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Ready Metal Co.Limited

00528590

active
ltd
england wales
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

472a Larkshall Road, London, E4 9HH
Incorporated 28/01/1954

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 17/05/2026

Due 31/05/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mandeep Singh Binning

director · Since 25/03/2022

British · England · Age 45

Manjinder Singh Binning

director · Since 25/03/2022

British · England · Age 45

Former

Gillian Readman

secretary · Resigned 25/03/2022

Nigel Readman

director · Resigned 25/03/2022

Gillian Readman

director · Resigned 25/03/2022

Colin Roy Mitchell

director · Resigned 25/03/2022

Persons with Significant Control

Binning Group Ltd

75–100% shares
75–100% votes
Appoint directors

472a, Larkshall Road, London, E4 9HH

Reg: 12663932 · Companies House · Limited

Notified 25/03/2022

Former PSCs

Mr Nigel Readman

Ceased 25/03/2022

Mrs. Gillian Readman

Ceased 25/03/2022

Charges4 outstanding

Charge
outstanding

COUTTS & COMPANY

Created 17/07/2023Registered 20/07/2023
Charge
outstanding

COUTTS & COMPANY

Created 17/07/2023Registered 20/07/2023
Charge
outstanding

RECOGNISE BANK LIMITED

Created 25/03/2022Registered 04/04/2022
Charge
outstanding

RECOGNISE BANK LIMITED

Created 25/03/2022Registered 29/03/2022
charge
satisfied

NIGEL INGRAM READMAN

Created 20/02/1993Registered 25/02/1993Satisfied 07/06/2007

Change History

statusactive
2026-06-08

Active

typeltd
2026-06-08

Private Limited Company

address line1472a Larkshall Road
2026-06-08

472A LARKSHALL ROAD

post townLondon
2026-06-08

LONDON

officer appointedBINNING, Mandeep Singh
2026-06-08
officer appointedBINNING, Manjinder Singh
2026-06-08

CompanyRankvs 29556+ SIC 68209 peers
60

Financial strength98th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.06× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees3/15 pts

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

Liquidity12/20 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

£3.8M

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£34k

Working capital

Current Assets

£558k

Current Liabilities

£524k

Fixed Assets

£4.9M

Debtors

£522k

0avg. employees

Tax at Year End(2017)

Corp tax£8k

Balance Sheet

Assets less current liabilities£4.9M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.06+£3.2M
20241.64+£24k
20232.18+£245k
20220.27-£47k
20210.34+£13k
20200.18+£11k
20190.12+£6k
20170.10

Derived from filed accounts. Not audited figures.