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Reactive Engineering Ltd

07153575

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O VALENTINE & CO GALLEY HOUSE, BARNET, EN5 5YL
Incorporated 10/02/2010

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

27/06/2025

Overdue

Confirmation statement

Last: 26/09/2024

Due 10/10/2025

Overdue

Industry

45310
Wholesale trade of motor vehicle parts and accessories
45320
Retail trade of motor vehicle parts and accessories
45400
Sale, maintenance and repair of motorcycles and related parts and accessories

Officers

Mr Steven William Heneghan

director · Since 10/02/2010

MOTORCYCLE RACER

IRISH · UNITED KINGDOM · Age 49

Also on 4 other boards

Persons with Significant Control

Mr Steven William Heneghan

25–50% shares
25–50% votes

Irish · United Kingdom · Age 49

C/O Valentine & Co, Galley House, Barnet, EN5 5YL

Notified 06/04/2016

Mrs Alexandra Anne Heneghan

25–50% shares
25–50% votes

British · United Kingdom · Age 46

C/O Valentine & Co, Galley House, Barnet, EN5 5YL

Notified 01/02/2021

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/11/2015Registered 10/11/2015Satisfied 17/01/2018

Insolvency History1 case

creditors voluntary liquidation04/09/2025

Mark Reynolds (practitioner)

CompanyRankvs 15+ SIC 45310 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.34× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

£1.4M

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.9M

Current Liabilities

£576k

Fixed Assets

£309k

Debtors

£1.1M

10avg. employees

Tax at Year End

Corp tax£9k

Balance Sheet

Bank loans & overdrafts£85k
Assets less current liabilities£1.7M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20233.34+£305k
20225.86+£151k
20213.15

Derived from filed accounts. Not audited figures.