K.w. Reader & Sons Limited

POWER SEARCH PRICING

SOLUTIONS

k.w. reader & sons limited Company Information

Company Number

02709454

Next Accounts

Jan 2026

Directors

Kenneth Reader

Gillian Reader

Shareholders

kenneth william reader

kenneth alan reader

View All

Group Structure

View All

Industry

Retail sale of beverages in specialised stores

Registered Address

the dunes, sea road, south shields, tyne & wear, NE33 2LD

Website

http://dunesadventureisland.co.uk

k.w. reader & sons limited Estimated Valuation

£6.4m

Pomanda estimates the enterprise value of K.W. READER & SONS LIMITED at £6.4m based on Net Assets of £2.8m and 2.3x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

K.w. Reader & Sons Limited is a live company located in south shields, NE33 2LD with a Companies House number of 02709454. It operates in the retail sale of beverages in specialised stores sector, SIC Code 47250. Founded in April 1992, it's largest shareholder is kenneth william reader with a 88% stake. K.w. Reader & Sons Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded K.W. Reader & Sons Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

4 Regular

5 Weak

Size

annual sales of £1.6m, make it smaller than the average company (£5m)

Growth

3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (18.7%)

EXPORT

K.W. Reader & Sons Limited's latest turnover from April 2024 is estimated at £1.6 million and the company has net assets of £2.8 million. According to their latest financial statements, K.W. Reader & Sons Limited has 49 employees and maintains cash reserves of £201.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	1,640,139	1,336,515	1,002,943	555,336	1,978,088	2,214,089	2,307,360	2,344,423	2,396,978	2,342,485	2,203,173	2,021,851	2,115,336	2,289,682	2,383,468
Other Income Or Grants
Cost Of Sales	685,789	519,915	387,888	210,192	519,394	600,565	665,431	665,700	674,408	752,657	960,734	613,182	594,389	685,287	666,877
Gross Profit	954,350	816,600	615,055	345,144	1,458,694	1,613,524	1,641,929	1,678,723	1,722,570	1,589,828	1,242,440	1,408,669	1,520,947	1,604,395	1,716,591
Admin Expenses	569,149	112,394	-213,931	204,741	1,299,497	1,423,063	1,440,074	1,405,862	1,429,480	1,326,095	965,568	1,168,912	826,518	1,383,447	1,648,569
Operating Profit	385,201	704,206	828,986	140,403	159,197	190,461	201,855	272,861	293,090	263,733	276,872	239,757	694,429	220,948	68,022
Interest Payable	203,114	204,765	152,008	148,666	111,674	120,395	128,403	165,476	166,872	139,877	169,482	206,903	253,583	270,809	215,185
Interest Receivable	14,673	11,525	880	37											86
Pre-Tax Profit	196,760	510,965	677,859	-8,226	47,523	70,066	73,452	107,385	126,218	123,856	107,390	32,854	440,846	-49,861	-147,077
Tax	-49,190	-127,741	-128,793		-8,535	-14,053	-13,397	-8,945	-25,297	-24,772	-22,323	-7,727	-105,248	5,476	49,421
Profit After Tax	147,570	383,224	549,066	-8,226	38,988	56,013	60,055	98,440	100,921	99,084	85,067	25,127	335,598	-44,385	-97,656
Dividends Paid					4,000	4,000	10,000	10,000
Retained Profit	147,570	383,224	549,066	-8,226	34,988	52,013	50,055	88,440	100,921	99,084	85,067	25,127	335,598	-44,385	-97,656
Employee Costs	1,064,659	941,850	868,229	673,883	688,880	687,601	685,839	734,269	694,799	631,867	540,430	538,714	535,226	663,781	912,725
Number Of Employees	49	48	48	35	35	69	65	65	66	62	55	55	54	68	71
EBITDA*	610,008	929,013	968,175	268,480	300,761	339,943	363,205	454,309	476,518	449,002	470,524	513,139	990,818	523,681	379,905

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	5,403,425	5,271,410	5,323,663	4,942,542	5,049,533	4,843,223	4,928,104	5,296,634	5,444,990	5,376,684	5,531,930	5,499,641	5,749,318	6,459,834	6,592,985
Intangible Assets												2,050	4,100	6,150	8,200
Investments & Other	1	1	1	1	1	1	1	1	146,635	146,635	146,635
Debtors (Due After 1 year)
Total Fixed Assets	5,403,426	5,271,411	5,323,664	4,942,543	5,049,534	4,843,224	4,928,105	5,296,635	5,591,625	5,523,319	5,678,565	5,501,691	5,753,418	6,465,984	6,601,185
Stock & work in progress	41,264	36,616	37,347	25,789	33,712	39,162	39,385	41,432	44,250	38,029	37,600	39,796	46,000	46,967	48,088
Trade Debtors	48,612	45,708	5,815	14,823	4,802	68,511	35,313	40,215	28,678	38,225	97,329	211,260	64,071	50,927	83,836
Group Debtors
Misc Debtors	56,374	62,300	39,943	41,605	34,518	48,456	41,956	52,616	58,927	62,601	137,485		415,420	192,593	157,837
Cash	201,923	357,062	185,293	49,462	23,990	57,616	55,216	53,741	65,929	66,512	67,247	68,607	73,247	68,355	67,860
misc current assets
total current assets	348,173	501,686	268,398	131,679	97,022	213,745	171,870	188,004	197,784	205,367	339,661	319,663	598,738	358,842	357,621
total assets	5,751,599	5,773,097	5,592,062	5,074,222	5,146,556	5,056,969	5,099,975	5,484,639	5,789,409	5,728,686	6,018,226	5,821,354	6,352,156	6,824,826	6,958,806
Bank overdraft	172,196	181,239	173,208	333,638	121,349	452,568	411,045	475,225	442,744	335,999	197,354	295,467	319,880	265,442	151,076
Bank loan											139,200	2,874,660	125,040	125,040	129,746
Trade Creditors	102,670	82,981	357,030	40,383	161,594	140,067	181,422	115,100	89,266	79,405	212,669	161,034	209,250	306,387	425,698
Group/Directors Accounts	339,655	379,655	373,898	478,566	392,275	378,298	345,644	259,960	378,816	368,816	281,816
other short term finances	9,960	14,185	39,013	19,185	34,000	90,105	88,480	101,377	107,394	58,814	67,443	53,857	137,946	140,472	100,000
hp & lease commitments					41,816	49,102	45,143	61,301	105,625	72,818	44,297	51,743	101,847	125,497	119,136
other current liabilities	263,373	354,736	127,248	124,743	116,857	208,317	137,042	128,959	138,736	182,889	210,526	125,139	160,611	209,721	268,582
total current liabilities	887,854	1,012,796	1,070,397	996,515	867,891	1,318,457	1,208,776	1,141,922	1,262,581	1,098,741	1,153,305	3,561,900	1,054,574	1,172,559	1,194,238
loans	1,532,415	1,700,919	1,886,857	2,052,026	2,314,083	2,056,482	2,283,438	2,566,922	2,740,573	3,011,142	3,377,621	928,897	3,941,955	4,207,841	4,205,213
hp & lease commitments					13,782	53,775	23,991	69,134	104,437	63,203	55,556	6,203	57,946	133,173	198,241
Accruals and Deferred Income
other liabilities	125,497	41,170	81,363	98,173
provisions	406,633	366,582	285,039	208,168	223,234	235,677	243,205	251,151	242,623	217,326	192,554	170,231	162,504	57,256	62,732
total long term liabilities	2,064,545	2,108,671	2,253,259	2,358,367	2,551,099	2,345,934	2,550,634	2,887,207	3,087,633	3,291,671	3,625,731	1,105,331	4,162,405	4,398,270	4,466,186
total liabilities	2,952,399	3,121,467	3,323,656	3,354,882	3,418,990	3,664,391	3,759,410	4,029,129	4,350,214	4,390,412	4,779,036	4,667,231	5,216,979	5,570,829	5,660,424
net assets	2,799,200	2,651,630	2,268,406	1,719,340	1,727,566	1,392,578	1,340,565	1,455,510	1,439,195	1,338,274	1,239,190	1,154,123	1,135,177	1,253,997	1,298,382
total shareholders funds	2,799,200	2,651,630	2,268,406	1,719,340	1,727,566	1,392,578	1,340,565	1,455,510	1,439,195	1,338,274	1,239,190	1,154,123	1,135,177	1,253,997	1,298,382

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	385,201	704,206	828,986	140,403	159,197	190,461	201,855	272,861	293,090	263,733	276,872	239,757	694,429	220,948	68,022
Depreciation	224,807	224,807	139,189	128,077	141,564	149,482	161,350	181,448	183,428	185,269	191,602	271,332	294,339	300,683	307,583
Amortisation											2,050	2,050	2,050	2,050	4,300
Tax	-49,190	-127,741	-128,793		-8,535	-14,053	-13,397	-8,945	-25,297	-24,772	-22,323	-7,727	-105,248	5,476	49,421
Stock	4,648	-731	11,558	-7,923	-5,450	-223	-2,047	-2,818	6,221	429	-2,196	-6,204	-967	-1,121	48,088
Debtors	-3,022	62,250	-10,670	17,108	-77,647	39,698	-15,562	5,226	-13,221	-133,988	23,554	-268,231	235,971	1,847	241,673
Creditors	19,689	-274,049	316,647	-121,211	21,527	-41,355	66,322	25,834	9,861	-133,264	51,635	-48,216	-97,137	-119,311	425,698
Accruals and Deferred Income	-91,363	227,488	2,505	7,886	-91,460	71,275	8,083	-9,777	-44,153	-27,637	85,387	-35,472	-49,110	-58,861	268,582
Deferred Taxes & Provisions	40,051	81,543	76,871	-15,066	-12,443	-7,528	-7,946	8,528	25,297	24,772	22,323	7,727	105,248	-5,476	62,732
Cash flow from operations	527,569	774,735	1,234,517	130,904	292,947	308,807	433,876	467,541	449,226	421,660	586,188	703,886	609,567	344,783	896,577
Investing Activities
capital expenditure	-356,822	-172,554	-520,310	-21,086			52,493	-104,625	-251,933	-35,335	-205,967	-22,382	-5,166	-109,775	-88,391
Change in Investments								-146,634			146,635
cash flow from investments	-356,822	-172,554	-520,310	-21,086			52,493	42,009	-251,933	-35,335	-352,602	-22,382	-5,166	-109,775	-88,391
Financing Activities
Bank loans										-139,200	-2,735,460	2,749,620		-4,706	129,746
Group/Directors Accounts	-40,000	5,757	-104,668	86,291	13,977	32,654	85,684	-118,856	10,000	87,000	281,816
Other Short Term Loans	-4,225	-24,828	19,828	-14,815	-56,105	1,625	-12,897	-6,017	48,580	-8,629	13,586	-84,089	-2,526	40,472	100,000
Long term loans	-168,504	-185,938	-165,169	-262,057	257,601	-226,956	-283,484	-173,651	-270,569	-366,479	2,448,724	-3,013,058	-265,886	2,628	4,205,213
Hire Purchase and Lease Commitments				-55,598	-47,279	33,743	-61,301	-79,627	74,041	36,168	41,907	-101,847	-98,877	-58,707	317,377
other long term liabilities	84,327	-40,193	-16,810	98,173
share issue					300,000		-165,000	-72,125				-6,181	-454,418		1,396,038
interest	-188,441	-193,240	-151,128	-148,629	-111,674	-120,395	-128,403	-165,476	-166,872	-139,877	-169,482	-206,903	-253,583	-270,809	-215,099
cash flow from financing	-316,843	-438,442	-417,947	-296,635	356,520	-279,329	-565,401	-615,752	-304,820	-531,017	-118,909	-662,458	-1,075,290	-291,122	5,933,275
cash and cash equivalents
cash	-155,139	171,769	135,831	25,472	-33,626	2,400	1,475	-12,188	-583	-735	-1,360	-4,640	4,892	495	67,860
overdraft	-9,043	8,031	-160,430	212,289	-331,219	41,523	-64,180	32,481	106,745	138,645	-98,113	-24,413	54,438	114,366	151,076
change in cash	-146,096	163,738	296,261	-186,817	297,593	-39,123	65,655	-44,669	-107,328	-139,380	96,753	19,773	-49,546	-113,871	-83,216

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for k.w. reader & sons limited. Get real-time insights into k.w. reader & sons limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for k.w. reader & sons limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in NE33 area or any other competitors across 12 key performance metrics.

K.W. READER & SONS LIMITED group structure

K.W. Reader & Sons Limited has 1 subsidiary company.

Ultimate parent company

K.W. READER & SONS LIMITED

02709454

1 subsidiary

CORPORATE FUNFAIRS LIMITED

05780458

K.W. READER & SONS LIMITED Shareholders

kenneth william reader	88%
kenneth alan reader	10%
gillian reader	1%
emily louise reader	1%

K.W. Reader & Sons Limited currently has 2 directors. The longest serving directors include Mr Kenneth Reader (Apr 1992) and Mrs Gillian Reader (May 1995).

officer	country	age	start	end	role
Mr Kenneth Reader		61 years	Apr 1992	-	Director
Mrs Gillian Reader		59 years	May 1995	-	Director

P&L

April 2024

turnover

1.6m

+23%

operating profit

385.2k

gross margin

58.2%

-4.77%

turnover

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

Balance Sheet

April 2024

net assets

2.8m

+0.06%

total assets

5.8m

cash

201.9k

-0.43%

net assets

Total assets minus all liabilities

Similar Companies

oldland leisure limited

1.5

millers amusements limited

4.5

high force leisure limited

telco trading limited

tir prince raceway limited

company number

02709454

Type

Private limited with Share Capital

industry

47250 - Retail sale of beverages in specialised stores

93210 - Activities of amusement parks and theme parks

93290 - Other amusement and recreation activities

incorporation date

April 1992

ultimate parent company

None

previous names

N/A

address

the dunes, sea road, south shields, tyne & wear, NE33 2LD

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 20 charges/mortgages relating to k.w. reader & sons limited. Currently there are 12 open charges and 8 have been satisfied in the past.

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 K.W. READER & SONS LIMITED. This can take several minutes, an email will notify you when this has completed.

k.w. reader & sons limited Company Information

k.w. reader & sons limited Estimated Valuation

k.w. reader & sons limited Estimated Valuation

k.w. reader & sons limited Estimated Valuation

K.w. Reader & Sons Limited Overview

K.w. Reader & Sons Limited Health Check

K.W. READER & SONS LIMITED financials

k.w. reader & sons limited Credit Report and Business Information

K.w. Reader & Sons Limited Competitor Analysis

k.w. reader & sons limited Ownership

k.w. reader & sons limited directors

k.w. reader & sons limited company details

k.w. reader & sons limited Charges & Mortgages

k.w. reader & sons limited Capital Raised & Share Issues BETA

k.w. reader & sons limited Companies House Filings - See Documents