Readale Ltd
08862611
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/06/2021
DIRECTOR
BRITISH · UNITED KINGDOM · Age 37
Also on 1 other board
secretary · Since 01/04/2024
Persons with Significant Control
Mrs Hadassah Deutsch
British · United Kingdom · Age 37
5, Saw Mill Way, London, N16 6AN
Notified 06/04/2016
CompanyRankvs 30092+ SIC 74909 peers52
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2023
Net Worth
-£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£4k
Working capital
Current Assets
£15k
Current Liabilities
£11k
Fixed Assets
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 1.40 | — |
| 2022 | 1.64 | — |
| 2020 | 1.66 | — |
| 2019 | 3.20 | +£17k |
| 2018 | -4.10 | — |
Derived from filed accounts. Not audited figures.