PETE READ LIMITED

Company number 08002890 · Active

PETE READ LIMITED is a private limited company registered in WIMBORNE, United Kingdom, incorporated on 23 Mar 2012. Its registered activity is electrical installation. Its latest published accounts for the period ending 31 Mar 2025 show equity of £129, total assets of £40k. It has filed 6 sets of accounts. Our model estimates a 0.14 % probability that it becomes insolvent within 12 months, 1.2 times the average for active companies (medium risk).

Insolvency risk, next 12 months

0.14 %
Medium risk
Lowest riskHighest risk

Higher than 93 % of active companies in the United Kingdom. 1.2× the average annual insolvency rate (0.12 %).

Raises the risk

Cash ÷ assets3.7×0.00304687–0.0300733 · 0.44 % became insolvent
Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Current liabilities ÷ assets2.9×0.523499–0.961567 · 0.33 % became insolvent
Equity ratio2.8×-0.882818–0.00404851 · 0.33 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent

Lowers the risk

Accounts filed0.3×≥ 6 · 0.04 % became insolvent
Equity (signed log)0.6×0.30103–3.52776 · 0.07 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
08002890 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
23 Mar 2012 (15 years)
Registered address
BH21 1JS WIMBORNE
Postcode area
Bournemouth
Activity
43210 Electrical installation
Industry
Specialised construction activities
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Mar 202515 Dec 2025– –£129£40k £28k£6791
31 Mar 202415 Dec 2024– –£171£32k £19k£7,8281
31 Mar 202315 Dec 2023– –£4,050£26k £15k£7511
31 Mar 202215 Dec 2022– –£1,341£29k £20k£6,4751
31 Mar 202115 Dec 2021– –£3,203£30k £15k£5,0481
31 Mar 202015 Nov 2020– –£2,893£16k £13k£2,6841

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Bournemouth

Questions about PETE READ LIMITED

What is the company number of PETE READ LIMITED?

PETE READ LIMITED is registered under company number 08002890 in the official register of United Kingdom. View it at the official register.

Is PETE READ LIMITED still active?

Yes. PETE READ LIMITED is registered as active (status: Active).

Has PETE READ LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for PETE READ LIMITED in the official data.

How likely is PETE READ LIMITED to become insolvent?

Our model estimates a 0.14 % probability that PETE READ LIMITED becomes insolvent within the next 12 months (medium risk). That is higher than 93 % of active companies in the United Kingdom.

When was PETE READ LIMITED founded?

PETE READ LIMITED was incorporated on 23 Mar 2012.

Where is PETE READ LIMITED registered?

PETE READ LIMITED's registered address is in BH21 1JS WIMBORNE (Bournemouth), United Kingdom.

What do the latest accounts of PETE READ LIMITED show?

The latest published accounts (period ending 31 Mar 2025) show equity of £129, total assets of £40k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.