The Mike Reed Partnership Limited
02238674
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 31/08/1991
BRITISH · UNITED KINGDOM · Age 70
Also on 3 other boards
director · Since 31/08/1991
SECRETARY/COMPANY DIRECTOR
BRITISH · ENGLAND · Age 70
Also on 3 other boards
Persons with Significant Control
Mrs Penelope Jane Reed
British · England · Age 70
36, Crossbush Road, Bognor Regis, PO22 7LT
Notified 31/08/2016
Mr Stephen Michael Hayden Reed
British · England · Age 75
36, Crossbush Road, Bognor Regis, PO22 7LT
Notified 31/08/2016
CompanyRankvs 113355+ SIC 70229 peers45
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/04/2025
Net Worth
-£19k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£6k
Current Liabilities
£25k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.25 | -£7k |
| 2024 | 0.56 | +£9k |
| 2023 | 0.33 | -£15k |
| 2022 | 0.70 | -£14k |
| 2021 | 2.29 | -£9k |
| 2020 | 9.69 | +£997 |
| 2019 | 1.46 | — |
| 2018 | 1.02 | — |
Derived from filed accounts. Not audited figures.