READ VENEERS LIMITED Financials
- Company number
- 06037894CopyCopy
- Registered office
- Reads Barn, Parkers Farm Road, Orsett, Grays, Essex RM16 3HX
- Incorporated
- 28/12/2006
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
15.01%vs 20222022: £1.31M
Total Assets
17.04%vs 20222022: £1.41M
Cash in Bank
-18.27%vs 20222022: £478.83K
Total Liabilities
42.16%vs 20222022: £105.21K
Employees
+1vs 20222022: 5
In 2023, READ VENEERS LIMITED reported net assets of £1.50M. The same filing shows total assets of £1.65M, cash in bank of £391.34K and total liabilities of £149.57K. Reported headcount was 6 in 2023. Total Assets rose from £1.41M in 2022 to £1.65M in 2023 (17.04%). Okredo holds filed figures for 2021–2023; 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
15.01%from £1.31M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures READ VENEERS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+41.7%vs 2021+19% a year compound (CAGR)
Total Assets
+39.6%vs 2021+18.2% a year compound (CAGR)
Total Liabilities
+21.8%vs 2021+10.4% a year compound (CAGR)
Employees
+20%vs 2021+1Biggest increase
Net Assets+41.7%
£1.06M in 2021 to £1.50M in 2023
Every indicator Okredo holds for READ VENEERS LIMITED rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from READ VENEERS LIMITED'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
- 90.95%2023
- 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
- 9.05%2023
- 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
- 261.64%2023
- 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
- 23.68%2023
- 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 VENEERS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.06M | 1.31M | 1.50M |
| Total Assets£ | 1.18M | 1.41M | 1.65M |
| Cash in Bank£ | – | 478.83K | 391.34K |
| Total Liabilities£ | 122.76K | 105.21K | 149.57K |
| Employees | 5 | 5 | 6 |
READ VENEERS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for READ VENEERS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
READ VENEERS LIMITED reported net assets of £1.50M for 2023. That compares with £1.31M in 2022, a change of 15.01%.
READ VENEERS LIMITED reported total assets of £1.65M for 2023. That compares with £1.41M in 2022, a change of 17.04%.
READ VENEERS LIMITED reported cash in bank of £391.34K for 2023. That compares with £478.83K in 2022, a change of -18.27%.
READ VENEERS LIMITED reported 6 employees in 2023, compared with 5 in 2022.
Between 2021 and 2023, READ VENEERS LIMITED's net assets rose by 41.7%, total assets rose by 39.6%, total liabilities rose by 21.8% and employee numbers rose by 20%. Net assets compounded at 19% a year across the two years to 2023, from £1.06M to £1.50M. Reported headcount went from 5 in 2021 to 6 in 2023 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.