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 April 1887 (filed on the 29th September 2017) , and are based in Cleveland House, Norton Road. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2016, they made a post-tax profit of £-463,000 (up 32% from 2015) .

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 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash - - - - -
Tangible net worth £-547,000 £-528,000 £-407,496 £-497,564 £-444,535
Current liabilities £24,864,000 £23,324,000 £23,449,213 £24,006,573 £23,703,867
Current assets £22,875,000 £22,686,000 £25,113,947 £25,975,859 £26,149,507
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 0.92 0.97 1.07 1.08 1.10
Efficiency ratios
Return on assets -0.02 -0.01 0.00 -0.00 -0.00
Return on capital employed 1.65 -0.80 -0.08 -0.13 -0.10
Gearing ratios
Debt to equity ratio 203.80 201.75 220.80 228.90 229.95
Equity ratio 0.01 0.01 0.00 0.00 0.00
Debt ratio - 0.05 0.06 0.08 0.09
Other ratios
Debtor days - - - - -
Interest cover -5.16 -2.91 -1.13 -1.81 -1.49

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Details of 3 mortgages available.

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Documents

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