Company Overview
Readytac Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 02 November 2000, so this is a well established company. Readytac Ltd has been in business for 25 years and 5 months. The accounts status is micro entity and the accounts are next due on Wednesday 31 December 2025.
Registered Address

97-99 Park Street, Luton, LU1 3HG
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Companies House Data
Company NameREADYTAC LTD
Company Number04101414
Registered Office Address97-99 Park Street
 LU1 3HG
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date02/11/2000
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/03/2026
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date08/01/2017
Returns Last Made Up Date11/12/2015
Directors & Members
Show Resigned
Hassnain Zaidi - Director
(British, 60 years old, born December 1966)
Appointed 30 August 2019
 Active
Mohammed Zaidi - Director
(British, 41 years old, born January 1985)
Appointed 05 January 2015
 Active
Secretaries
Show Resigned
Other Company Directorships
Hassnain Zaidi
AHLEBAIT (UK) LTD
AHLEBAIT FOUNDATION
AHLEBAIT TV LIMITED
AHLEBAIT TV NETWORKS
BRITANNIA COLLEGE OF SCIENCE & TECHNOLOGY LTD
BRITANNIA COLLEGE OF SCIENCE LTD
BRITANNIA COLLEGE OF TECHNOLOGY LTD
BRITANNIA SCHOOL LTD
BRITANNIA SCIENCE COLLEGE LTD
BRITANNIA SCIENCE SCHOOL LTD
FAIRFIELD ACADEMY PVT LTD
FAIRFIELD SCHOOL OF BUSINESS LTD
GUCAAI LTD
I14NEWS LTD
L C COLLEGE LTD
LONDON COMMUNITY COLLEGE
LONDON SCHOOL OF SCIENCE & TECHNOLOGY LIMITED
LONDON SCIENCE & TECHNOLOGY PUBLISHER LTD
MERRYDEAN LIMITED
ZABS GROUP LTD
Mohammed Zaidi
ZAIDI LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2019 31-Mar-2018
Balance Sheet
Fixed Assets 22,491 22,491 28,114
Current Assets 63,165 63,165 86,242
Creditors Due Within One Year 7,407 7,407 42,968
Working Cap 55,758 55,758 43,274
Total Assets Less Current Liabilities 78,249 78,249 71,388
Long-term Liabilities 0 0 0
Net Assets 78,249 78,249 71,388
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 78,249 78,249 71,388
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2019 31-Mar-2018
Tangible Fixed Assets - - -
Fixed Assets 26.3% 26.3% 24.6%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 73.7% 73.7% 75.4%
Creditors Due Within One Year 8.6% 8.6% 37.6%
Net Current Assets Liabilities 65.1% 65.1% 37.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 91.4% 91.4% 62.4%
Capital Employed - - -
Total Assets Less Current Liabilities 91.4% 91.4% 62.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2019 31-Mar-2018
Liquidity Ratio 8.5 8.5 2.0
Solvency Ratio 11.6 11.6 2.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 4
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2019 31-Mar-2018
Assets 85,656 85,656 114,356
Debt 7,407 7,407 42,968
Net Assets/Debt 78,249 78,249 71,388

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 31 May 2025 with updates
Confirmation statement made on 31 May 2024 with no updates
Change of details for Mr Syed Baqar Abbas Zaidi as a person with significant control on 13 May 2023
Change of details for Mr Syed Baqar Abbas Zaidi as a person with significant control on 13 May 2023
Change of details for Mr Syed Baqar Abbas Zaidi as a person with significant control on 14 May 2023
Confirmation statement made on 31 May 2023 with updates
Change of details for Mr Syed Baqar Abbas Zaidi as a person with significant control on 13 May 2023
Register inspection address has been changed from Alperton House Bridgewater Road Wembley Middx HA0 1EH England to 97-99 Park Street Luton Bedfordshire LU1 3HG
Registered office address changed from 01 Park Street Luton LU1 3HN England to 97-99 Park Street Luton LU1 3HG on 30 December 2022
Registered office address changed from Office Suite 04, First Floor, Memo House, Kendal Avenue London Middx W3 0XA England to 01 Park Street Luton LU1 3HN on 28 September 2022
Confirmation statement made on 30 June 2022 with no updates
Registered office address changed from Alperton House Bridgewater Road Wembley Middx HA0 1EH England to Office Suite 04, First Floor, Memo House, Kendal Avenue London Middx W3 0XA on 28 September 2021
Confirmation statement made on 30 June 2021 with no updates
Confirmation statement made on 30 June 2020 with no updates
Confirmation statement made on 30 June 2019 with no updates
Termination of appointment of Syed Baqar Abbas Zaidi as a director on 30 August 2019
Appointment of Mrs Hassnain Zahra Zaidi as a director on 30 August 2019
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