Company Overview
Read Construction (Sw) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 01 March 2007, so this is a well established company. Read Construction (Sw) Limited has been in business for 19 years and 1 month. The accounts status is micro entity and the accounts are next due on Sunday 30 November 2025.
Registered Address

Mor Workspace, Treloggan Lane, Newquay, TR7 2FP
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Companies House Data
Company NameREAD CONSTRUCTION (SW) LIMITED
Company Number06132876
Registered Office AddressMor Workspace
 Treloggan Lane
 TR7 2FP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date01/03/2007
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2025
Accounts Last Made Up Date28/02/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date29/03/2017
Returns Last Made Up Date01/03/2016
Directors & Members
Andreas Read - Director
(British, 60 years old, born June 1966)
Appointed 01 March 2007
 Active
Secretaries
Show Resigned
Other Company Directorships
Andreas Read
ASSAY HOUSE MANAGEMENT COMPANY LIMITED
BISCAY PROPERTIES LIMITED
BLUEKEY PROPERTY LIMITED
EIGHT THE BEACH PORTH LIMITED
FIVE THE BEACH PORTH LIMITED
FJORDWAY FIDUCIARY MANAGEMENT LIMITED
FOUR THE BEACH PORTH LIMITED
MANPOWER SOUTH WEST LIMITED
NINE THE BEACH PORTH LIMITED
NORWEGIAN HOMES ARCHITECTURAL DESIGN LIMITED
NORWEGIAN HOMES GROUP LIMITED
NORWEGIAN HOMES LEISURE LIMITED
NORWEGIAN HOMES LIMITED
NORWEGIAN LOG HOMES LIMITED
NORWEGIAN RESIDENTIAL LIMITED
OCEAN VIEW VALHALLA LIMITED LIABILITY PARTNERSHIP
OLD GOLF HOUSE DEVELOPMENTS LIMITED
ONE THE BEACH PORTH LIMITED
PIRAN HOUSING ASSOCIATION LIMITED
PORTH BEACH HOLDINGS LIMITED
PORTH COVE DEVELOPMENTS LIMITED
SEVEN THE BEACH PORTH LIMITED
SIX THE BEACH PORTH LIMITED
THE BEACH PORTH MANAGEMENT LIMITED
THE SHOP BEACH PORTH LIMITED
THREE THE BEACH PORTH LIMITED
TWO THE BEACH PORTH LIMITED
VALHALLA INVEST LIMITED
WHEAL LEISURE MANAGEMENT COMPANY LIMITED
WOLF ROCK (CORNWALL) LIMITED
Balance Sheet Unlock full report
Accounts Date 28-Feb-2024 28-Feb-2022 28-Feb-2021
Balance Sheet
Fixed Assets 15,294 15,294 15,294
Current Assets 2,764,889 2,764,889 2,735,409
Creditors Due Within One Year 88,645 88,645 45,110
Working Cap 2,676,244 2,676,244 2,690,299
Total Assets Less Current Liabilities 2,691,538 2,691,538 2,705,593
Long-term Liabilities 2,511,650 2,511,650 2,542,500
Net Assets 179,888 179,888 163,093
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 179,888 179,888 163,093
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2024 28-Feb-2022 28-Feb-2021
Tangible Fixed Assets - - -
Fixed Assets 0.6% 0.6% 0.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 99.4% 99.4% 99.4%
Creditors Due Within One Year 3.2% 3.2% 1.6%
Net Current Assets Liabilities 96.3% 96.3% 97.8%
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 6.5% 6.5% 5.9%
Capital Employed - - -
Total Assets Less Current Liabilities 96.8% 96.8% 98.4%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2024 28-Feb-2022 28-Feb-2021
Liquidity Ratio 31.2 31.2 60.6
Solvency Ratio 1.1 1.1 1.1
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 28-Feb-2024 28-Feb-2022 28-Feb-2021
Assets 2,780,183 2,780,183 2,750,703
Debt 2,600,295 2,600,295 2,587,610
Net Assets/Debt 179,888 179,888 163,093

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. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. 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. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. 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. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations. 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
Other Business around TR7 2FP
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67 Talmena Avenue, Wadebridge, TR7 2FP
THIRD RESPONSE LIMITED
85 GREAT PORTLAND STREET, FIRST FLOOR, LONDON, TR7 2FP
FRESH TEACHERS LTD
Mor Workspace, Treloggan Lane, Newquay, TR7 2FP
Document Filings
Confirmation statement made on 1 March 2026 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Confirmation statement made on 1 March 2025 with no updates
Registered office address changed from Site Office Merlin Court Cligga Head Industrial Estate Perranporth Cornwall TR6 0EN England to Mor Workspace Treloggan Lane Newquay TR7 2FP on 8 January 2025
Confirmation statement made on 1 March 2024 with no updates
Confirmation statement made on 1 March 2023 with no updates
Confirmation statement made on 1 March 2022 with no updates
Confirmation statement made on 1 March 2021 with no updates
Confirmation statement made on 1 March 2020 with no updates
Confirmation statement made on 1 March 2019 with no updates
Confirmation statement made on 1 March 2018 with no updates
Registered office address changed from Unit 1D Cligga Head Industrial Estate St George's Hill Perranporth Cornwall TR6 0EB to Site Office Merlin Court Cligga Head Industrial Estate Perranporth Cornwall TR6 0EN on 5 March 2018
Confirmation statement made on 1 March 2017 with updates
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