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Chain Reaction Limited

02531335

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

1105 CHRISTCHURCH ROAD, BOURNEMOUTH, BH7 6BQ
Incorporated 15/08/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Dr Nicholas Peter Diamond

director · Since 15/08/1991

MEDICAL DOCTOR / CORPORATE DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 4 other boards

Persons with Significant Control

Dr Nicholas Peter Diamond

Significant control

British · England · Age 66

1105, Christchurch Road, Bournemouth, BH7 6BQ

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

CAVENDISH WHITE LIMITED

Created 28/09/1999Registered 02/10/1999Satisfied 23/04/2025

CompanyRankvs 40597+ SIC 62012 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.2× · 2/20
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 strength0/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 31/08/2024

Net Worth

-£725k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£161k

Working capital

Current Assets

£41k

Current Liabilities

£202k

Fixed Assets

£10

0avg. employees

Balance Sheet

Assets less current liabilities-£161k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20-£68k
20230.19-£60k
20220.07-£1.1M
20210.06+£51k
20200.01+£54k
20190.01+£51k
20180.01

Derived from filed accounts. Not audited figures.