Back to search

Readypower Complete Drain Clearance Limited

03573817

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 620 WHARFEDALE ROAD, WOKINGHAM, RG41 5TP
Incorporated 02/06/1998

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/08/2025

Due 19/08/2026

On track

Industry

81299
Other cleaning services

Officers

Mr Darren Clive Matthews

director · Since 15/05/2023

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 4 other boards

Mr James Richard Oliver

director · Since 15/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 5 other boards

Mr Timothy Noel Cockayne

director · Since 09/02/2026

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Persons with Significant Control

Readypower Group Limited

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

Unit 620, Wharfedale Road, Wokingham, RG41 5TP

Reg: 10494768 · Companies House · Private Limited Company

Notified 16/11/2022

Former PSCs

Mr John Alun Davies

Ceased 19/09/2019

Mr Jonathan Neil Walters

Ceased 06/04/2021

Mr Mark Joseph Jones

Ceased 06/04/2021

K & S (615) Limited

Ceased 16/11/2022

Charges1 outstanding

Charge
outstanding

DEUTSCHE TRUSTEE COMPANY LIMITED

Created 14/03/2022Registered 21/03/2022
Charge
satisfied

PNC BUSINESS CREDIT A TRADING STYLE OF PNC FINANCIAL SERVICES UK LTD (07341483)

Created 22/11/2021Registered 23/11/2021Satisfied 04/02/2022

CompanyRankvs 126+ SIC 81299 peers
77

Financial strength99th percentile among SIC peers · 25/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.57× · 20/20
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 strength25/25 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.

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 31/01/2021

Net Worth

£1.0M

Balance sheet strength

Cash

£722k

Cash in the bank

Net Current Assets

£725k

Working capital

Current Assets

£1.2M

Current Liabilities

£463k

Fixed Assets

£579k

Debtors

£466k

4avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20212.57+£408k
20202.00-£3k
20191.73-£59k
20172.91

Derived from filed accounts. Not audited figures.