A. C. Read Electrics Ltd
04593174
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/11/2002
ELECTRICIAN
BRITISH · ENGLAND · Age 50
Also on 1 other board
director · Since 01/10/2023
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 1 other board
Persons with Significant Control
Mr Adam Christopher Read
British · England · Age 50
30, Gascoigne Road, Croydon, CR0 0NA
Notified 30/06/2016
Mrs Anthea Diane Read
British · England · Age 51
30, Gascoigne Road, Croydon, CR0 0NA
Notified 19/11/2024
CompanyRankvs 1934+ SIC 43210 peers82
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£80k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£53k
Working capital
Current Assets
£83k
Current Liabilities
£31k
Fixed Assets
£32k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.65 | +£16k |
| 2023 | 3.59 | +£27k |
| 2022 | 2.66 | +£23k |
| 2021 | 2.78 | — |
Derived from filed accounts. Not audited figures.