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Reading Sa Ltd

11847214

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

LAKE HOUSE 2 PORT WAY, PORTSMOUTH, PO6 4TY
Incorporated 26/02/2019

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 18/03/2026

Due 01/04/2027

On track

Industry

55209
Other holiday and short-stay accommodation

Officers

Mr Mark Robert Bennett

director · Since 26/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 6 other boards

Mr Alex Glass

director · Since 26/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Charges2 outstanding

Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 22/03/2019Registered 28/03/2019
Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 21/03/2019Registered 26/03/2019

CompanyRankvs 5688+ SIC 55209 peers
27

Financial strength7th percentile among SIC peers · 2/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 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.

Longevity7/15 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 29/02/2024

Net Worth

-£58k

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

-£117k

Working capital

Current Assets

£56k

Current Liabilities

£173k

Fixed Assets

£98k

Debtors

£9k

2avg. employees

Balance Sheet

Assets less current liabilities-£19k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32+£16k
20230.26-£9k
20220.32+£15k
20210.29+£23k
20200.16

Derived from filed accounts. Not audited figures.