−£34k
vs Feb 2025Active13202574Private limited companyLancaster
READ PROPERTIES LTD
E27/10001
Summary
READ PROPERTIES LTD is an active private limited company (company number 13202574) incorporated on 15 February 2021, registered in Lancaster. Its registered activity is buying and selling of own real estate (SIC 68100). Latest micro accounts cover the period ending 28 February 2026, showing net assets of −£34k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 33% on the prior period (−£25k).
Peer position · net assets
By net assets it sits in the lower half of 2,450 comparable companies in Lancashire (median £1, upper quartile £13k).
02
Key dates
- Incorporated
- 15 February 20215 yrs ago
- Next accounts due
- 28 November 2027in 402 days
- Confirmation statement due
- 1 March 2027in 130 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 68100
- Buying and selling of own real estate
- SIC 68209
- Other letting and operating of own or leased real estate
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
Not disclosed
1
No changevs Feb 2025| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 28 February 2026 | −£34k | — | — | £186k | — | — | 1 |
| 28 February 2025 | −£25k | — | — | £145k | — | — | 1 |
Current ratio0.06Current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Firmoscan score
27 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-33,563 at 2026-02-28 |
| −8 | Net assets falling-33.4% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.06 |
| +8 | EstablishedIncorporated 2021-02-15 (6 years) |
| 27 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Gareth John Read
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 402 days
- Confirmation statement duein 130 days
- Accounts period endNet liabilities £34k · micro accounts
- Accounts period endNet liabilities £25k · micro accounts
- Incorporated
08
Similar companies in Lancashire
- IRG LETTINGS LIMITEDBlackburn · inc. Feb 2021
- GOSLIN & WELLS LTDSouthport · inc. Feb 2021
- HAMBRIDGE PROPERTY GROUP LIMITEDPreston · inc. Feb 2021
- ELLIS INVESTMENTS (NW) LIMITEDPreston · inc. Feb 2021
- PURCELL HOMES LTDChorley · inc. Feb 2021
- P&M PAYNE PROPERTIES LTDBlackpool · inc. Feb 2021
All companies incorporated on 15 February 2021 · in Feb 2021.
09
Reminders for READ PROPERTIES LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.