READABILITY5 LTD

Company number 13217142 · Active · Horsham, RH12 1DQ

B
Firmoscan score 76/100

READABILITY5 LTD is an active private limited company (company number 13217142) incorporated on 22 February 2021, registered in Horsham,. Its registered activity is other education n.e.c. (SIC 85590). Latest small accounts cover the period ending 28 February 2025, showing net assets of £13k and cash of £2,630, with 2 employees on average. Net assets rose 6% on the prior period (£12k).

By net assets it sits in the upper half of 430 comparable companies in Surrey (median £1,027, upper quartile £19k).

Key dates

Incorporated
22 February 2021
Next accounts due
28 November 2026 — in 41 days
Confirmation statement due
8 March 2027 — in 141 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 85590
Other education n.e.c.
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 2 periods on record, latest ending 28 February 2025

Net assets
Net assetsFeb 2024: £12k; Feb 2025: £13k£12k£13kFeb 2024Feb 2025
Cash at bank
Cash at bankFeb 2024: £2,857; Feb 2025: £2,630£2,857£2,630Feb 2024Feb 2025
Average employees
Average employeesFeb 2024: 2; Feb 2025: 222Feb 2024Feb 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
28 February 2025£13k£2,630£7,806£3,005——2
29 February 2024£12k£2,857£7,045£4,604——2
Current ratio
3.47 — comfortable
Cash per employee
£1,315

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score: 76/100 (grade B)

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.

Ownership and control

  • Mr Karl Higbee — owns 25–50% of shares · since 22 February 2021
  • Mr Maximilian Gregory Couch — owns 25–50% of shares · since 22 February 2021
  • Mr Kurt Jonathan Lyall — owns 25–50% of shares; holds 25–50% of voting rights · since 4 March 2021

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Similar companies in Surrey

Same activity (other education n.e.c.), closest in incorporation date.

Reminders for READABILITY5 LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.