# READ BURTON LIMITED (01003014)

> READ BURTON LIMITED is a liquidation private limited company (company number 01003014) incorporated on 22 February 1971, registered in Preston. Its registered activity is sale of new cars and light motor vehicles (SIC 45111). Latest full accounts cover the period ending 31 December 2024, showing net assets of −£276k and cash of £110, with 33 employees on average. Turnover was £24.22m and profit for the year −£687k. Net assets fell 130% on the prior period (£906k).

- Status: Liquidation
- Incorporated: 1971-02-22
- Registered office: Preston, PR1 3JJ
- SIC 45111: Sale of new cars and light motor vehicles
- SIC 45112: Sale of used cars and light motor vehicles
- SIC 45200: Maintenance and repair of motor vehicles
- SIC 45320: Retail trade of motor vehicle parts and accessories
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-03-08
- Accounts type: FULL

By net assets it sits in the bottom quarter of 76 comparable companies in Lancashire (median £74k, upper quartile £761k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£276k | £110 | — | £8.05m | £24.22m | −£687k | 33 |
| 2023-12-31 | £906k | £103 | — | £4.43m | £37.40m | −£392k | 47 |

current ratio 0.83; net margin -2.8%; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-276,046 at 31 December 2024
- Net assets down 25% or more on the prior period: -130.5% vs prior period
- Current assets below creditors within one year: Current ratio 0.83
- Incorporated five or more years ago: Incorporated 22 February 1971
- Register status is not Active: Liquidation

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Read Motor Group Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2024-03-13

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/01003014
HTML: https://firmoscan.com/company/01003014-read-burton-limited