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Reach Active Properties Limited

05041696

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

PRINTING HOUSE, HARROW, HA2 0DH
Incorporated 11/02/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr John Thomas Gallagher

director · Since 26/02/2004

COMPANY DIRECTOR

IRISH · NORTHERN IRELAND · Age 58

Also on 5 other boards

Mr Seamus Andrew Gallagher

director · Since 26/02/2004

COMPANY DIRECTOR

IRISH · ENGLAND · Age 59

Also on 5 other boards

Persons with Significant Control

Reach Active Group Limited

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

Printing House 66, Lower Road, Harrow, HA2 0DH

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BRITISH LAND PROPERTY ADVISERS LIMITED

Created 28/10/2025Registered 30/10/2025
Charge
satisfied

HSBC BANK PLC

Created 29/11/2013Registered 03/12/2013Satisfied 18/11/2025
Charge
satisfied

HSBC BANK PLC

Created 12/11/2013Registered 14/11/2013Satisfied 18/11/2025

CompanyRankvs 81085+ SIC 68209 peers
36

Financial strength85th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength21/25 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Director.Conclude on the appropriateness of the Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's abil

Key FinancialsYear ending 30/04/2025

Turnover

£72k

Annual revenue

Net Worth

£273k

Balance sheet strength

Cash

£936

Cash in the bank

Net Current Assets

-£617k

Working capital

Current Assets

£129k

Current Liabilities

£746k

Fixed Assets

£1.0M

Debtors

£128k

Admin Expenses

£57k

Operating Profit

-£35k

Profit After Tax

-£31k

0avg. employees

Tax at Year End

Corp tax£100

Director Loans(2024)

Company owes directors£751

Balance Sheet

Bank loans & overdrafts£97k
Assets less current liabilities£396k
Prepared with Financials UK FRS 102

EstimatesDerived

YearCurrent RatioImplied Profit
20250.17+£0
20250.17-£31k
20240.28-£295k
20230.65+£1k
20220.64+£26k
20210.63+£63k
20200.48+£68k
20190.28+£15k
20180.23

Derived from filed accounts. Not audited figures.