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Wayne Read Building Services Limited

09253740

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

47 WINDERMERE ROAD, CARNFORTH, LA5 9AS
Incorporated 08/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mrs Lynne Read

director · Since 08/10/2014

SECRETARY

BRITISH · ENGLAND · Age 55

Mr Wayne Read

director · Since 08/10/2014

BUILDER

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr John Wayne Read

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

British · England · Age 56

47, Windermere Road, Carnforth, LA5 9AS

Notified 08/10/2016

CompanyRankvs 3363+ SIC 43390 peers
78

Financial strength89th percentile among SIC peers · 22/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 6.43× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees9/15 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.

Longevity12/15 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 31/10/2024

Net Worth

£126k

Balance sheet strength

Cash

£80k

Cash in the bank

Net Current Assets

£99k

Working capital

Current Assets

£117k

Current Liabilities

£18k

Fixed Assets

£34k

Debtors

£37k

2avg. employees

Tax at Year End(2023)

Corp tax£8k

Balance Sheet

Assets less current liabilities£133k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20246.43+£35k
20237.80+£32k
20222.81+£22k
20211.82

Derived from filed accounts. Not audited figures.