READER ELECTRICAL ENGINEERING LTD
Company number 04644809 · Monitor this company
Executive summary
Reader Electrical Engineering Ltd is a long-established electrical contractor showing concerning financial deterioration, with net assets declining 18.9% from their 2023 peak and a likely loss in the latest year. While the cash position has improved significantly to £19,243 and non-current liabilities have been cleared, the marginal current ratio of 1.18, reduced workforce (5 to 3 employees), and 60% drop in debtors suggest a contracting business. Any credit facility should be conditional on personal guarantees from the controlling shareholder, limited in size relative to the thin equity base, and subject to quarterly monitoring of trading performance.
Shareholders' funds
£19,274
Balance sheet as at 2026-01-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-01-22
- Employees
- 3 (2026 accounts · was 5 in 2025)
- Registered office
- Sunrise, Back Road, Murrow, Parson Drove, Wisbech, Cambridgeshire, PE13 4JW
- Postcode
- PE13 4JW
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2026-01-31
- Next due by
- 2027-10-31
- Financial year end
- 31 January
Confirmation statement
- Last statement dated
- 2026-01-22
- Next due by
- 2027-02-05
Nature of business (SIC)
- 33140 Repair of electrical equipment
- 33200 Installation of industrial machinery and equipment
- 43210 Electrical installation
Officers 2 current · 1 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA669807 (Tier 1), registered since 2020.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- readerelectrical.co.uk
- Phone
- 01945 700501, 07711985846
For Refurbishments and rewiring, Domestic, industrial and commercial electrical installations call 07711985846 or contact us via our form.
Among its peers
Among the oldest 25%
of 75 similar companies in PE, trading since 2003
Competitors Peterborough
This company ranks 35 among repair of electrical equipment in Peterborough.
The class of 2003
38%
of the 163,089 companies incorporated in 2003 are still active today; 59% have since been dissolved.
A fact about the year, not a forecast for this company.
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