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Readers Trading Limited

00431789

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • 6 outstanding charges (-10)

Details

33 SOUTH STREET, NEWPORT, PO30 1JE
Incorporated 25/03/1947

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46150
Agents involved in the sale of furniture, household goods, hardware and ironmongery

Officers

Mr Michael William John Reader

director · Since 31/12/1990

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 2 other boards

Persons with Significant Control

Readers Holdings Limited

75–100% shares
75–100% votes

33, South Street, Newport, PO30 1JE

Reg: 03192918 · England And Wales · Limited Company

Notified 06/04/2016

Charges6 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/01/1993Registered 22/01/1993
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/01/1993Registered 15/01/1993
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/07/1992Registered 27/07/1992
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/07/1992Registered 27/07/1992
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/09/1991Registered 20/09/1991
charge
outstanding

WESTMINSTER BANK PLC

Created 07/07/1967Registered 24/07/1967

CompanyRankvs 1085+ SIC 46150 peers
38

Financial strength51th percentile among SIC peers · 13/25
Employees36th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1085Readers Trading Limited
48
How is this score calculated?
Financial strength13/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£1k

Current Liabilities

—

0avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with IRIS Accounts Production

EstimatesDerived

YearImplied Profit
2025+£0
2024+£0

Derived from filed accounts. Not audited figures.