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Readman Fabrications Limited

08281189

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

5 HENSON CLOSE, BISHOP AUCKLAND, DL14 6WA
Incorporated 05/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Graham Readman

director · Since 05/11/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Mrs Angela Readman

director · Since 16/10/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Mr Graham Readman

50–75% shares

British · England · Age 57

21, Stansted Grove, Darlington, DL2 1UU

Notified 06/04/2016

Former PSCs

Mr James Readman

Ceased 12/11/2018

CompanyRankvs 3135+ SIC 25990 peers
65

Financial strength57th percentile among SIC peers · 14/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.6× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees6/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/10/2025

Net Worth

£65k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£58k

Current Liabilities

£36k

Fixed Assets

£43k

2avg. employees

Balance Sheet

Assets less current liabilities£65k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.60-£147k
20245.91+£69k
20233.56

Derived from filed accounts. Not audited figures.