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READS PROPERTY DEVELOPMENTS LTD

Company TypePrivate Limited
Company Number01658774
Incorporated1982-08-17
IndustryLeasing of intellectual property and similar products, except copyright works
Websitewww.readsproperty.co.uk
Phone Number01379 650577
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

READS PROPERTY DEVELOPMENTS LTD was formed on the 17th August 1982 (filed on the 30th June 2016) , and are based in Unit 6, 15 Speedwell Way. They are currently rated B and are considered to represent an average risk score. Their credit score was last updated on 8th July 2016 when it was downgraded to the current B from A. Companies house classifies them as Full Accounts. This information was last updated on the 28th November 2016.

In 2015, they made a post-tax profit of £91,823 on a turnover of £1,114,648 (down 42% from 2014) .

There are 2 major shareholders listed for READS PROPERTY DEVELOPMENTS LTD with Carol Susan Read and Joe Read owning the most shares by value.

Addresses

Registered address

Hopper Way
Sandy Lane
Diss
Norfolk
IP22 4GT

Trading addresses

Unit 6
15 Speedwell Way
Harleston
IP20 9LJ
Unit 20b Hopper Way
Diss
Norfolk
IP22 4GT
1 more trading address not shown.

Financials

30th September 2015 30th September 2014 30th September 2013 30th September 2012 30th September 2011
Cash £85,175 £23,196 £38,761 £24,501 £43,628
Tangible net worth £9,615,773 £9,521,137 £8,570,022 £8,248,591 £8,532,666
Current liabilities £1,316,472 £798,652 £848,246 £1,150,166 £2,336,073
Current assets £876,439 £965,120 £1,147,685 £1,187,284 £1,055,858
30th September 2015 30th September 2014 30th September 2013 30th September 2012 30th September 2011
Solvency ratios
Current ratio 0.67 1.21 1.35 1.03 0.45
Efficiency ratios
Return on assets 0.01 0.01 0.03 0.03 0.04
Return on capital employed 0.01 0.02 0.04 0.04 0.04
Gearing ratios
Debt to equity ratio 416521.83 394403.50 406700.50 450885.50 468368.58
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.24 0.26 0.29 0.31 0.23
Other ratios
Debtor days - - - - -
Interest cover 1.03 2.20 1.24 2.93 2.72

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