The Firmwatch take
Reading Asia Holdings Limited (09402921) currently shows: Watch signal detected, based on accounts to 30 June 2025; last refreshed 24 May 2026. Negative working capital — extracted from the latest filed accounts.
Companies House source·Accounts to 30 Jun 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
23 January 2015
11 years on the register
Sector
Head office activities
SIC 70100
Size
Not classified
Net assets
£750k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Address pattern · W1T 7NF
1,393 other UK companies are registered at this postcode — a high-volume registered-office service. Treat as a flag, not a verdict.
Active
1,346
Dissolved
18
Strike-off action
28
Sector benchmark · Head Offices
How this company compares in 9,468 filers in this sector
Top 10% in sector — Reading Asia Holdings Limited shows £750k in net assets. Sector median is £10k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£750k
Top 10% in sector · sector median £10k · 9,468 filers in this sector
Cash
Not disclosed
Working cap.
−£27m
Median £5k
Current ratio
—
Signals · 2
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
People
Who runs this company
- PN
PIEMPONGSANT, Npairoj
director · since 2016
Registered office
Address intelligence
1,393 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.