Readiride Ltd
Registered name: READIRIDE LTD
Readiride Ltd made £4.8k revenue and a £351 loss in the year to 28 Feb 2025.
Readiride Ltd’s revenue grew 4% to £4.8k in the year to 28 Feb 2025, with a loss of £351 and 1 employee. The company is classified under “freight transport by road” and is based in Reading; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Reading, South East
- Age
- 3 yrs · since 2023
- 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 | 28 Feb 2024 | 28 Feb 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £4.7k | £4.8k |
| Profit after tax | −£332 | −£351 |
| Profit (best available) | −£332 | −£351 |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | −7.1% | −7.3% |
| Revenue per employee | £4.7k | £4.8k |
| Profit per employee | −£332 | −£351 |
| Growth (year on year) | ||
| Revenue growth | — | ▲3.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £0 | −£683 |
| Fixed assets | £0 | £0 |
| Current assets | £0 | £0 |
| Source | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- −7.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £4.8k
- Revenue ÷ average employees.
- Profit per employee
- −£351
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- 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
- —
- Now −£683
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now £0
Sources
Latest figures from FullAccounts for the year to 28 Feb 2025 (profit −£351), from the Companies House accounts bulk data published Nov 2025. 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.