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READ MOTOR BODY COMMERCIALS LTD Financials

Company number
04502815Copy
Copy
Registered office
Unit 3a West End Business Park, Blackburn Road Oswaldtwistle, Accrington, Lancashire BB5 4WE
Incorporated
02/08/2002

Company snapshot

Status
Active
Employees
9 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£223.56K2025
-3.51%vs 2024

2024: £231.71K

Total Assets

£301.45K2025
-18.59%vs 2024

2024: £370.28K

Cash in Bank

£221.40K2025
-26.96%vs 2024

2024: £303.11K

Total Liabilities

£77.88K2025
-43.80%vs 2024

2024: £138.57K

Employees

92025
0vs 2024

2024: 9

In 2025, READ MOTOR BODY COMMERCIALS LTD reported net assets of £223.56K. The same filing shows total assets of £301.45K, cash in bank of £221.40K and total liabilities of £77.88K. Reported headcount was 9 in 2025. Cash in Bank fell from £303.11K in 2024 to £221.40K in 2025 (-26.96%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£223.56K2025
-3.51%from £231.71K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures READ MOTOR BODY COMMERCIALS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£159.81K2023£223.56K2025
+39.9%vs 2023

+18.3% a year compound (CAGR)

Cash in Bank

£217.83K2023£221.40K2025
+1.6%vs 2023

+0.8% a year compound (CAGR)

Total Assets

£320.68K2023£301.45K2025
-6%vs 2023

-3% a year compound (CAGR)

Total Liabilities

£160.87K2023£77.88K2025
-51.6%vs 2023

-30.4% a year compound (CAGR)

Employees

10202392025
-10%vs 2023-1

Biggest increase

Net Assets+39.9%

£159.81K in 2023 to £223.56K in 2025

Biggest decrease

Total Liabilities-51.6%

£160.87K in 2023 to £77.88K in 2025

READ MOTOR BODY COMMERCIALS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from READ MOTOR BODY COMMERCIALS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
74.16%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
25.84%2025
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
284.27%2025
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
73.45%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for READ MOTOR BODY COMMERCIALS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£69.05K89.24K159.81K231.71K223.56K
Total Assets£204.62K194.49K320.68K370.28K301.45K
Cash in Bank£48.74K132.75K217.83K303.11K221.40K
Total Liabilities£135.57K105.26K160.87K138.57K77.88K
Employees9101099

READ MOTOR BODY COMMERCIALS LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for READ MOTOR BODY COMMERCIALS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

READ MOTOR BODY COMMERCIALS LTD reported net assets of £223.56K for 2025. That compares with £231.71K in 2024, a change of -3.51%.

READ MOTOR BODY COMMERCIALS LTD reported total assets of £301.45K for 2025. That compares with £370.28K in 2024, a change of -18.59%.

READ MOTOR BODY COMMERCIALS LTD reported cash in bank of £221.40K for 2025. That compares with £303.11K in 2024, a change of -26.96%.

READ MOTOR BODY COMMERCIALS LTD reported 9 employees in 2025, compared with 9 in 2024.

Between 2023 and 2025, READ MOTOR BODY COMMERCIALS LTD's net assets rose by 39.9%, cash in bank rose by 1.6%, total assets fell by 6% and total liabilities fell by 51.6%. Net assets compounded at 18.3% a year across the two years to 2025, from £159.81K to £223.56K. Reported headcount went from 10 in 2023 to 9 in 2025 (-1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.