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Readers Yard 2023 Ltd

14682351

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

1 SOPWITH CRESCENT, WICKFORD, SS11 8YU
Incorporated 22/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Darren John Mills

director · Since 16/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 11 other boards

Persons with Significant Control

Mr Darren John Mills

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

British · England · Age 58

10a Noaks Industrial Estate, New Road, Rainham, RM13 9EB

Notified 28/08/2025

Former PSCs

Mmd Developments Ltd

Ceased 03/04/2023

Mr Darren John Mills

Ceased 15/01/2024

Drurycourt Limited

Ceased 19/01/2024

Mmd Developments Limited

Ceased 19/01/2024

Drury Court Limited

Ceased 28/08/2025

Mmd Developments Ltd

Ceased 26/01/2025

Mr Darren John Mills

Ceased 19/01/2024

Timberman's 2023 Ltd

Ceased 05/02/2025

Mmd Developments ( Essex ) Ltd

Ceased 21/07/2025

M Morris Developments Limited

Ceased 31/03/2025

Mr Darren John Mills

Ceased 25/07/2025

Mmd Developments Ltd

Ceased 28/08/2025

Charges2 outstanding

Charge
outstanding

WEST ONE SECURED LOANS LIMITED

Created 24/10/2025Registered 24/10/2025
Charge
outstanding

BIRMINGHAM BANK LIMITED

Created 17/10/2025Registered 20/10/2025
Charge
satisfied

LENDINVEST SECURITY TRUSTEES LIMITED

Created 01/11/2024Registered 11/11/2024Satisfied 31/10/2025
Charge
satisfied

LENDINVEST SECURITY TRUSTEES LIMITED

Created 01/11/2024Registered 11/11/2024Satisfied 31/10/2025

CompanyRankvs 87413+ SIC 68100 peers
33

Financial strength41th percentile among SIC peers · 10/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 28/02/2025

Net Worth

£100

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£100

Working capital

Current Assets

£1.2M

Current Liabilities

£1.2M

Debtors

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£100
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.00
20241.00

Derived from filed accounts. Not audited figures.