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Readrly Ltd

14127589

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

7 BELL YARD, LONDON, WC2A 2JR
Incorporated 24/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Oluwole Olaoluwa Fagbohun

director · Since 24/05/2022

DIRECTOR

NIGERIAN · ENGLAND · Age 39

Mr Adetokunbo Ayodele Onipinla-Alara

director · Since 27/11/2023

BUSINESS PERSON

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Oluwole Olaoluwa Fagbohun

75–100% shares
75–100% votes
Appoint directors

Nigerian · England · Age 39

7, Bell Yard, London, WC2A 2JR

Notified 24/05/2022

Former PSCs

Charles Robert David Terry

Ceased 09/11/2022

James Anthony Copeman

Ceased 07/11/2022

CompanyRankvs 2320+ SIC 62011 peers
52

Financial strength90th percentile among SIC peers · 23/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.09× · 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 strength23/25 pts

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

Employees8/15 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 31/05/2025

Net Worth

£124k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£2k

Current Liabilities

£23k

1avg. employees

Balance Sheet

Assets less current liabilities£21k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£6k
20240.10+£33k
20230.34

Derived from filed accounts. Not audited figures.