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Diss Telecom Limited

14059979

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

READS PROPERTY DEVELOPMENT, UNIT 20B, DISS, IP22 4GT
Incorporated 21/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61100
Wired telecommunications activities
61200
Wireless telecommunications activities
61900
Other telecommunications activities

Officers

Mrs Carly Michelle Read-Musgrave

director · Since 21/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 7 other boards

Mrs Louise Claire Read-Farrell

director · Since 06/05/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 11 other boards

Persons with Significant Control

Mrs Carly Michelle Read

25–50% shares
25–50% votes

British · United Kingdom · Age 39

Reads Property Development, Unit 20b, Hopper Way, Diss, IP22 4GT

Notified 21/04/2022

Former PSCs

Mr Paul Leonard Downing

Ceased 06/05/2025

CompanyRankvs 2635+ SIC 61100 peers
34

Financial strength14th percentile among SIC peers · 4/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees9/15 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.

Longevity4/15 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 30/04/2025

Net Worth

-£351

Balance sheet strength

Cash

£199

Cash in the bank

Net Current Assets

-£351

Working capital

Current Assets

£201

Current Liabilities

£453

Debtors

£2

2avg. employees

Balance Sheet

Assets less current liabilities-£351

EstimatesDerived

YearCurrent Ratio
20250.44
20240.83
20230.92

Derived from filed accounts. Not audited figures.