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Reachprime Limited

02460528

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

101 NEW CAVENDISH STREET, LONDON, W1W 6XH
Incorporated 17/01/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Simon Paul Sterling

director · Since 17/01/1993

PROPERTY INVESTMENT DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Daniel Sterling

secretary · Since 23/09/2008

BRITISH

Persons with Significant Control

Mr Simon Sterling

50–75% shares

British · England · Age 65

101, New Cavendish Street, London, W1W 6XH

Notified 06/04/2016

Former PSCs

Mr Richard Sterling

Ceased 17/01/2026

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 11/03/2022Registered 21/03/2022
Charge
satisfied

HSBC BANK PLC AS LENDER

Created 28/03/2017Registered 30/03/2017Satisfied 14/04/2020
charge
satisfied

COUTTS & COMPANY

Created 12/11/2002Registered 20/11/2002Satisfied 14/04/2020
charge
satisfied

COUTTS & COMPANY

Created 09/07/2002Registered 10/07/2002Satisfied 14/04/2020
charge
satisfied

ANGLO IRISH BANK CORPORATION PLC

Created 27/04/2001Registered 02/05/2001Satisfied 14/04/2020
charge
satisfied

ANGLO IRISH BANK CORPORATION PLC

Created 27/04/2001Registered 01/05/2001Satisfied 14/04/2020

CompanyRankvs 5163+ SIC 41100 peers
67

Financial strength99th percentile among SIC peers · 25/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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77
How is this score calculated?
Financial strength25/25 pts

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

Employees10/15 pts

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

Liquidity12/20 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 30/06/2025

Net Worth

£9.0M

Balance sheet strength

Cash

£346k

Cash in the bank

Net Current Assets

£756k

Working capital

Current Assets

£15.6M

Current Liabilities

£14.8M

Fixed Assets

£8.7M

Debtors

£10.5M

2avg. employees

Tax at Year End

Corp tax£129k

Balance Sheet

Assets less current liabilities£9.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.05+£0
20251.05+£711k
20241.00+£198k
20230.90+£332k
20220.89+£419k
20210.82+£229k
20201.06+£271k
20191.52+£1.9M
20170.76—

Derived from filed accounts. Not audited figures.