Reach Europe Ltd
02822455
Healthy
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 28/05/2026
Due 11/06/2027
Industry
Officers
CompanyRankvs 218+ SIC 61900 peers75
Show leaderboard
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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Net Worth
£30.6M
Balance sheet strength
Cash
£46k
Cash in the bank
Profit Before Tax
-£16k
Bottom line earnings
Net Current Assets
£38k
Working capital
Current Assets
£48k
Current Liabilities
£10k
Debtors
£2k
Admin Expenses
£16k
Operating Profit
-£16k
Profit After Tax
-£16k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.67 | +£0 |
| 2023 | 6.72 | +£0 |
| 2022 | 8.39 | +£0 |
| 2021 | 1.75 | +£0 |
| 2020 | 2.02 | +£0 |
| 2019 | 2.14 | +£0 |
| 2018 | 2.22 | — |
Derived from filed accounts. Not audited figures.