reading industries, ltd

reading industries, ltd Company Information

Share READING INDUSTRIES, LTD
Live 
Young

Company Number

12255881

Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Shareholders

bronte industries ltd

Group Structure

View All

Contact

Registered Address

450 south oak way, green park, reading, berkshire, RG2 6UW

Website

-

reading industries, ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of READING INDUSTRIES, LTD at £0 based on a Turnover of £0 and 1.14x industry multiple (adjusted for size and gross margin).

reading industries, ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of READING INDUSTRIES, LTD at £0 based on an EBITDA of £-19k and a 4.41x industry multiple (adjusted for size and gross margin).

reading industries, ltd Estimated Valuation

£170.6m

Pomanda estimates the enterprise value of READING INDUSTRIES, LTD at £170.6m based on Net Assets of £129.8m and 1.31x industry multiple (adjusted for liquidity).

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Reading Industries, Ltd Overview

Reading Industries, Ltd is a live company located in reading, RG2 6UW with a Companies House number of 12255881. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2019, it's largest shareholder is bronte industries ltd with a 100% stake. Reading Industries, Ltd is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.

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Reading Industries, Ltd Health Check

Pomanda's financial health check has awarded Reading Industries, Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

0 Regular

positive_score

1 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Reading Industries, Ltd

- - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Reading Industries, Ltd

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Reading Industries, Ltd

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Reading Industries, Ltd

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (105)

- - Reading Industries, Ltd

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Reading Industries, Ltd

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Reading Industries, Ltd

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Reading Industries, Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Reading Industries, Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Reading Industries, Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (14 weeks)

- - Reading Industries, Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.4%, this is a lower level of debt than the average (69.5%)

- - Reading Industries, Ltd

- - Industry AVG

READING INDUSTRIES, LTD financials

EXPORTms excel logo

Reading Industries, Ltd's latest turnover from December 2023 is 0 and the company has net assets of £129.8 million. According to their latest financial statements, Reading Industries, Ltd has 1 employee and maintains cash reserves of £1.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020
Turnover0000
Other Income Or Grants0000
Cost Of Sales0000
Gross Profit0000
Admin Expenses19,03925,58010972
Operating Profit-19,039-25,580-109-72
Interest Payable0000
Interest Receivable2,614,5143,065,1403,206,597364,707
Pre-Tax Profit2,595,4753,039,5603,206,488364,635
Tax-609,937-577,516-609,233-69,281
Profit After Tax1,985,5382,462,0442,597,256295,354
Dividends Paid2,372,82326,260,26200
Retained Profit-387,285-23,798,2182,597,256295,354
Employee Costs0000
Number Of Employees1111
EBITDA*-19,039-25,580-109-72

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020
Tangible Assets0000
Intangible Assets0000
Investments & Other0101
Debtors (Due After 1 year)107,899,198129,479,033159,193,822198,570,293
Total Fixed Assets107,899,198129,479,034159,193,822198,570,294
Stock & work in progress0000
Trade Debtors0000
Group Debtors21,850,66021,901,77026,282,727364,707
Misc Debtors0000
Cash1,895,8221,397,630633810
misc current assets0000
total current assets23,746,48323,299,40026,283,361365,518
total assets131,645,681152,778,434185,477,183198,935,811
Bank overdraft0000
Bank loan0000
Trade Creditors 0000
Group/Directors Accounts1,215,882000
other short term finances0000
hp & lease commitments0000
other current liabilities609,9371,215,881672,70969,280
total current liabilities1,825,8191,215,882672,71069,281
loans0000
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities0000
provisions0000
total long term liabilities0000
total liabilities1,825,8191,215,882672,71069,281
net assets129,819,862151,562,552184,804,473198,866,531
total shareholders funds129,819,862151,562,552184,804,473198,866,531
Dec 2023Dec 2022Dec 2021Dec 2020
Operating Activities
Operating Profit-19,039-25,580-109-72
Depreciation0000
Amortisation0000
Tax-609,937-577,516-609,233-69,281
Stock0000
Debtors-21,630,945-34,095,746-13,458,451198,935,000
Creditors0000
Accruals and Deferred Income-605,944543,172603,42969,280
Deferred Taxes & Provisions0000
Cash flow from operations20,396,02534,035,82213,452,538-198,935,073
Investing Activities
capital expenditure0000
Change in Investments-11-11
cash flow from investments1-11-1
Financing Activities
Bank loans0000
Group/Directors Accounts1,215,882000
Other Short Term Loans 0000
Long term loans0000
Hire Purchase and Lease Commitments0000
other long term liabilities0000
share issue-21,355,405-9,443,703-16,659,314198,571,177
interest2,614,5143,065,1403,206,597364,707
cash flow from financing-17,525,009-6,378,563-13,452,717198,935,884
cash and cash equivalents
cash498,1921,396,997-177810
overdraft0000
change in cash498,1921,396,997-177810

reading industries, ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Reading Industries, Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for reading industries, ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in RG2 area or any other competitors across 12 key performance metrics.

reading industries, ltd Ownership

READING INDUSTRIES, LTD group structure

Reading Industries, Ltd has no subsidiary companies.

Ultimate parent company

READING INDUSTRIES, LTD

12255881

READING INDUSTRIES, LTD Shareholders

bronte industries ltd 100%

reading industries, ltd directors

Reading Industries, Ltd currently has 1 director, Ms Victoria Evans serving since Feb 2023.

officercountryagestartendrole
Ms Victoria EvansEngland54 years Feb 2023- Director

P&L

December 2023

turnover

0

0%

operating profit

-19k

-26%

gross margin

0%

0%

turnover

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

Balance Sheet

December 2023

net assets

129.8m

-0.14%

total assets

131.6m

-0.14%

cash

1.9m

+0.36%

net assets

Total assets minus all liabilities

reading industries, ltd company details

company number

12255881

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

October 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

KPMG LLP

address

450 south oak way, green park, reading, berkshire, RG2 6UW

Bank

-

Legal Advisor

-

reading industries, ltd 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 reading industries, ltd.

reading industries, ltd 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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reading industries, ltd Companies House Filings - See Documents

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