +207.3%
Jan 2023
£1.3bn▲ +157.7%
Jan 2024
£1.7bn▲ +34.9%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Jan 2024 | £1.7bn | ▲ +34.9% | £120.1m | 391 | £7.3m |
| 31 Jan 2023 | £1.3bn | ▲ +157.7% | £76.8m | 278 | £6.0m |
| 31 Jan 2022 | £501.8m | ▲ +207.3% | £34.6m | 203 | £500k |
| 1 Feb 2021 | £163.3m | — | £5.1m | 165 | £475k |
| 31 Jan 2020 | — | — | — | — | £3.1m |
Latest available figures
Period ending 31 Jan 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £1.7bn
- Gross profit
- £129.5m
- Operating profit
- £116.9m
- Profit before tax
- £120.1m
- Profit after tax
- £91.2m
Balance sheet
- Total assets
- £96.5m
- Cash
- £30.3m
- Total liabilities
- £89.2m
- Net assets
- £7.3m
- Revenue per employee
- £4.5m
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