a read limited
a read limited Company Information
Company Number
02406157
Next Accounts
Mar 2025
Directors
Shareholders
feltham (manchester) limited
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
the exchange 5 bank street, bury, BL9 0DN
Website
www.felthamgroup.coma read limited Estimated Valuation
Pomanda estimates the enterprise value of A READ LIMITED at £510.3k based on a Turnover of £122.6k and 4.16x industry multiple (adjusted for size and gross margin).
a read limited Estimated Valuation
Pomanda estimates the enterprise value of A READ LIMITED at £3m based on an EBITDA of £407.9k and a 7.38x industry multiple (adjusted for size and gross margin).
a read limited Estimated Valuation
Pomanda estimates the enterprise value of A READ LIMITED at £1.3m based on Net Assets of £698.2k and 1.8x industry multiple (adjusted for liquidity).
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A Read Limited Overview
A Read Limited is a live company located in bury, BL9 0DN with a Companies House number of 02406157. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in July 1989, it's largest shareholder is feltham (manchester) limited with a 100% stake. A Read Limited is a mature, micro sized company, Pomanda has estimated its turnover at £122.6k with low growth in recent years.
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A Read Limited Health Check
Pomanda's financial health check has awarded A Read Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £122.6k, make it smaller than the average company (£1.2m)
- A Read Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.6%)
- A Read Limited
2.6% - Industry AVG
Production
with a gross margin of 64.3%, this company has a comparable cost of product (64.3%)
- A Read Limited
64.3% - Industry AVG
Profitability
an operating margin of 332.7% make it more profitable than the average company (16.7%)
- A Read Limited
16.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - A Read Limited
6 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- A Read Limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £122.6k, this is less efficient (£162.1k)
- A Read Limited
£162.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- A Read Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (28 days)
- A Read Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- A Read Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - A Read Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.3%, this is a lower level of debt than the average (72%)
26.3% - A Read Limited
72% - Industry AVG
A READ LIMITED financials
A Read Limited's latest turnover from June 2023 is estimated at £122.6 thousand and the company has net assets of £698.2 thousand. According to their latest financial statements, A Read Limited has 1 employee and maintains cash reserves of £75 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 600,000 | 755,000 | 755,000 | 755,000 | 755,000 | 755,000 | 755,000 | 775,200 | 875,000 | 875,000 | 875,000 | 875,000 | 875,000 | 970,000 |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 600,000 | 755,000 | 755,000 | 755,000 | 755,000 | 755,000 | 755,000 | 775,200 | 875,000 | 875,000 | 875,000 | 875,000 | 875,000 | 970,000 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 27,650 | 24,250 | 24,250 | 18,250 | 6,000 | 7,500 | ||||||||
| Group Debtors | 39,427 | 47,800 | 47,800 | 57,300 | ||||||||||
| Misc Debtors | 347,764 | 48,718 | 48,174 | 48,341 | ||||||||||
| Cash | 75 | 9 | 2 | 3 | 11 | 90 | 7,768 | 66,126 | 39,368 | 23,042 | 8,356 | 14,136 | 11,007 | |
| misc current assets | ||||||||||||||
| total current assets | 347,839 | 48,727 | 48,176 | 48,344 | 39,438 | 47,800 | 47,890 | 65,068 | 93,776 | 63,618 | 47,292 | 26,606 | 20,136 | 18,507 |
| total assets | 947,839 | 803,727 | 803,176 | 803,344 | 794,438 | 802,800 | 802,890 | 840,268 | 968,776 | 938,618 | 922,292 | 901,606 | 895,136 | 988,507 |
| Bank overdraft | 126 | 404,596 | ||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 2,693 | 2,305 | 2,209 | 7,379 | 8,261 | 16,251 | 5,988 | 400 | 657,073 | 635,391 | 618,959 | 606,241 | 601,926 | 200,377 |
| Group/Directors Accounts | 480,839 | 513,918 | 164,866 | |||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 234,987 | 384,851 | 414,335 | 445,804 | 482,714 | 7,148 | 7,148 | |||||||
| total current liabilities | 237,680 | 387,156 | 416,544 | 453,183 | 490,975 | 504,364 | 527,054 | 569,862 | 657,073 | 635,391 | 618,959 | 606,241 | 601,926 | 200,377 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 404,596 | |||||||||||||
| provisions | 11,926 | 15,619 | 49,167 | 49,167 | 49,167 | |||||||||
| total long term liabilities | 11,926 | 15,619 | 49,167 | 49,167 | 49,167 | 404,596 | ||||||||
| total liabilities | 249,606 | 387,156 | 416,544 | 453,183 | 506,594 | 553,531 | 576,221 | 619,029 | 657,073 | 635,391 | 618,959 | 606,241 | 601,926 | 604,973 |
| net assets | 698,233 | 416,571 | 386,632 | 350,161 | 287,844 | 249,269 | 226,669 | 221,239 | 311,703 | 303,227 | 303,333 | 295,365 | 293,210 | 383,534 |
| total shareholders funds | 698,233 | 416,571 | 386,632 | 350,161 | 287,844 | 249,269 | 226,669 | 221,239 | 311,703 | 303,227 | 303,333 | 295,365 | 293,210 | 383,534 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | 299,046 | 544 | -167 | 8,914 | -8,373 | -9,500 | 29,650 | 3,400 | 6,000 | 12,250 | -1,500 | 7,500 | ||
| Creditors | 388 | 96 | -5,170 | -882 | -7,990 | 10,263 | 5,588 | -656,673 | 21,682 | 16,432 | 12,718 | 4,315 | 401,549 | 200,377 |
| Accruals and Deferred Income | -149,864 | -29,484 | -31,469 | -36,910 | 475,566 | 7,148 | ||||||||
| Deferred Taxes & Provisions | 11,926 | -15,619 | -33,548 | 49,167 | ||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -155,000 | -20,200 | -99,800 | -95,000 | 970,000 | |||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -480,839 | -33,079 | 349,052 | 164,866 | ||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -404,596 | 404,596 | ||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 66 | 7 | -1 | -8 | 11 | -90 | -7,678 | -58,358 | 26,758 | 16,326 | 14,686 | -5,780 | 3,129 | 11,007 |
| overdraft | -126 | 126 | -404,596 | 404,596 | ||||||||||
| change in cash | 66 | 7 | -1 | -8 | 137 | -216 | 396,918 | -462,954 | 26,758 | 16,326 | 14,686 | -5,780 | 3,129 | 11,007 |
a read limited Credit Report and Business Information
A Read Limited Competitor Analysis
Perform a competitor analysis for a read limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BL9 area or any other competitors across 12 key performance metrics.
a read limited Ownership
A READ LIMITED group structure
A Read Limited has 1 subsidiary company.
Ultimate parent company
2 parents
A READ LIMITED
02406157
1 subsidiary
a read limited directors
A Read Limited currently has 1 director, Mr David Feltham serving since Oct 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Feltham | England | 67 years | Oct 2010 | - | Director |
P&L
June 2023turnover
122.6k
+11%
operating profit
407.9k
0%
gross margin
64.3%
+1.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
698.2k
+0.68%
total assets
947.8k
+0.18%
cash
75
+7.33%
net assets
Total assets minus all liabilities
a read limited company details
company number
02406157
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
July 1989
age
36
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
DTE BUSINESS ADVISERS LIMITED
auditor
-
address
the exchange 5 bank street, bury, BL9 0DN
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
a read limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 12 charges/mortgages relating to a read limited. Currently there are 4 open charges and 8 have been satisfied in the past.
a read limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for A READ LIMITED. This can take several minutes, an email will notify you when this has completed.
a read limited Companies House Filings - See Documents
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