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READ LIMITED

Company TypePrivate Limited
Company Number00025334
Incorporated1887-11-15
IndustryManufacture of lifting and handling equipment

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Summary

READ LIMITED was formed on the 15th December 1887 (filed on the 30th September 2016) , and are based in Cleveland House, Norton Road. They are currently rated F and are considered to represent a below average risk score. Their credit score was last updated on 13th October 2016. Companies house classifies them as Full Accounts. This information was last updated on the 17th October 2016.

In 2015, they made a post-tax profit of £-351,000 (down 490% from 2014) .

There is 1 major shareholder listed for READ LIMITED with Kiplun Europe By owning the most shares by value.

Addresses

Registered address

Cleveland House
Norton Road
Stockton On Tees
Cleveland
TS20 2AQ

Trading address

CLEVELAND HOUSE
NORTON ROAD
STOCKTON ON TEES
CLEVELAND
TS20 2AQ

Financials

31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Cash - - - - -
Tangible net worth £-528,000 £-407,496 £-497,564 £-444,535 £-394,830
Current liabilities £23,324,000 £23,449,213 £24,006,573 £23,703,867 £25,430,695
Current assets £22,686,000 £25,113,947 £25,975,859 £26,149,507 £25,313,902
31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Solvency ratios
Current ratio 0.97 1.07 1.08 1.10 1.00
Efficiency ratios
Return on assets -0.01 0.00 -0.00 -0.00 -0.03
Return on capital employed -0.80 -0.08 -0.13 -0.10 -1.01
Gearing ratios
Debt to equity ratio 201.75 220.80 228.90 229.95 223.03
Equity ratio 0.01 0.00 0.00 0.00 0.00
Debt ratio 0.05 0.06 0.08 0.09 -
Other ratios
Debtor days - - - - -
Interest cover -2.91 -1.13 -1.81 -1.49 -6.60

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Details of 3 mortgages available.

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