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Readco Properties Ltd

13884987

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

9-11 New Broadway, Ealing, London, W5 5AW
Incorporated 01/02/2022

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

30/12/2026

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Stuart Mark Read

director · Since 01/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Ms Jennifer Evelyn Read

director · Since 01/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Stuart Mark Read

director · Since 01/02/2022

British · United Kingdom · Age 45

Jennifer Evelyn Read

director · Since 01/11/2022

British · England · Age 47

Persons with Significant Control

Mr Stuart Mark Read

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 45

9-11, New Broadway, London, W5 5AW

Notified 01/02/2022

Former PSCs

Ms Jennifer Evelyn Read

Ceased 01/11/2022

Mrs Jennifer Evelyn Read

Ceased 01/11/2022

Charges1 outstanding

Charge
outstanding

CUMBERLAND BUILDING SOCIETY

Created 18/05/2023Registered 19/05/2023

Change History

status → active
2026-07-30

Active

type → ltd
2026-07-30

Private Limited Company

address line1 → 9-11 New Broadway
2026-07-30

9-11 NEW BROADWAY

post town → London
2026-07-30

LONDON

officer appointed → READ, Jennifer Evelyn
2026-07-30
officer appointed → READ, Stuart Mark
2026-07-30

CompanyRankvs 229432+ SIC 68209 peers
25

Financial strength2th percentile among SIC peers · 1/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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229432Readco Properties Ltd
34
How is this score calculated?
Financial strength1/25 pts

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

Employees12/15 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.

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 31/03/2025

Net Worth

-£158k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£374

Current Liabilities

£2k

Fixed Assets

£723k

2avg. employees

Balance Sheet

Assets less current liabilities£722k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.16+£0
20250.16+£42k
20240.04-£199k

Derived from filed accounts. Not audited figures.