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Reachswitch Limited

02256379

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

KINGS SALTERN ROAD, LYMINGTON, SO41 3QD
Incorporated 11/05/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01110
Growing of cereals (except rice), leguminous crops and oil seeds

Officers

Mrs Helen Jean Grew

director · Since 29/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 23 other boards

Mr Dylan Illingworth Richard Kalis

director · Since 29/07/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 25 other boards

Mr William Peter Rahder

director · Since 29/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Yacht Havens Limited

75–100% shares
75–100% votes
Appoint directors

Kings Saltern Road, Kings Saltern Road, Lymington, SO41 3QD

Reg: 00723135 · England And Wales Companies Registry · Private Limited Company

Notified 29/07/2019

Former PSCs

Mrs Sally Anne Pearson

Ceased 29/07/2019

Mr Michael Kenneth Pearson

Ceased 29/07/2019

Charges4 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 24/11/2020Registered 24/11/2020
Charge
outstanding

LLOYDS BANK PLC

Created 10/12/2019Registered 13/12/2019
Charge
outstanding

LLOYDS BANK PLC

Created 25/10/2019Registered 25/10/2019
Charge
outstanding

LLOYDS BANK PLC

Created 08/10/2019Registered 09/10/2019

CompanyRankvs 1356+ SIC 01110 peers
56

Financial strength47th percentile among SIC peers · 12/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 6.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength12/25 pts

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

Employees4/15 pts

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

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2019

Net Worth

£597k

Balance sheet strength

Cash

£82k

Cash in the bank

Net Current Assets

£98k

Working capital

Current Assets

£117k

Current Liabilities

£19k

Fixed Assets

£504k

Debtors

£35k

1avg. employees

Balance Sheet

Assets less current liabilities£601k
Signed by 02256379 2018-04-01 2019-03-31 02256379 2019-03-31 02256379 core:RetainedEarningsAccumulatedLosses 2019-03-31 02256379 cPrepared with Digita Accounts Production Advanced 6.24.8820.0

EstimatesDerived

YearCurrent RatioImplied Profit
20196.22+£72k
20171.10

Derived from filed accounts. Not audited figures.