Readway Limited
06441920
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/03/2010
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 73
Also on 3 other boards
Persons with Significant Control
J P Walton & Son (Transport) Limited
Brent Works, Pitman Road, Doncaster, DN12 4LJ
Reg: 05688729 · England & Wales · Limited Company
Notified 06/04/2016
Mr James Phillip Walton
British · England · Age 73
Brent Works Pitman Road, Denaby Main, South Yorkshire, DN12 4LJ
Notified 06/04/2016
Former PSCs
Mr Kristian James Walton
Ceased 01/03/2023
Charges1 outstanding
CLYDESDALE BANK PLC
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 4237+ SIC 49410 peers63
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£90k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
£86k
Working capital
Current Assets
£156k
Current Liabilities
£70k
Fixed Assets
£5k
Debtors
£151k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.24 | -£49k |
| 2024 | — | -£59k |
| 2023 | 4.55 | +£8k |
| 2022 | 2.43 | -£83k |
| 2021 | 1.77 | -£140k |
| 2020 | 6.73 | -£70k |
Derived from filed accounts. Not audited figures.