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Readability5 Ltd

13217142

active
ltd
england wales
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)
  • Current liabilities exceed current assets (-10)

Details

Barttelot Court, Barttelot Road,, Horsham,, RH12 1DQ
Incorporated 22/02/2021

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 08/06/2026

Due 22/06/2027

On track

Industry

85590
Other education

Officers

Mr Maximilian Gregory Couch

director · Since 22/02/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Mr Karl Higbee

director · Since 22/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 6 other boards

Maximilian Gregory Couch

director · Since 22/02/2021

British · United Kingdom · Age 67

Karl Higbee

director · Since 22/02/2021

British · England · Age 43

Persons with Significant Control

Mr Karl Higbee

25–50% shares

British · England · Age 43

Barttelot Court, Barttelot Road,, Horsham,, RH12 1DQ

Notified 22/02/2021

Mr Maximilian Gregory Couch

25–50% shares

British · United Kingdom · Age 67

Barttelot Court, Barttelot Road,, Horsham,, RH12 1DQ

Notified 22/02/2021

Mr Kurt Jonathan Lyall

25–50% shares
25–50% votes

British · England · Age 54

Barttelot Court, Barttelot Road,, Horsham,, RH12 1DQ

Notified 04/03/2021

Change History

status → active
2026-08-06

Active

type → ltd
2026-08-06

Private Limited Company

address line1 → Barttelot Court
2026-08-06

BARTTELOT COURT

post town → Horsham,
2026-08-06

HORSHAM,

officer appointed → COUCH, Maximilian Gregory
2026-08-06
officer appointed → HIGBEE, Karl
2026-08-06

CompanyRankvs 10034+ SIC 85590 peers
62

Financial strength76th percentile among SIC peers · 19/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.47× · 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 strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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 28/02/2025

Net Worth

£13k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£10k

Current Liabilities

£3k

Fixed Assets

£6k

Debtors

£8k

0avg. employees-2

Tax at Year End

Corp tax£941

Balance Sheet

Intangible assets£5k
Assets less current liabilities£13k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.47+£750
20242.15-£2k
20232.47—

Derived from filed accounts. Not audited figures.