Readyrads Limited

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readyrads limited Company Information

Live

Mature

Company Number

02704183

Website

www.readyrads.co.uk

Registered Address

106-112 emily street, birmingham, B12 0SL

Industry

Retail trade of motor vehicle parts and accessories

Wholesale trade of motor vehicle parts and accessories

Telephone

01214462669

Next Accounts Due

January 2025

Group Structure

View All

Directors

Ishtiaq Rehman11 Years

Shareholders

atozautoparts midlands ltd 100%

readyrads limited Estimated Valuation

£0 - £5k

The estimated valuation range for readyrads limited, derived from financial data as of April 2023 and the most recent industry multiples, is between £0 to £5k

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Readyrads Limited is a live company located in birmingham, B12 0SL with a Companies House number of 02704183. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in April 1992, it's largest shareholder is atozautoparts midlands ltd with a 100% stake. Readyrads Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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There is insufficient data available for this Key Performance Indicator!

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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READYRADS LIMITED group structure

Readyrads Limited has no subsidiary companies.

Ultimate parent company

A TO Z AUTOPARTS (MIDLANDS) LTD

05210705

1 parent

READYRADS LIMITED

02704183

READYRADS LIMITED Shareholders

atozautoparts midlands ltd

100%

Readyrads Limited currently has 1 director, Mr Ishtiaq Rehman serving since Aug 2012.

officer	country	age	start	end	role
Mr Ishtiaq Rehman	England	55 years	Aug 2012	-	Director

EXPORT

Readyrads Limited's latest turnover from April 2023 is estimated at 0 and the company has net assets of £2 thousand. According to their latest financial statements, we estimate that Readyrads Limited has no employees and maintains cash reserves of £2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Mar 2011	Mar 2010
Turnover	0	0	39,103	59,299	38,459	63,438	79,167	36,029	116,439	147,173	0	70,891	122,643	95,050
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	0	0	32,647	48,993	30,827	51,364	63,838	29,469	94,760	123,523	0	56,565	97,882	75,571
Gross Profit	0	0	6,456	10,306	7,632	12,074	15,329	6,560	21,679	23,650	0	14,326	24,761	19,478
Admin Expenses	85	-169,755	28,268	42,086	57,930	28,444	33,840	-10,545	-6,689	32,527	29,894	29,681	59,855	-54,948
Operating Profit	-85	169,755	-21,812	-31,780	-50,298	-16,370	-18,511	17,105	28,368	-8,877	-29,894	-15,355	-35,094	74,426
Interest Payable	0	0	0	0	0	0	57	59	0	0	0	0	0	0
Interest Receivable	85	12	1	5	63	34	7	34	52	43	51	78	177	125
Pre-Tax Profit	0	169,767	-21,811	-31,775	-50,235	-16,336	-18,560	17,080	28,420	-8,834	-29,843	-15,277	-34,917	74,551
Tax	0	-32,256	0	0	0	0	0	-3,416	-5,684	0	0	0	0	-20,874
Profit After Tax	0	137,511	-21,811	-31,775	-50,235	-16,336	-18,560	13,664	22,736	-8,834	-29,843	-15,277	-34,917	53,677
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	0	137,511	-21,811	-31,775	-50,235	-16,336	-18,560	13,664	22,736	-8,834	-29,843	-15,277	-34,917	53,677
Employee Costs	0	0	28,647	29,776	28,412	27,702	26,402	26,435	26,059	26,145	0	24,823	25,109	24,469
Number Of Employees	0	0	1	1	1	1	1	1	1	1	0	1	1	1
EBITDA*	-85	169,755	-21,812	-31,780	-50,298	-16,370	-18,135	17,481	28,744	-8,576	-29,518	-14,835	-33,679	76,392

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Mar 2011	Mar 2010
Tangible Assets	0	0	0	0	0	0	74	450	826	1,202	1,503	1,879	4,139	6,743
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	23,764	0	0	0
Total Fixed Assets	0	0	0	0	0	0	74	450	826	1,202	25,267	1,879	4,139	6,743
Stock & work in progress	0	0	4,000	14,500	21,000	20,996	18,893	12,545	18,000	0	0	250	6,989	9,124
Trade Debtors	0	0	14,031	15,750	8,462	22,137	19,014	0	20,089	20,427	0	20,148	35,245	26,441
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	19,169	0	0	0	0	0	0
Cash	2,000	2,000	1,221	1,507	9,004	7,698	5,706	0	13,565	7,116	9,891	10,469	20,784	50,049
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	2,000	2,000	19,252	31,757	38,466	50,831	43,613	31,714	51,654	27,543	9,891	30,867	63,018	85,614
total assets	2,000	2,000	19,252	31,757	38,466	50,831	43,687	32,164	52,480	28,745	35,158	32,746	67,157	92,357
Bank overdraft	0	0	0	0	0	0	0	1,808	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	0	0	9,990	14,310	9,649	6,327	30,278	15,010	62,938	61,939	0	27,263	46,397	0
Group/Directors Accounts	0	0	0	0	0	0	0	8,362	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	144,773	131,147	110,742	76,194	28,763	3,778	0	0	0	0	0	36,680
total current liabilities	0	0	154,763	145,457	120,391	82,521	59,041	28,958	62,938	61,939	0	27,263	46,397	36,680
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	59,518	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	0	59,518	0	0	0
total liabilities	0	0	154,763	145,457	120,391	82,521	59,041	28,958	62,938	61,939	59,518	27,263	46,397	36,680
net assets	2,000	2,000	-135,511	-113,700	-81,925	-31,690	-15,354	3,206	-10,458	-33,194	-24,360	5,483	20,760	55,677
total shareholders funds	2,000	2,000	-135,511	-113,700	-81,925	-31,690	-15,354	3,206	-10,458	-33,194	-24,360	5,483	20,760	55,677

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-85	169,755	-21,812	-31,780	-50,298	-16,370	-18,511	17,105	28,368	-8,877	-29,894	-15,355	-35,094	74,426
Depreciation	0	0	0	0	0	0	376	376	376	301	376	520	1,415	1,966
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-32,256	0	0	0	0	0	-3,416	-5,684	0	0	0	0	-20,874
Stock	0	-4,000	-10,500	-6,500	4	2,103	6,348	-5,455	18,000	0	-250	-6,739	-2,135	9,124
Debtors	0	-14,031	-1,719	7,288	-13,675	3,123	-155	-920	-338	-3,337	3,616	-15,097	8,804	26,441
Creditors	0	-9,990	-4,320	4,661	3,322	-23,951	15,268	-47,928	999	61,939	-27,263	-19,134	46,397	0
Accruals and Deferred Income	0	-144,773	13,626	20,405	34,548	47,431	24,985	3,778	0	0	0	0	-36,680	36,680
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-85	767	-287	-7,502	1,243	1,884	15,925	-23,710	6,397	56,700	-60,147	-12,133	-30,631	56,633
Investing Activities
capital expenditure	0	0	0	0	0	74	0	0	0	0	0	1,740	1,189	-8,709
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	74	0	0	0	0	0	1,740	1,189	-8,709
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	-8,362	8,362	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	-59,518	59,518	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	2,000
interest	85	12	1	5	63	34	-50	-25	52	43	51	78	177	125
cash flow from financing	85	12	1	5	63	34	-8,412	8,337	52	-59,475	59,569	78	177	2,125
cash and cash equivalents
cash	0	779	-286	-7,497	1,306	1,992	5,706	-13,565	6,449	-2,775	-578	-10,315	-29,265	50,049
overdraft	0	0	0	0	0	0	-1,808	1,808	0	0	0	0	0	0
change in cash	0	779	-286	-7,497	1,306	1,992	7,514	-15,373	6,449	-2,775	-578	-10,315	-29,265	50,049

P&L

April 2023

turnover

operating profit

-85

gross margin

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2023

net assets

total assets

cash

net assets

Total assets minus all liabilities

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company number

02704183

Type

Private limited with Share Capital

industry

45320 - Retail trade of motor vehicle parts and accessories

45310 - Wholesale trade of motor vehicle parts and accessories

incorporation date

April 1992

age

accounts

Dormant

ultimate parent company

A TO Z AUTOPARTS (MIDLANDS) LTD

previous names

N/A

incorporated

address

106-112 emily street, birmingham, B12 0SL

last accounts submitted

April 2023

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.

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readyrads limited Company Information

readyrads limited Estimated Valuation

readyrads limited Estimated Valuation

readyrads limited Estimated Valuation

Readyrads Limited AI Business Plan

Readyrads Limited Overview

Readyrads Limited Health Check

readyrads limited Credit Report and Business Information

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readyrads limited Ownership

readyrads limited directors

READYRADS LIMITED financials

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