Reachit Ltd
10284169
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Miss Arancha Malik
Spanish · United Kingdom · Age 32
3rd Floor 86-90, Paul Street, London, EC2A 4NE
Notified 10/10/2018
Former PSCs
Mr Navin Randhawa
Ceased 31/07/2017
Mr Shaun Randhawa
Ceased 04/10/2018
CompanyRankvs 95340+ SIC 62020 peers33
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2025
Net Worth
-£54k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£54k
Working capital
Current Assets
£172
Current Liabilities
£54k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | -£11k |
| 2024 | 0.00 | -£21k |
| 2023 | 0.00 | -£14k |
| 2022 | 0.51 | -£10k |
| 2021 | 0.98 | — |
Derived from filed accounts. Not audited figures.