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The Readiness Company Limited

04320461

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

UNIT A 82 JAMES CARTER ROAD, BURY ST. EDMUNDS, IP28 7DE
Incorporated 09/11/2001

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

62020
Information technology consultancy activities
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
78300
Human resources provision and management of human resources functions

Officers

Muriel Grace Garnett

secretary · Since 09/11/2001

BRITISH · Age 86

Mr Gary Martin Garnett

director · Since 09/11/2001

LEARNING & DEVELOPMENT CONSULTANT

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Gary Martin Garnett

50–75% shares

British · England · Age 61

Unit A, 82 James Carter Road, Bury St. Edmunds, IP28 7DE

Notified 06/04/2016

Mrs Muriel Garnett

25–50% shares

British · United Kingdom · Age 86

32, Silverdale Road, Tadley, RG26 4JW

Notified 31/03/2017

CompanyRankvs 6043+ SIC 62020 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 6.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees5/15 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 30/11/2024

Net Worth

£448k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£435k

Working capital

Current Assets

£515k

Current Liabilities

£80k

Fixed Assets

£13k

1avg. employees

Tax at Year End(2021)

Corp tax£25k

Balance Sheet

Assets less current liabilities£448k
Signed by Mr Gary Garnett 26/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.41+£5k
20235.66+£43k
20228.37+£27k
20215.96+£74k
20204.14+£71k
20192.51-£16k
20183.48

Derived from filed accounts. Not audited figures.