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Readypay Limited

02518342

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

NORTHUMBERLAND TAXI & COACH CENTRE SOUTH ALBION RETAIL PARK, BLYTH, NE24 5BW
Incorporated 04/07/1990

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 14/04/2025

Due 28/04/2026

Overdue

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Abdel Kerim Baccari

director · Since 20/12/2024

British

Francesca Marie Amelia Colantuoni

director · Since 20/12/2024

British

Former

David D'Arcy

secretary · Resigned 23/12/2003

Alexander Hurst

secretary · Resigned 20/12/2024

Joanne Elizabeth Hurst

secretary · Resigned 22/03/2010

Alexander Hugh Magill Hurst

director · Resigned 20/12/2024

Hugh Magill Hurst

director · Resigned 12/07/2021

Susan Louise Hurst

director · Resigned 27/06/2002

David Saint

director · Resigned 20/03/2026

CompanyRankvs 105+ SIC 77110 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.66× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Locators Limited
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2Bredon Construction & Haulage (Wareham) Limited
90
3Winner Garage Limited
90
4Apex Car Rental (Norwich) Limited
90
5Readypay Limited
90
6Andover Fork Truck Services Limited
90
7Measham Leasing Holdings Limited
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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.

Employees15/15 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 31/10/2024

Net Worth

£3.9M

Balance sheet strength

Cash

£827k

Cash in the bank

Net Current Assets

£2.5M

Working capital

Current Assets

£3.5M

Current Liabilities

£945k

Fixed Assets

£1.6M

Debtors

£2.6M

22avg. employees+3

Tax at Year End(2021)

Corp tax£181k
Dividends paid£112k

Balance Sheet

Intangible assets£710
Assets less current liabilities£4.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.66+£3.6M
20210.85—

Derived from filed accounts. Not audited figures.