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Read Plant (Hire And Sales) Limited

01496192

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

111 MILL HEATH, NEWPORT, NP20 7RA
Incorporated 12/05/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Martyn Sean Barrett

director · Since 09/05/1993

TRANSPORT MANAGER

BRITISH · UNITED KINGDOM · Age 65

Michelle Mary Barrett

secretary · Since 12/02/1999

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Michelle Mary Barrett

director · Since 01/04/2007

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Persons with Significant Control

Mr Martyn Sean Barrett

50–75% shares
50–75% votes

British · Wales · Age 65

113, Mill Heath, Newport, NP20 7RA

Notified 10/05/2019

Mrs Julie Elizabeth Barrett

50–75% shares
50–75% votes

British · Wales · Age 62

113, Mill Heath, Newport, NP20 7RA

Notified 11/07/2023

Former PSCs

Ms Michelle Mary Barrett

Ceased 10/05/2019

CompanyRankvs 1266+ SIC 43999 peers
86

Financial strength92th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.15× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2025

Net Worth

£433k

Balance sheet strength

Cash

£80k

Cash in the bank

Net Current Assets

£196k

Working capital

Current Assets

£367k

Current Liabilities

£171k

Fixed Assets

£359k

Debtors

£256k

5avg. employees

Balance Sheet

Assets less current liabilities£555k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20252.15+£73k
20242.02+£52k
20231.84+£17k
20221.56+£20k
20211.15+£35k
20201.13-£46k
20191.09-£102k
20181.37

Derived from filed accounts. Not audited figures.