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Read & Read Trading Limited

07467595

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FACTORY 3 GLOVERS MEADOW, OSWESTRY, SY10 8NH
Incorporated 13/12/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mrs Chloe Read

director · Since 13/12/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 3 other boards

Mr James Nisbet Read

director · Since 13/12/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 4 other boards

Persons with Significant Control

Mrs Chloe Read

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
25–50% votes
voting-rights-25-to-50-percent-as-trust

British · United Kingdom · Age 53

Factory 3, Glovers Meadow, Oswestry, SY10 8NH

Notified 06/04/2016

Mr James Nisbet Read

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
25–50% votes
voting-rights-25-to-50-percent-as-trust

British · United Kingdom · Age 57

Factory 3, Glovers Meadow, Oswestry, SY10 8NH

Notified 06/04/2016

CompanyRankvs 1959+ SIC 70100 peers
75

Financial strength91th percentile among SIC peers · 23/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 5.77× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1959Read & Read Trading Limited
75
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.

Employees2/15 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.

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

£4.2M

Balance sheet strength

Cash

£3.7M

Cash in the bank

Net Current Assets

£3.3M

Working capital

Current Assets

£4.0M

Current Liabilities

£692k

Fixed Assets

£854k

Debtors

£327k

0avg. employees

Balance Sheet

Assets less current liabilities£4.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20255.77-£493k
202488.23+£760k
2023141.42+£341k
2022146.34-£72k
2021627.24-£72k
2020148.46-£9k
2019151.45—

Derived from filed accounts. Not audited figures.