READER ELECTRICAL ENGINEERING LTD
Company number 04644809 · Monitor this company
Executive summary
Reader Electrical Engineering Ltd is operationally active but suffering from a critical liquidity strain, evidenced by an 84% drop in cash over two years while trade debtors have nearly doubled. Although net assets remain stable and long-term debt has been reduced, the business is failing to convert sales into cash, resulting in dangerously low cash reserves and anemic profitability. Immediate intervention in credit control and debt collection is essential to prevent potential insolvency despite the company's technical solvency.
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
- 01945700501, 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 76 similar companies in PE, trading since 2003
Competitors Peterborough
This company ranks 34 among repair of electrical equipment in Peterborough.
The class of 2003
38%
of the 163,090 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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