Clearsprings Ready Homes Ltd
Registered name: CLEARSPRINGS READY HOMES LTD
Clearsprings Ready Homes Ltd made £1.4bn revenue and £44.1m profit in the year to 31 Jan 2025.
Clearsprings Ready Homes Ltd’s revenue fell 20% to £1.4bn in the year to 31 Jan 2025, with £44.1m profit and 413 employees. The company is classified under “other letting and operating of own or leased real estate” and is based in Rayleigh; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Rayleigh, East of England
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Jan 2022 | 31 Jan 2023 | 31 Jan 2024 | 31 Jan 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £502m | £1.3bn | £1.7bn | £1.4bn |
| Cost of sales | £462m | £1.2bn | £1.6bn | −£1.3bn |
| Gross profit | £39.7m | £84m | £129m | £68.7m |
| Operating profit | £33.8m | £74.9m | £117m | £55.1m |
| Profit before tax | £34.6m | £76.8m | £120m | £58.7m |
| Profit after tax | £28m | £62.5m | £91.2m | £44.1m |
| Profit (best available) | £28m | £62.5m | £91.2m | £44.1m |
| Staff costs | £6.2m | £10.6m | £16.6m | — |
| Employees (average) | 203 | 278 | 391 | 413 |
| Ratios | ||||
| Profit margin | 5.6% | 4.8% | 5.2% | 3.2% |
| Gross margin | 7.9% | 6.5% | 7.4% | 5% |
| Revenue per employee | £2.5m | £4.7m | £4.5m | £3.4m |
| Profit per employee | £138k | £225k | £233k | £107k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲157.7% | ▲34.9% | ▼20.4% |
| Profit growth | — | ▲123.3% | ▲45.9% | ▼51.6% |
| Headcount growth | — | ▲37% | ▲40.6% | ▲5.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £25m | £59.9m | £30.3m | — |
| Net assets | £500k | £6m | £7.3m | — |
| Fixed assets | £84.4k | £289k | £306k | — |
| Current assets | £59.8m | £95m | £96.2m | — |
| Debtors | £8.6m | £8.8m | £18.3m | — |
| Deferred income | £8.1m | £27.8m | £42.3m | — |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Oct 2024 | Accounts · bulk data Nov 2025 |
How the business works
- Profit margin
- 3.2%
- Profit ÷ revenue.
- Gross margin
- 5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.4m
- Revenue ÷ average employees.
- Profit per employee
- £107k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲6%
- Now 413
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from accounts for the year to 31 Jan 2025 (profit £44.1m), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Updated from Companies House on 11 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.