HOMES FOR READING LTD
Company number 10108064 · Monitor this company
Executive summary
Homes for Reading Ltd has established a meaningful platform as Reading Borough Council's housing delivery arm, with a £26.2M property portfolio and strong local market positioning. However, the balance sheet carries significant structural weakness—£12.4M net current liabilities funded entirely through group creditor arrangements—and the lean five-person operating model limits the company's capacity to drive value beyond passive property holding. The recent £4.4M disposal suggests management recognizes the need for portfolio optimization; the strategic imperative now is to redeploy that capital toward higher-returning opportunities while restructuring the balance sheet to reduce dependency on short-term council financing.
Shareholders' funds
£5,363,649
Balance sheet as at 2025-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2016-04-06
- Employees
- 5 (2025 accounts)
- Registered office
- Civic Offices, Bridge Street, Reading, England, RG1 2LU
- Postcode
- RG1 2LU
- Capital
- 5,327,000 GBP
- Accounts category
- Small
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-08-16
- Next due by
- 2027-08-30
Nature of business (SIC)
- 55900 Other accommodation
- 68100 Buying and selling of own real estate
Officers 11 current · 14 resigned
Contact details
- Website
- homesforreading.co.uk
Among its peers
Top 1%
by shareholders' funds, of 102 similar companies in RG
Among the biggest employers among its local peers (5 staff).
Trading since 2016.
No.1 of the largest other accommodation companies in Reading →
Competitors Reading
This company ranks 1 among other accommodation in Reading.
The class of 2016
42%
of the 981 companies in this sector incorporated in 2016 are still active today; 53% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 54 titles
- Freehold
- 52
- Leasehold
- 2
- Most recent registration
- 2019-05-20
- Price paid, where recorded
- £13,608,750
- Where
- Reading (43), West Berkshire (10), Wokingham (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| BK162789 | Reading | Freehold | 2019-05-20 | — |
| BK479343 | Reading | Freehold | 2019-05-01 | — |
| BK369776 | Reading | Freehold | 2019-03-21 | £250,000 |
| BK481489 | Reading | Freehold | 2019-03-01 | £298,000 |
| BK270473 | Reading | Freehold | 2019-02-19 | £240,000 |
| BK70565 | Reading | Freehold | 2019-02-11 | £300,000 |
| BK274700 | Reading | Freehold | 2019-02-08 | £343,500 |
| BK71425 | Reading | Freehold | 2019-02-08 | £285,000 |
| BK243287 | West Berkshire | Freehold | 2019-01-31 | £342,500 |
| BK63887 | Reading | Freehold | 2019-01-15 | £285,000 |
| BK17757 | West Berkshire | Freehold | 2018-12-19 | £310,000 |
| BK197727 | Reading | Freehold | 2018-12-19 | £337,000 |
| BK27039 | Reading | Freehold | 2018-12-19 | £300,000 |
| BK227758 | Reading | Freehold | 2018-12-18 | £305,000 |
| BK496785 | Reading | Freehold | 2018-12-11 | £340,000 |
| BK496750 | Reading | Freehold | 2018-12-10 | — |
| BK496751 | Reading | Freehold | 2018-12-10 | £320,000 |
| BK496752 | Reading | Freehold | 2018-12-10 | £320,000 |
| BK496446 | Reading | Freehold | 2018-11-21 | £170,000 |
| BK183181 | Reading | Freehold | 2018-11-19 | £265,000 |
Showing 20 of 54.
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.