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Reef Automation Limited

02075199

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT 2 MAYFAIR IND EST, CHELMSFORD, CM3 6LF
Incorporated 18/11/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Taylor And Davis Limited

secretary · Since 07/03/2018

Mr Alex David Smith

director · Since 19/02/2024

ENGINEER

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Alex David Smith

50–75% shares
50–75% votes

British · England · Age 51

Unit 2 Mayfair Ind Est, Chelmsford, CM3 6LF

Notified 06/04/2016

Former PSCs

Mr Anthony Robert Edmans

Ceased 15/01/2025

Mr David Norman Rogers

Ceased 16/06/2018

Mrs Susan Rogers

Ceased 03/07/2025

CompanyRankvs 1539+ SIC 28990 peers
53

Financial strength8th percentile among SIC peers · 2/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.98× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

-£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£16k

Working capital

Current Assets

£33k

Current Liabilities

£16k

Fixed Assets

£11k

Debtors

£24k

1avg. employees

Balance Sheet

Assets less current liabilities£27k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.98+£0
20251.98-£25k
20241.19-£7k
20231.46
20221.46
20212.47

Derived from filed accounts. Not audited figures.