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Read Farming Ltd

10002840

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

SOUTH BUILDING UPPER FARM, BASINGSTOKE, RG23 8PE
Incorporated 12/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01500
Mixed farming
93199
Other amusement and recreation activities

Officers

Mary Read

director · Since 12/02/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 88

Also on 1 other board

Peter Read

director · Since 12/02/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 63

Mrs Georgina Katherine Stewart-Read

director · Since 27/03/2026

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Peter Read

50–75% shares
50–75% votes

British · England · Age 63

South Building, Upper Farm, Basingstoke, RG23 8PE

Notified 06/04/2016

Mrs Mary Read

25–50% shares
25–50% votes

British · England · Age 88

South Building, Upper Farm, Basingstoke, RG23 8PE

Notified 06/06/2019

Former PSCs

Mr William Percy Vertel Read

Ceased 28/12/2023

CompanyRankvs 2328+ SIC 01500 peers
58

Financial strength78th percentile among SIC peers · 20/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees11/15 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.

Longevity10/15 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 30/04/2025

Net Worth

£550k

Balance sheet strength

Cash

£185k

Cash in the bank

Net Current Assets

-£589k

Working capital

Current Assets

£351k

Current Liabilities

£940k

Fixed Assets

£595k

Debtors

£790

3avg. employees

Balance Sheet

Assets less current liabilities£6k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.37+£0
20240.37+£0
20230.51+£0
20220.76+£0
20210.93

Derived from filed accounts. Not audited figures.