Back to search

Reader Commercial Limited

02813933

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

HUBBARD HOUSE, IPSWICH, IP1 2AR
Incorporated 29/04/1993

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/04/2026

Due 13/05/2027

On track

Industry

68310
Real estate agencies

Officers

Mr Martin Hubbard Reader

director · Since 29/04/1993

PROPERTY CONSULTANT

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Mrs Michelle Ann Reader

secretary · Since 19/05/2003

COMMERCIAL AGENCY

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mrs Michelle Ann Reader

director · Since 01/06/2004

MANAGER

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Mr Martin Hubbard Reader

25–50% shares
25–50% votes
Appoint directors

British · England · Age 56

Hubbard House, Ipswich, IP1 2AR

Notified 06/04/2016

Mrs Michelle Ann Reader

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

Hubbard House, Ipswich, IP1 2AR

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 01/11/2012Registered 07/11/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/11/2009Registered 04/11/2009Satisfied 08/02/2013

CompanyRankvs 4727+ SIC 68310 peers
59

Financial strength37th percentile among SIC peers · 9/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1J.Wagstaff(Broadway)Limited
90
2Harrison Northern Limited
90
3D. Noble Limited
90
4Russell Simpson Limited
90
5Benham And Reeves Limited
90
6Addison'S Limited
90
7Mountgrange Heritage Limited
90
8Goadsby & Harding (Residential) Limited
90
9Castles Estate Agents Limited
90
10Minerva Asset Management Limited
90
4727Reader Commercial Limited
69
How is this score calculated?
Financial strength9/25 pts

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

Employees10/15 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.

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 31/03/2025

Net Worth

£76

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£66k

Working capital

Current Assets

£132k

Current Liabilities

£66k

Fixed Assets

£262

Debtors

£111k

2avg. employees

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£66k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20252.00
20191.30

Derived from filed accounts. Not audited figures.