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Reel Enterprise Ltd

08996543

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

102-104 BURNLEY ROAD, BURNLEY, BB12 8QN
Incorporated 14/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Raheel Arshad

director · Since 14/04/2014

ENTREPRENEUR

PAKISTANI · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Raheel Arshad

75–100% shares

Pakistani · England · Age 42

102-104, Burnley Road, Burnley, BB12 8QN

Notified 06/04/2016

CompanyRankvs 8687+ SIC 47190 peers
57

Financial strength2th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.62× · 16/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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.

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

Key FinancialsYear ending 30/04/2024

Net Worth

-£163k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£72k

Working capital

Current Assets

£186k

Current Liabilities

£114k

Fixed Assets

£18k

6avg. employees-1

Balance Sheet

Assets less current liabilities£89k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20241.62-£19k
20231.99-£16k
20222.02-£29k
202110.05

Derived from filed accounts. Not audited figures.