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Readway Limited

06441920

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BRENT WORKS PITMAN ROAD DENABY MAIN, SOUTH YORKSHIRE, DN12 4LJ
Incorporated 30/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

James Phillip Walton

secretary · Since 03/03/2010

BRITISH

Mr James Phillip Walton

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

75–100% shares
75–100% votes

Brent Works, Pitman Road, Doncaster, DN12 4LJ

Reg: 05688729 · England & Wales · Limited Company

Notified 06/04/2016

Mr James Phillip Walton

Appoint directors

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

charge
outstanding

CLYDESDALE BANK PLC

Created 01/03/2010Registered 05/03/2010
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 08/08/2008Registered 13/08/2008Satisfied 30/03/2010

CompanyRankvs 4237+ SIC 49410 peers
63

Financial strength89th percentile among SIC peers · 22/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 2.24× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees1/15 pts

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

Liquidity20/20 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 31/03/2025

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

0avg. employees-4

Balance Sheet

Assets less current liabilities£91k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.24-£49k
2024-£59k
20234.55+£8k
20222.43-£83k
20211.77-£140k
20206.73-£70k

Derived from filed accounts. Not audited figures.