Company Overview
Readysalted Design Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 11 April 2003, so this is a well established company. Readysalted Design Limited has been in business for 22 years and 11 months. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

3 Ouseburn Gateway, 163 City Road, Newcastle, NE1 2BE
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Companies House Data
Company NameREADYSALTED DESIGN LIMITED
Company Number04730696
Registered Office Address3 Ouseburn Gateway
 163 City Road
 NE1 2BE
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date11/04/2003
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date09/05/2017
Returns Last Made Up Date11/04/2016
Directors & Members
Show Resigned
Simon Honeywood - Director
(British, 51 years old, born June 1975)
Appointed 11 April 2003
 Active
Secretaries
Show Resigned
Deborah Honeywood - Secretary
(British)
Appointed 11 April 2003
 Active
Other Company Directorships
Simon Honeywood
AIR2MEDIA LTD
HARBOUR LONDON LTD
TANNERHILL WILSON LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Balance Sheet
Fixed Assets 3,114 3,114 -3,464
Current Assets 87,135 87,135 26,568
Creditors Due Within One Year 49,765 49,765 22,760
Working Cap 37,370 37,370 3,808
Total Assets Less Current Liabilities 40,484 40,484 344
Long-term Liabilities 30,000 30,000 0
Net Assets 10,484 10,484 344
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 10,484 10,484 344
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 3.5% 3.5% -15.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 96.5% 96.5% 115.0%
Creditors Due Within One Year 55.1% 55.1% 98.5%
Net Current Assets Liabilities 41.4% 41.4% 16.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 11.6% 11.6% 1.5%
Capital Employed - - -
Total Assets Less Current Liabilities 44.9% 44.9% 1.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Liquidity Ratio 1.8 1.8 1.2
Solvency Ratio 1.1 1.1 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2021 31-Mar-2020
Assets 90,249 90,249 23,104
Debt 79,765 79,765 22,760
Net Assets/Debt 10,484 10,484 344

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 28 October 2025 with no updates
Confirmation statement made on 28 October 2024 with updates
Memorandum and Articles of Association
Resolutions
Change of share class name or designation
Confirmation statement made on 11 April 2024 with no updates
Confirmation statement made on 11 April 2023 with no updates
Director's details changed for Mr Simon Antony Honeywood on 20 June 2022
Secretary's details changed for Deborah Anne Honeywood on 20 June 2022
Confirmation statement made on 11 April 2022 with no updates
Confirmation statement made on 11 April 2021 with no updates
Confirmation statement made on 11 April 2020 with no updates
Confirmation statement made on 11 April 2019 with no updates
Registered office address changed from Office 7, Tst House Cumberland Road North Shields NE29 8rd England to 3 Ouseburn Gateway 163 City Road Newcastle NE1 2BE on 19 December 2018
Confirmation statement made on 11 April 2018 with no updates
Confirmation statement made on 11 April 2017 with updates
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