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Reads Acquisitions Ltd

08383574

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

18 LANGTON PLACE, BURY ST EDMUNDS, IP33 1NE
Incorporated 31/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Joseph Read

director · Since 31/01/2013

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 5 other boards

Mrs Lynsey Gemma Read-Edwards

director · Since 31/01/2013

SECRETARY

BRITISH · ENGLAND · Age 42

Also on 1 other board

Mrs Louise Claire Read-Farrell

director · Since 31/01/2013

ACCOUNTS MANAGER

BRITISH · ENGLAND · Age 46

Also on 11 other boards

Mrs Carly Michelle Read-Musgrave

director · Since 31/01/2013

PROJECT MANAGER

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Joseph Read

50–75% shares
50–75% votes
Appoint directors

British · England · Age 70

Thorpe Abbotts Place, The Street, Thorpe Abbotts, IP21 4JB

Notified 06/04/2016

Mrs Louise Claire Read-Farrell

50–75% shares
50–75% votes
Appoint directors

British · England · Age 46

18, Langton Place, Bury St Edmunds, IP33 1NE

Notified 04/09/2025

Mrs Carly Michelle Read-Musgrave

75–100% shares
75–100% votes
Appoint directors

British · England · Age 39

18, Langton Place, Bury St Edmunds, IP33 1NE

Notified 04/09/2025

Former PSCs

Churchgate Trustees Limited

Ceased 07/10/2024

Mr Malcolm Eric Hobbs

Ceased 04/09/2025

Charges1 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 19/10/2018Registered 22/10/2018

CompanyRankvs 37746+ SIC 68100 peers
47

Financial strength97th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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37746Reads Acquisitions Ltd
57
How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£613

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£190k

Current Liabilities

£1.9M

Fixed Assets

£4.5M

Debtors

£190k

0avg. employees-4

Balance Sheet

Assets less current liabilities£2.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.10-£384k
20240.11+£295k
2023—+£213k
20220.07+£174k
20210.12+£659k
20200.09+£217k
20190.02—

Derived from filed accounts. Not audited figures.