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Ast Reading Ltd

12298605

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)
  • Negative net worth (-10)

Details

UNIT 8 ROBERT CORT INDUSTRIAL ESTATE, READING, RG2 0AU
Incorporated 05/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation
46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Mr Abendra Naidoo

director · Since 22/08/2023

BUSINESS EXECUTIVE

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Abendra Naidoo

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

British · England · Age 56

Unit 8 Robert Cort Industrial Estate, Britten Road, Reading, RG2 0AU

Notified 22/08/2023

CompanyRankvs 34317+ SIC 43220 peers
29

Financial strength6th percentile among SIC peers · 2/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£135k

Working capital

Current Assets

£4k

Current Liabilities

£150k

Fixed Assets

£124k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£11k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£27k
20231.89-£3k
20222.65-£6k
20212.93-£2k
20202.34

Derived from filed accounts. Not audited figures.