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Latest News – Readie Construction Ltd

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We have confirmed that Readie Construction Ltd entered Administration

Readie focused on projects that valued between £5m – £100m, primarily in the industrial and commercial sectors. The company has been running for 16 years and according to the last accounts for the trading year ending 31st March 2023 had a pre-tax profit of £ 1.73 million & turned over £421 million. According to the accounts, the business transferred ownership to an EOT (Employee Ownership Trust) in March 2021.

Over the past 11 months, we have sent 9 early warnings to our Top Service members regarding potential cash flow issues. These warnings are based on our trading experiences, which are exclusively available to our Top Service members. Our specialism in the construction industry is what sets us apart from traditional credit reference agencies. Our information enables our members to make the most informed credit decisions.