Read Faster Limited
Registered name: READ FASTER LIMITED
Read Faster Limited made £34.6k revenue and a £17k loss in the year to 30 Apr 2025.
Read Faster Limited’s revenue grew 91% to £34.6k in the year to 30 Apr 2025, with a loss of £17k and 1 employee. The company is classified under “other education” and is based in Northwich; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Northwich, North West
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £12.4k | £15.3k | £18.2k | £34.6k |
| Profit after tax | −£27k | −£24.8k | −£8.2k | −£17k |
| Profit (best available) | −£27k | −£24.8k | −£8.2k | −£17k |
| Staff costs | £0 | £0 | £2.9k | £2.3k |
| Employees (average) | — | 1 | 1 | 1 |
| Ratios | ||||
| Profit margin | −217.2% | −161.5% | −45.2% | −49.1% |
| Revenue per employee | — | £15.3k | £18.2k | £34.6k |
| Profit per employee | — | −£24.8k | −£8.2k | −£17k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲23.6% | ▲18.4% | ▲90.6% |
| Headcount growth | — | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Net assets | £3.6k | £3.3k | £2.8k | £2.8k |
| Fixed assets | £3.1k | £2.9k | £2.4k | £2.6k |
| Current assets | £495 | £420 | £360 | £1.5k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −49.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £34.6k
- Revenue ÷ average employees.
- Profit per employee
- −£17k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲2%
- Now £2.8k
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲7%
- Now £2.6k
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£17k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.