READS & CO LIMITED Financials
- Company number
- 05943610CopyCopy
- Registered office
- 65 Roman Way Industrial Estate, Ribbleton, Preston, Lancashire PR2 5BE
- Incorporated
- 22/09/2006
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
62.77%vs 20232023: £36.14K
Total Assets
20.69%vs 20232023: £124.03K
Cash in Bank
36.62%vs 20232023: £60.81K
Total Liabilities
2.98%vs 20232023: £87.61K
Employees
0vs 20232023: 6
In 2024, READS & CO LIMITED reported net assets of £58.82K. The same filing shows total assets of £149.69K, cash in bank of £83.08K and total liabilities of £90.22K. Reported headcount was 6 in 2024. Total Assets rose from £124.03K in 2023 to £149.69K in 2024 (20.69%). Okredo holds filed figures for 2021–2024; 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
62.77%from £36.14K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures READS & CO LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+87.4%vs 2022+36.9% a year compound (CAGR)
Cash in Bank
+49.1%vs 2022+22.1% a year compound (CAGR)
Total Assets
+17.3%vs 2022+8.3% a year compound (CAGR)
Total Liabilities
-5.4%vs 2022-2.8% a year compound (CAGR)
Employees
+20%vs 2022+1Biggest increase
Net Assets+87.4%
£31.38K in 2022 to £58.82K in 2024
Biggest decrease
Total Liabilities-5.4%
£95.42K in 2022 to £90.22K in 2024
READS & CO LIMITED's filings pull in both directions between 2022 and 2024. 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 READS & CO 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
- 39.29%2024
- 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
- 60.27%2024
- 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
- 92.09%2024
- 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
- 55.50%2024
- 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 READS & CO LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 22.71K | 31.38K | 36.14K | 58.82K |
| Total Assets£ | 138.23K | 127.59K | 124.03K | 149.69K |
| Cash in Bank£ | 78.18K | 55.74K | 60.81K | 83.08K |
| Total Liabilities£ | 113.91K | 95.42K | 87.61K | 90.22K |
| Employees | 4 | 5 | 6 | 6 |
READS & CO LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for READS & CO LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
READS & CO LIMITED reported net assets of £58.82K for 2024. That compares with £36.14K in 2023, a change of 62.77%.
READS & CO LIMITED reported total assets of £149.69K for 2024. That compares with £124.03K in 2023, a change of 20.69%.
READS & CO LIMITED reported cash in bank of £83.08K for 2024. That compares with £60.81K in 2023, a change of 36.62%.
READS & CO LIMITED reported 6 employees in 2024, compared with 6 in 2023.
Between 2022 and 2024, READS & CO LIMITED's net assets rose by 87.4%, cash in bank rose by 49.1%, total assets rose by 17.3% and total liabilities fell by 5.4%. Net assets compounded at 36.9% a year across the two years to 2024, from £31.38K to £58.82K. Reported headcount went from 5 in 2022 to 6 in 2024 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.