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Read Construction Group Limited

05637448

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

ENTERPRISE CENTRE, BRYMBO, LL11 5BT
Incorporated 28/11/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Alexander Charles Read

director · Since 01/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Miss Karen Louise Heaton-Morris

director · Since 04/07/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Persons with Significant Control

Read Construction Uk Limited

75–100% shares
75–100% votes

Blast Road, Brymbo, Wrexham, LL11 5BT

Reg: 11239319 · England & Wales · Private Company Limited By Shares

Notified 27/03/2018

Former PSCs

Mr Richard David Heaton

Ceased 27/03/2018

Mrs Linda Mary Heaton

Ceased 27/03/2018

CompanyRankvs 13440+ SIC 41100 peers
58

Financial strength86th percentile among SIC peers · 22/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.12× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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13440Read Construction Group Limited
68
How is this score calculated?
Financial strength22/25 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.

Liquidity2/20 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

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

Net Worth

£275k

Balance sheet strength

Cash

£64k

Cash in the bank

Profit Before Tax

£698k

Bottom line earnings

Net Current Assets

-£1.5M

Working capital

Current Assets

£198k

Current Liabilities

£1.7M

Fixed Assets

£2.5M

Debtors

£134k

Admin Expenses

£597k

Profit After Tax

£411k

4avg. employees

Tax at Year End

Dividends paid-£407k

People Costs

Wages & salaries£18k

Balance Sheet

Assets less current liabilities£998k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.12+£4k
20240.21—

Derived from filed accounts. Not audited figures.