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Ereach Trading Ltd

09108516

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 3 BRINDLEY CLOSE, STAFFORD, ST16 3SU
Incorporated 30/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47540
Retail sale of electrical household appliances in specialised stores
47910
Retail sale via mail order houses or via Internet

Officers

Mr Qingjun Li

director · Since 30/06/2014

DIRECTOR

BRITISH · ENGLAND · Age 51

Persons with Significant Control

Mr Qingjun Li

75–100% shares

British · England · Age 51

Unit 3, Brindley Close, Stafford, ST16 3SU

Notified 06/04/2016

CompanyRankvs 1548+ SIC 47540 peers
44

Financial strength8th percentile among SIC peers · 2/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.97× · 6/20
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 strength2/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 30/09/2025

Net Worth

-£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£141k

Current Liabilities

£146k

Fixed Assets

£3k

2avg. employees

Tax at Year End(2021)

Corp tax£0

Director Loans(2024)

Company owes directors£44k

Balance Sheet

Assets less current liabilities-£521
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97+£0
20250.97-£31k
20241.28-£11k
20232.05-£13k
20226.55-£16k
20212.38

Derived from filed accounts. Not audited figures.