Back to search

Electronic Reading Systems Limited

02233595

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

11 & 13, KEMPSTON, MK42 7PW
Incorporated 22/03/1988

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 05/08/2025

Due 19/08/2026

On track

Industry

46900
Non-specialised wholesale trade
62090
Other information technology service activities

Officers

Mr Michael Henry Villers

director · Since 22/09/1991

DIRECTOR

BRITISH · ENGLAND · Age 68

Mr Stephen Thomas Ball

director · Since 30/03/1995

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Honeycroft Services Ltd

secretary · Since 01/04/2008

OTHER

Also on 4 other boards

Persons with Significant Control

Mr Michael Henry Villers

25–50% shares

British · England · Age 68

11, & 13, Kempston, MK42 7PW

Notified 06/04/2016

Mr Stephen Thomas Ball

25–50% shares

British · United Kingdom · Age 57

11, & 13, Kempston, MK42 7PW

Notified 30/06/2025

Former PSCs

Mr Graham Ball

Ceased 30/06/2025

Charges2 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 03/11/2004Registered 05/11/2004
charge
outstanding

IFS INTERNATIONAL LIMITED

Created 02/11/1998Registered 14/11/1998
charge
satisfied

BARCLAYS BANK PLC

Created 12/09/1988Registered 21/09/1988Satisfied 18/11/2004

CompanyRankvs 2513+ SIC 46900 peers
68

Financial strength89th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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 31/01/2025

Net Worth

£536k

Balance sheet strength

Cash

£788k

Cash in the bank

Net Current Assets

£479k

Working capital

Current Assets

£1.7M

Current Liabilities

£1.2M

Fixed Assets

£70k

Debtors

£422k

17avg. employees

Balance Sheet

Assets less current liabilities£549k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.40+£68k
20241.36
20231.33
20221.33+£119k
20211.30+£115k
20201.30-£8k
20191.22-£6k
20181.13

Derived from filed accounts. Not audited figures.