Ix Reach Ltd
05172804
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/04/2019
CHIEF EXECUTIVE
FRENCH · UNITED ARAB EMIRATES · Age 43
Also on 3 other boards
Persons with Significant Control
Ixr Holdings Limited
Southgate 2, 321 Wilmslow Road, Cheadle, SK8 3PW
Reg: 08293649 · Companies House · Private Limited Company
Notified 06/04/2016
Former PSCs
Mr Al Burgio
Ceased 23/01/2017
Allegro Technology Investments Limited
Ceased 23/01/2017
Mr Stephen James Wilcox
Ceased 07/10/2017
Charges0 outstanding
TRIPLEPOINT CAPITAL LLC
CompanyRankvs 1841+ SIC 61100 peers50
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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 31/12/2022
Net Worth
-£1.3M
Balance sheet strength
Cash
£286k
Cash in the bank
Net Current Assets
-£1.3M
Working capital
Current Assets
£4.3M
Current Liabilities
£5.6M
Fixed Assets
£54k
Debtors
£4.0M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2022 | 0.76 |
| 2020 | 1.05 |
| 2019 | 1.46 |
| 2018 | 1.73 |
Derived from filed accounts. Not audited figures.