Back to search

Read Electrical Services Limited

05202009

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

STAG GATES HOUSE, SOUTHAMPTON, SO17 1XS
Incorporated 10/08/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mrs Sonya Read

secretary · Since 07/10/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Paul Read

director · Since 07/10/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mrs Sonya Read

director · Since 07/10/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Oscar Paul Read

director · Since 10/04/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 23

Persons with Significant Control

Paul Read

25–50% shares
25–50% votes

British · United Kingdom · Age 55

Stag Gates House, Southampton, SO17 1XS

Notified 06/04/2016

Mrs Sonya Read

25–50% shares
25–50% votes

British · United Kingdom · Age 54

Stag Gates House, Southampton, SO17 1XS

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

JUST CASH FLOW PLC

Created 04/12/2018Registered 04/12/2018

CompanyRankvs 2739+ SIC 43210 peers
70

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.5× · 12/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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 31/01/2025

Net Worth

£312k

Balance sheet strength

Cash

£117k

Cash in the bank

Net Current Assets

£304k

Working capital

Current Assets

£917k

Current Liabilities

£613k

Fixed Assets

£62k

Debtors

£777k

11avg. employees+2

Tax at Year End

Corp tax£99k

Balance Sheet

Intangible assets£0
Assets less current liabilities£366k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.50+£85k
20241.60+£68k
20231.60-£13k
20221.79-£88k
20212.48+£43k
20201.85+£37k
20191.66

Derived from filed accounts. Not audited figures.