Back to search

Reading Property Limited

11641995

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

9 MANOR PARADE, LONDON, N16 5SG
Incorporated 25/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Abraham Grunhut

director · Since 25/10/2018

PROPERTY INVESTOR

BRITISH · ENGLAND · Age 52

Also on 25 other boards

Persons with Significant Control

Reading Estates Ltd

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

9 Manor Parade, Manor Road, London, N16 5SG

Reg: 11326382 · Companies House · Limited

Notified 25/10/2018

Charges4 outstanding

Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 30/09/2021Registered 10/10/2021
Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 08/05/2019Registered 13/05/2019
Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 08/05/2019Registered 13/05/2019
Charge
outstanding

ARTEMIS HOLDINGS INTERNATIONAL LIMITED

Created 29/11/2018Registered 04/12/2018

CompanyRankvs 264480+ SIC 68209 peers
19

Financial strength4th percentile among SIC peers · 1/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength1/25 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.

Longevity8/15 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 31/10/2023

Net Worth

-£67k

Balance sheet strength

Cash

£984

Cash in the bank

Net Current Assets

-£138k

Working capital

Current Assets

£48k

Current Liabilities

£186k

Debtors

£47k

Profit After Tax

-£29k

0avg. employees

Balance Sheet

Bank loans & overdrafts£198k
Assets less current liabilities£162k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.26-£29k
20220.33-£11k
20210.38
20200.35
20190.36

Derived from filed accounts. Not audited figures.