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Gavin Reader Limited

02709453

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

65 CHURCH STREET, SEAHAM, SR7 7HF
Incorporated 24/04/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

92000
Gambling and betting activities

Officers

Mr Gavin Reader

director · Since 24/04/1992

AMUSEMENT CATERER

BRITISH · UNITED KINGDOM · Age 59

Also on 3 other boards

Mr Luke William Reader

director · Since 22/12/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Miss Meridon Rose Reader

director · Since 22/12/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 29

Also on 1 other board

Miss Meridon Rose Reader

secretary · Since 05/08/2022

Also on 1 other board

Persons with Significant Control

Mr Gavin Reader

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

British · United Kingdom · Age 59

Pleasureland, Marine Road West, Morecambe, LA4 4BU

Notified 06/04/2016

Charges5 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 03/08/2001Registered 09/08/2001
charge
outstanding

BARCLAYS BANK PLC

Created 10/12/1998Registered 21/12/1998
charge
outstanding

BARCLAYS BANK PLC

Created 19/12/1996Registered 02/01/1997
charge
outstanding

BARCLAYS BANK PLC

Created 10/06/1994Registered 17/06/1994
charge
outstanding

BARCLAYS BANK PLC

Created 20/04/1994Registered 26/04/1994

CompanyRankvs 234+ SIC 92000 peers
58

Financial strength78th percentile among SIC peers · 20/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.96× · 6/20
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.

Employees12/15 pts

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

Liquidity6/20 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

£154k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£53k

Current Liabilities

£55k

Fixed Assets

£179k

5avg. employees

Balance Sheet

Assets less current liabilities£163k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.96-£117k
20241.31-£27k
20231.13-£7k
20224.12+£36k
20211.59-£12k
20201.01+£6k
20191.02

Derived from filed accounts. Not audited figures.