Read Construction Holdings Limited
04401595
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 05/06/2025
Due 19/06/2026
Industry
Officers
director · Since 01/04/2016
DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 2 other boards
director · Since 04/07/2016
DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
Also on 1 other board
Persons with Significant Control
Read Construction Group Limited
Enterprise Centre, Blast Road, Wrexham, LL11 5BT
Reg: 05637448 · England And Wales Companies Registry · Private Limited Company
Notified 06/04/2016
Charges0 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 1077+ SIC 41201 peers72
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/03/2025
Turnover
£46.1M
Annual revenue
Net Worth
£4.8M
Balance sheet strength
Cash
£7.5M
Cash in the bank
Profit Before Tax
£3.5M
Bottom line earnings
Net Current Assets
—
Working capital
Current Assets
£15.9M
Current Liabilities
£11.1M
Debtors
£8.4M
Cost of Sales
£40.5M
Gross Profit
£5.7M
Admin Expenses
£2.4M
Profit After Tax
£3.1M
Tax at Year End
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.44 | +£2.1M |
| 2024 | 1.25 | — |
Derived from filed accounts. Not audited figures.