M.J.Read Limited
00368609
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/03/2025
micro entity
Next accounts due
31/12/2026
Confirmation statement
Last: 30/10/2025
Due 13/11/2026
Industry
Officers
director · Since 24/05/2004
PART TIME ADMIN
BRITISH · UNITED KINGDOM · Age 78
Also on 7 other boards
secretary · Since 29/11/2005
BRITISH · UNITED KINGDOM · Age 78
Also on 7 other boards
director · Since 14/03/2016
DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 1 other board
Persons with Significant Control
Mr Bryan James Luscombe Read
British · England · Age 76
Laburnum Cottage, Calf Lane, Marlborough, SN8 4LQ
Notified 06/04/2016
Charges3 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
BRANCH NOMINEES LTD
THE MARLBOROUGH AND RAMSBURY RURCIL DISTRICT COUNCIL
BRANCH NOMINEES
BRANCH NOMINEES
CompanyRankvs 2733+ SIC 01110 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£375k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£179k
Working capital
Current Assets
£218k
Current Liabilities
£401k
Fixed Assets
£675k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.54 | -£59k |
| 2024 | 0.74 | -£2k |
| 2023 | 0.84 | +£38k |
| 2022 | 0.72 | -£2k |
| 2021 | 0.85 | -£6k |
| 2020 | 0.80 | +£25k |
| 2019 | 0.65 | +£10k |
| 2017 | 0.87 | — |
Derived from filed accounts. Not audited figures.