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Read And Son Limited

08382571

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

9-11 STRATFORD ROAD, SOLIHULL, B90 3LU
Incorporated 31/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Andrew Martin Read

director · Since 31/01/2013

BUSINESS DEVELOPER

BRITISH · ENGLAND · Age 66

Persons with Significant Control

Mr Andrew Martin Read

75–100% shares
75–100% votes

British · England · Age 66

11, Stratford Road, Solihull, B90 3LU

Notified 06/04/2016

CompanyRankvs 33671+ SIC 43390 peers
25

Financial strength4th percentile among SIC peers · 1/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees4/15 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.

Longevity13/15 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/01/2025

Net Worth

-£47k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£53k

Working capital

Current Assets

£25k

Current Liabilities

£78k

Fixed Assets

£20k

Debtors

£90

1avg. employees-5

Tax at Year End(2024)

VAT£294

Director Loans

Company owes directors£70k

Balance Sheet

Assets less current liabilities-£33k
Signed by Mr A M Read 20 October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.32-£50k—
20241.06-£2k£6k
20231.44-£25k£6k
20222.38+£16k—
20214.16——

Derived from filed accounts. Not audited figures.