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Legal Ready Limited

13400758

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 16/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing

Officers

Mr Stephen John Foley

director · Since 16/05/2021

COMPUTER CONSULTANT

AUSTRALIAN · AUSTRALIA · Age 68

Mr Michael Brian Washburn

director · Since 24/04/2026

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Persons with Significant Control

Mr Stephen John Foley

Significant control

Australian · Australia · Age 68

71-75, Shelton Street, London, WC2H 9JQ

Notified 16/05/2021

Legal Ready Pty Ltd

75–100% shares
75–100% votes

Charter Buildings, Ashton Lane, Sale, M33 6WT

Notified 16/05/2021

CompanyRankvs 7344+ SIC 58290 peers
27

Financial strength6th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.25× · 2/20
Longevity5 years trading (max 15) · 5/15
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.

Longevity5/15 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 31/05/2025

Net Worth

-£57k

Balance sheet strength

Cash

£4k

Cash in the bank

Profit Before Tax

£2k

Bottom line earnings

Net Current Assets

-£19k

Working capital

Current Assets

£6k

Current Liabilities

£26k

Debtors

£3k

Gross Profit

£1k

Admin Expenses

-£795

Operating Profit

£2k

Profit After Tax

£2k

0avg. employees

Balance Sheet

Assets less current liabilities-£19k
Signed by 1.6.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.25+£2k
20240.01-£119k
2023+£120k

Derived from filed accounts. Not audited figures.