Back to search

Readybus Limited

04797897

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

2 COMMUNICATIONS ROAD, NEWBURY, RG19 6AB
Incorporated 13/06/2003

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/11/2025

Due 21/11/2026

On track

Industry

49390
Other passenger land transport

Officers

Mr Thomas Findlay Stables

director · Since 07/06/2024

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 38 other boards

Mr John Stewart Fraser

director · Since 25/04/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 9 other boards

Mrs Lynette Gillian Krige

director · Since 12/09/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 25 other boards

Persons with Significant Control

The Ready Group Limited

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

2 Communications Road, Greenham Business Park, Newbury, RG19 6AB

Reg: 07609005 · Uk · Limited Company

Notified 15/03/2017

Former PSCs

Mr Mark Bugden

Ceased 15/03/2017

Charges6 outstanding

Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE

Created 18/12/2024Registered 23/12/2024
Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE

Created 18/12/2024Registered 23/12/2024
Charge
outstanding

INVESTEC BANK PLC (AS SECURITY TRUSTEE)

Created 30/07/2024Registered 05/08/2024
Charge
outstanding

INVESTEC BANK PLC

Created 07/06/2024Registered 12/06/2024
Charge
outstanding

KIERAN BRIAN SWINDELLS

Created 07/06/2024Registered 12/06/2024
Charge
outstanding

INVESTEC BANK PLC

Created 07/06/2024Registered 12/06/2024
Charge
satisfied

SME INVOICE FINANCE LIMITED

Created 10/05/2022Registered 16/05/2022Satisfied 04/07/2024
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 21/02/2019Registered 25/02/2019Satisfied 24/05/2022
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 27/08/2013Registered 28/08/2013Satisfied 27/01/2021

CompanyRankvs 913+ SIC 49390 peers
64

Financial strength93th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.64× · 6/20
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 strength23/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/07/2023

Net Worth

£453k

Balance sheet strength

Cash

£135k

Cash in the bank

Net Current Assets

-£566k

Working capital

Current Assets

£1.0M

Current Liabilities

£1.6M

Fixed Assets

£2.8M

Debtors

£891k

41avg. employees

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.64

Derived from filed accounts. Not audited figures.