Reactionless Drive Limited
05552190
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 31/10/2008
PROPERTY MANAGER
ENGLISH · ENGLAND · Age 81
Also on 15 other boards
Persons with Significant Control
Mr John Thomas Waugh
English · England · Age 81
9, Kings Avenue, Morpeth, NE61 1HX
Notified 06/04/2016
CompanyRankvs 547+ SIC 30990 peers38
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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 30/09/2024
Net Worth
-£76k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£76k
Working capital
Current Assets
£293
Current Liabilities
£76k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£1k |
| 2023 | 0.00 | -£1k |
| 2022 | 0.01 | -£6k |
| 2021 | 0.02 | — |
Derived from filed accounts. Not audited figures.