# READ HOMECARE LTD (10425927)

> READ HOMECARE LTD is an active private limited company (company number 10425927) incorporated on 13 October 2016, registered in Spalding. Its registered activity is other specialised construction activities n.e.c. (SIC 43999). Latest small accounts cover the period ending 31 March 2025, showing net assets of −£11k and cash of £11k, with 2 employees on average. Net assets rose 45% on the prior period (−£19k).

- Status: Active
- Incorporated: 2016-10-13
- Registered office: Spalding, PE12 9PJ
- SIC 43999: Other specialised construction activities n.e.c.
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-10-27
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 6,076 comparable companies in Other (median £7,848, upper quartile £60k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | −£11k | £11k | £2,506 | £92k | — | — | 2 |
| 2024-03-31 | −£19k | £1,200 | £1,154 | £93k | — | — | 2 |

current ratio 0.15; size band micro.

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

- Net assets below zero: Net assets £-10,550 at 31 March 2025
- Net assets up 10% or more on the prior period: +45.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.15
- Incorporated five or more years ago: Incorporated 13 October 2016

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

## Persons with significant control

- Mr Kevin Peter Read — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-10-13
- Mr Oliver Peter James Read — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2016-10-13

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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/10425927
HTML: https://firmoscan.com/company/10425927-read-homecare-ltd