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React Homecare Ltd

08152570

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

900 THE CRESCENT, COLCHESTER, CO4 9YQ
Incorporated 23/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Mrs Tania Lee Carmichael-Sitch

director · Since 11/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Mr Derek Mark Heasman

director · Since 11/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Miss Siobhan Kathleen Alice Morrison

director · Since 11/05/2022

GROUP CHIEF PEOPLE OFFICER

BRITISH · ENGLAND · Age 57

Also on 3 other boards

Mr Philip Brian Richards

director · Since 11/05/2022

ACCOUNTANT

BRITISH · ENGLAND · Age 63

Also on 12 other boards

Mrs Victoria Frances Ann Waldon

director · Since 11/05/2022

EXECUTIVE DIRECTOR INTEGRATED PATHWAY HU

BRITISH · ENGLAND · Age 59

Also on 12 other boards

Mr Sultan Ashmall Taylor

director · Since 02/04/2024

NON EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Persons with Significant Control

Provide Community Interest Company

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

900, The Crescent, Colchester, CO4 9YQ

Reg: 07320006 · Companies House · Community Interest Company

Notified 11/05/2022

Former PSCs

Clarity Care Group Ltd

Ceased 28/03/2019

Mrs Marie Anne Carlton

Ceased 11/05/2022

Stuart Carlton

Ceased 11/05/2022

Mrs Marie Carlton

Ceased 24/08/2021

Charges0 outstanding

Charge
satisfied

ULTIMATE INVOICE FINANCE LIMITED

Created 22/11/2016Registered 22/11/2016Satisfied 05/05/2021

CompanyRankvs 540+ SIC 88990 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.44× · 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

of these financial statements. Consequently, the Directors have concluded that there are no material uncertainties that may cast significant doubt about the Company's ability to continue as a going concern for the next 12 months from the date of approval of these financial statements. Accordingly, the going concern basis has been adopted in preparing the financial statements. 2.4 Turnover Turnover

Key FinancialsYear ending 31/03/2022

Net Worth

£2.0M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.6M

Current Liabilities

£768k

Fixed Assets

£152k

Debtors

£1.6M

189avg. employees+91

Tax at Year End

Corp tax£364k

Balance Sheet

Intangible assets£72k
Bank loans & overdrafts£10k
Assets less current liabilities£2.0M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20223.44+£835k
20212.59+£639k
20201.86+£285k
20191.14+£129k
20181.06

Derived from filed accounts. Not audited figures.