Reading Heating Solutions Limited
10808512
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/06/2017
HEATING ENGINEER
ENGLISH · ENGLAND · Age 32
Also on 1 other board
Persons with Significant Control
Mr Joseph Ling
English · England · Age 32
Office 8 Chiltern Chambers, 37 St. Peters Avenue, Reading, RG4 7DH
Notified 07/06/2017
CompanyRankvs 1935+ SIC 43220 peers81
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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 31/05/2024
Net Worth
£140k
Balance sheet strength
Cash
£84k
Cash in the bank
Net Current Assets
£136k
Working capital
Current Assets
£195k
Current Liabilities
£59k
Fixed Assets
£5k
Debtors
£111k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 3.30 | -£24k | — |
| 2023 | 3.52 | +£71k | — |
| 2022 | 3.57 | +£59k | £89k |
| 2021 | 2.27 | +£6k | £191k |
| 2020 | 26.45 | -£1k | £100k |
| 2019 | 3.66 | — | — |
Derived from filed accounts. Not audited figures.