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Read Traffic Ltd

15419254

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

34 WINTON AVENUE, MANCHESTER, M34 5NS
Incorporated 17/01/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

63990
Other information service activities
96090
Other personal service activities

Officers

Mr Charlie Read

secretary · Since 17/01/2024

Mr Charlie Graham Read

director · Since 17/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 21

Also on 2 other boards

Mr Cameron Scanlon

director · Since 31/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 21

Persons with Significant Control

Mr Charlie Graham Read

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

British · England · Age 21

3, Waterleat Glade, Poulton-Le-Fylde, FY6 8FE

Notified 17/01/2024

Mr Cameron Scanlon

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

British · England · Age 21

17 St Peters Place, Fleetwood, FY7 6EB

Notified 31/03/2025

CompanyRankvs 3785+ SIC 63990 peers
67

Financial strength76th percentile among SIC peers · 19/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.83× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

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

Longevity2/15 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 31/12/2024

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£27k

Current Liabilities

£10k

Fixed Assets

£6k

2avg. employees

Balance Sheet

Assets less current liabilities£23k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20242.83

Derived from filed accounts. Not audited figures.