READ CONSTRUCTION HOLDINGS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +6.2%

  £43,424,399 → £46,135,029

• Cash

  +21.3%

  £6,212,822 → £7,534,555

• Net assets

  +73.9%

  £2,783,198 → £4,840,837

• Employees

  +5.6%

  71 → 75

• Operating profit

  +138.3%

  £1,368,450 → £3,260,368

• Profit before tax

  +134.3%

  £1,490,998 → £3,492,700

• Wages

  +9%

  £3,116,689 → £3,397,765

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

CBSL Accountants Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Significant events

• “The year ending 31 March 2025 marked another period of solid performance for Read Construction, with turnover rising to £46.1 million, up from £43.4 million the previous year.”
• “Our financial position remains robust, underpinned by prudent fiscal management and a continued absence of external borrowings.”
• “We have continued to invest in our people and processes. Our Career Development Programme has yielded promising internal promotions, and our Apprenticeship Scheme remains active across multiple trades, ensuring a pipeline of skilled professionals for the future.”
• “Sustainability remains central to our operations. We retained all ISO accreditations, including ISO 14001, and reaffirmed our commitment to achieving net zero by 2030.”
• “Looking ahead, we have already secured over £58 million in turnover for 2025-26, with a further £28 million secured for 2026-27.”
• “We are proud to have received our latest RoSPA Gold Award, reaffirming our dedication to the highest standards of health, safety, and wellbeing across our workforce and supply chain.”
• “As the UK's first ISO 19650-accredited Principal Contractor, we remain at the forefront of Building Information Modelling (BIM).”
• “The launch of our Employee Volunteering Scheme (EVS) has been a resounding success, with over 200 hours of volunteering delivered in 2024-25.”
• “As a founding member of the Changing Streams movement, in partnership with the University of Liverpool, we are actively working to reduce plastic use in construction.”
• “BREEAM certification achieved on three major projects.”
• “Continued progress against our Net Zero 2030 roadmap, supported by our carbon consultants, Green Planet. 100% of new fleet vehicles being all zero-tailpipe emission.”
• “Our performance this year has not only delivered strong financial results but also laid the foundation for future growth. With a forward order book exceeding £86 million across 2025-27, we are well-positioned to continue delivering best value outcomes for our clients.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.