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Read Metal And Clearance Ltd

14418067

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

29 KNOCKHALL CHASE, GREENHITHE, DA9 9EW
Incorporated 13/10/2022

Compliance

Last accounts

31/10/2025

micro entity

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

38110
Collection of non-hazardous waste
38320
Recovery of sorted materials

Officers

Miss Emma Lockett

secretary · Since 13/10/2022

Mr Andrew Read

director · Since 13/10/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr Andrew Read

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

British · United Kingdom · Age 40

29, Knockhall Chase, Greenhithe, DA9 9EW

Notified 13/10/2022

CompanyRankvs 3902+ SIC 38110 peers
29

Financial strength10th percentile among SIC peers · 3/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.05× · 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 strength3/25 pts

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

Employees5/15 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 31/10/2025

Net Worth

-£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£846

Current Liabilities

£17k

Fixed Assets

£6k

1avg. employees-2

Balance Sheet

Assets less current liabilities-£11k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05-£16k
20240.43+£180

Derived from filed accounts. Not audited figures.