read financial consultancy limited
read financial consultancy limited Company Information
Company Number
10020484
Next Accounts
Nov 2025
Shareholders
dean read
dawn read
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
840 ibis court centre park, warrington, WA1 1RL
Website
-read financial consultancy limited Estimated Valuation
Pomanda estimates the enterprise value of READ FINANCIAL CONSULTANCY LIMITED at £223.3k based on a Turnover of £306.8k and 0.73x industry multiple (adjusted for size and gross margin).
read financial consultancy limited Estimated Valuation
Pomanda estimates the enterprise value of READ FINANCIAL CONSULTANCY LIMITED at £0 based on an EBITDA of £-1.2k and a 4.67x industry multiple (adjusted for size and gross margin).
read financial consultancy limited Estimated Valuation
Pomanda estimates the enterprise value of READ FINANCIAL CONSULTANCY LIMITED at £520.3k based on Net Assets of £170k and 3.06x industry multiple (adjusted for liquidity).
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Read Financial Consultancy Limited Overview
Read Financial Consultancy Limited is a live company located in warrington, WA1 1RL with a Companies House number of 10020484. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in February 2016, it's largest shareholder is dean read with a 70% stake. Read Financial Consultancy Limited is a young, micro sized company, Pomanda has estimated its turnover at £306.8k with low growth in recent years.
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Read Financial Consultancy Limited Health Check
Pomanda's financial health check has awarded Read Financial Consultancy Limited a 3 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £306.8k, make it larger than the average company (£202k)
- Read Financial Consultancy Limited
£202k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.4%)
- Read Financial Consultancy Limited
8.4% - Industry AVG
Production
with a gross margin of 53.1%, this company has a higher cost of product (95%)
- Read Financial Consultancy Limited
95% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (11.7%)
- Read Financial Consultancy Limited
11.7% - Industry AVG
Employees
with 4 employees, this is above the industry average (3)
4 - Read Financial Consultancy Limited
3 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)
- Read Financial Consultancy Limited
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £76.7k, this is equally as efficient (£79.8k)
- Read Financial Consultancy Limited
£79.8k - Industry AVG
Debtor Days
it gets paid by customers after 202 days, this is later than average (76 days)
- Read Financial Consultancy Limited
76 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (24 days)
- Read Financial Consultancy Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Read Financial Consultancy Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Read Financial Consultancy Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (50.5%)
0% - Read Financial Consultancy Limited
50.5% - Industry AVG
READ FINANCIAL CONSULTANCY LIMITED financials
Read Financial Consultancy Limited's latest turnover from February 2024 is estimated at £306.8 thousand and the company has net assets of £170 thousand. According to their latest financial statements, Read Financial Consultancy Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 1 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | ||||||||
| Stock & work in progress | ||||||||
| Trade Debtors | 170,039 | 171,223 | 174,052 | 174,745 | 178,376 | 197,746 | 203,042 | 155,561 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 170,039 | 171,223 | 174,052 | 174,745 | 178,376 | 197,746 | 203,042 | 155,561 |
| total assets | 170,039 | 171,223 | 174,052 | 174,745 | 178,376 | 197,746 | 203,042 | 155,561 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 5 | 6 | 6 | 6 | 2 | 18,239 | 31,187 | 32,174 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 5 | 6 | 6 | 6 | 2 | 18,239 | 31,187 | 32,174 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 5 | 6 | 6 | 6 | 2 | 18,239 | 31,187 | 32,174 |
| net assets | 170,034 | 171,217 | 174,046 | 174,739 | 178,374 | 179,507 | 171,855 | 123,387 |
| total shareholders funds | 170,034 | 171,217 | 174,046 | 174,739 | 178,374 | 179,507 | 171,855 | 123,387 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -1,184 | -2,829 | -693 | -3,631 | -19,370 | -5,296 | 47,481 | 155,561 |
| Creditors | -1 | 4 | -18,237 | -12,948 | -987 | 32,174 | ||
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
read financial consultancy limited Credit Report and Business Information
Read Financial Consultancy Limited Competitor Analysis
Perform a competitor analysis for read financial consultancy limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WA1 area or any other competitors across 12 key performance metrics.
read financial consultancy limited Ownership
READ FINANCIAL CONSULTANCY LIMITED group structure
Read Financial Consultancy Limited has no subsidiary companies.
Ultimate parent company
READ FINANCIAL CONSULTANCY LIMITED
10020484
read financial consultancy limited directors
Read Financial Consultancy Limited currently has 4 directors. The longest serving directors include Mr Dean Read (Feb 2016) and Mrs Dawn Read (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dean Read | England | 61 years | Feb 2016 | - | Director |
| Mrs Dawn Read | England | 59 years | Apr 2016 | - | Director |
| Miss Chloe Read | England | 26 years | Jul 2020 | - | Director |
| Miss Victoria Read | England | 30 years | Jul 2020 | - | Director |
P&L
February 2024turnover
306.8k
+10%
operating profit
-1.2k
0%
gross margin
53.1%
+0.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
170k
-0.01%
total assets
170k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
read financial consultancy limited company details
company number
10020484
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
840 ibis court centre park, warrington, WA1 1RL
Bank
-
Legal Advisor
-
read financial consultancy 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 did not find charges/mortgages relating to read financial consultancy limited.
read financial consultancy 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.
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read financial consultancy limited Companies House Filings - See Documents
| date | description | view/download |
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