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Readyspex Limited

02332312

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 1 TRIDENT BUSINESS PARK, NUNEATON, CV11 4PN
Incorporated 03/01/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Timothy Hugh Summerfield Ba (Hons) Aca

director · Since 13/04/2018

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 56

Also on 20 other boards

Persons with Significant Control

Readyspex Holdings Limited

75–100% shares

117, Main Street, Nuneaton, CV13 6AJ

Reg: 10533070 · England And Wales · Limited Company

Notified 13/04/2018

Former PSCs

Mr Andrew Mclellan

Ceased 13/04/2018

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/01/2025Registered 16/01/2025
Charge
satisfied

ANDREW MCLELLAN

Created 13/04/2018Registered 19/04/2018Satisfied 08/01/2025
charge
satisfied

BARCLAYS BANK PLC

Created 27/01/1989Registered 07/02/1989Satisfied 07/06/2017

CompanyRankvs 5911+ SIC 46900 peers
56

Financial strength81th percentile among SIC peers · 20/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.33× · 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 strength20/25 pts

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

Employees4/15 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 30/04/2025

Net Worth

£110k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£112k

Working capital

Current Assets

£450k

Current Liabilities

£339k

Fixed Assets

£159

0avg. employees

Balance Sheet

Assets less current liabilities£112k
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20251.33+£2k
20241.37+£16k
20231.77+£14k
20221.90-£46k
20212.28+£1k
20202.19+£13k
20192.25+£2k
20184.04

Derived from filed accounts. Not audited figures.