{"name":"HOMES FOR READING LTD","company_number":"10108064","status":"Active","type":"Private Limited Company","incorporated":"2016-04-06","dissolved":null,"registered_office":"Civic Offices, Bridge Street, Reading, England, RG1 2LU","postcode":"RG1 2LU","sic_codes":[{"code":55900,"description":"Other accommodation"},{"code":68100,"description":"Buying and selling of own real estate"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Small","year_end":"31 March","last_made_up_to":"2026-03-31","next_due":"2027-12-31"},"employees":{"count":5,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","net_assets":5203557,"cash":56267,"average_employees":5},{"financial_date":"2025-03-31","net_assets":5363649,"cash":376610,"average_employees":5},{"financial_date":"2024-03-31","net_assets":5411982,"cash":386576,"average_employees":5},{"financial_date":"2023-03-31","net_assets":5151309,"cash":388460},{"financial_date":"2022-03-31","net_assets":4783681,"cash":278828}],"officers":{"current":11,"resigned":14,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Homes for Reading Ltd is a wholly-owned subsidiary of Reading Borough Council operating a £26.2M investment property portfolio with £23.9M of secured intercompany debt. While net assets have grown steadily to £5.36M, the company exhibits deeply negative working capital, thin cash reserves, and 91% loan-to-value gearing, making it entirely dependent on parent support for going concern viability. Any credit facility should be conditional on a formal guarantee from Reading Borough Council and clarity on debt senioriority.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/homes-for-reading","people":"https://www.companiesintheuk.co.uk/company/homes-for-reading/people","filing_history":"https://www.companiesintheuk.co.uk/company/homes-for-reading/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/10108064","financials":"https://www.companiesintheuk.co.uk/company/homes-for-reading/financial","control":"https://www.companiesintheuk.co.uk/company/homes-for-reading/control","charges":"https://www.companiesintheuk.co.uk/company/homes-for-reading/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/homes-for-reading/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/homes-for-reading"}