# READ ACADEMY EDUCATION (08813632)

> READ ACADEMY EDUCATION is an active private limited company (company number 08813632) incorporated on 13 December 2013, registered in Ilford. Its registered activity is pre-primary education (SIC 85100). Latest abridged accounts cover the period ending 31 December 2024, showing net assets of £541k and cash of £308k, with 24 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 11% on the prior period (£487k).

- Status: Active
- Incorporated: 2013-12-13
- Registered office: Ilford, IG1 3BD
- SIC 85100: Pre-primary education
- SIC 85200: Primary education
- SIC 85310: General secondary education
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-12-27
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 739 comparable companies in Greater London (median £11k, upper quartile £65k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £541k | £308k | £202k | £34k | — | — | 24 |
| 2023-12-31 | £487k | £416k | £40k | £7,632 | — | — | 18 |

current ratio 15.09; size band small.

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

- Net assets above zero: Net assets £540,640 at 31 December 2024
- Net assets up 10% or more on the prior period: +10.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 15.09
- Cash at bank of £50,000 or more: Cash £307,954
- Incorporated five or more years ago: Incorporated 13 December 2013
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Gulam Abbas Hussain — owns 25–50% of shares, since 2016-04-06

---
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/08813632
HTML: https://firmoscan.com/company/08813632-read-academy-education