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With Reason Ltd

08029899

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

LOWER GROUND FLOOR, PARK HOUSE, 16/18, LONDON, EC2M 7EB
Incorporated 13/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Jeremy Edward Charles Walters

director · Since 26/01/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 54 other boards

Sarah Durkan

secretary · Since 28/06/2024

Mr Pauric Crean

director · Since 30/04/2026

IRISH · IRELAND · Age 33

Also on 57 other boards

Mr Liam Devane

director · Since 30/04/2026

IRISH · IRELAND · Age 39

Also on 31 other boards

Mr Martin Olof Edstrom

director · Since 30/04/2026

SWEDISH · UNITED KINGDOM · Age 55

Also on 37 other boards

Persons with Significant Control

Paragon Customer Communications (London) Limited

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

Lower Ground Floor, Park House, 16/18, Finsbury Circus, London, EC2M 7EB

Reg: 02788181 · Companies House · Limited Company

Notified 26/01/2022

Former PSCs

Mr Karl Schulenburg

Ceased 26/01/2022

Made With Reason Limited

Ceased 26/01/2022

Rapid Agile Limited

Ceased 26/01/2022

Resharp Solutions Limited

Ceased 26/01/2022

Mr Michael John Dingle

Ceased 26/01/2022

Mr James Gabriel Edward Head

Ceased 26/01/2022

Charges0 outstanding

charge
satisfied

THE MAYOR AND COMMONALTY AND CITIZENS OF THE CITY OF LONDON

Created 26/11/2012Registered 01/12/2012Satisfied 16/11/2021

CompanyRankvs 730+ SIC 62020 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.5× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Longevity14/15 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

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

Going Concern Doubt

and severity of these consequences reliably, nor their impact on the financial position and results of the Company for future accounting periods. In assessing the Company's ability to continue as a going concern, the Company has considered its liquidity position. The Company has reserves to draw upon, which would be available to meet cash flow requirements. For this reason, the Directors believe i

Key FinancialsYear ending 30/04/2021

Net Worth

£1.1M

Balance sheet strength

Cash

£381k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.7M

Current Liabilities

£691k

Fixed Assets

£57k

Debtors

£1.3M

30avg. employees+9

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£1.1M
Signed by 08029899 2020-05-01 2021-04-30 08029899 2021-04-30 08029899 bus: 5 1 2021-04-30 08029899 bus:OrdinaryShareClass1 2021-04Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20212.50+£284k
20202.12+£383k
20191.68+£158k
20181.83

Derived from filed accounts. Not audited figures.