Reach Creative Communications Limited
04702304
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 14/07/2021
Persons with Significant Control
Mr Carl Mcmullen
British · England · Age 51
11, Atholl Grove, Wigan, WN3 5NA
Notified 02/10/2020
Former PSCs
Mr Andrew James Morrison
Ceased 14/07/2021
CompanyRankvs 18517+ SIC 73110 peers43
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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 31/03/2025
Net Worth
-£30k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£21k
Working capital
Current Assets
£35k
Current Liabilities
£56k
Fixed Assets
£6k
Debtors
£32k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.62 | -£2k | £9k |
| 2024 | 0.67 | -£10k | £7k |
| 2023 | 0.75 | -£16k | — |
| 2022 | 1.22 | — | — |
| 2021 | 1.01 | — | — |
| 2020 | 1.06 | — | — |
| 2019 | 1.03 | — | — |
Derived from filed accounts. Not audited figures.