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Read Of Bowness Ltd

12910862

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

2 POST OFFICE, BOWNESS ON WINDERMER, LA23 3DY
Incorporated 28/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores
47610
Retail sale of books in specialised stores
47620
Retail sale of newspapers and stationery in specialised stores
53100
Postal activities under universal service obligation

Officers

Mrs Nicola Read

director · Since 28/09/2020

DATA ENTRY

BRITISH · UNITED KINGDOM · Age 62

Mr Stuart Read

director · Since 28/09/2020

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 62

Persons with Significant Control

Mrs Nicola Read

25–50% shares
25–50% votes

British · United Kingdom · Age 62

15a, Woodcote Road, Southampton, SO17 3TA

Notified 28/09/2020

Mr Stuart Read

25–50% shares
25–50% votes

British · United Kingdom · Age 62

15a, Woodcote Road, Southampton, SO17 3TA

Notified 28/09/2020

CompanyRankvs 7243+ SIC 47190 peers
58

Financial strength23th percentile among SIC peers · 6/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.66× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength6/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 30/09/2024

Net Worth

£0

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£21k

Current Liabilities

£4k

Fixed Assets

£3k

3avg. employees

Balance Sheet

Assets less current liabilities£20k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20245.66
202310.14

Derived from filed accounts. Not audited figures.