Reachora Limited
10413945
Details
Compliance
Last accounts
31/12/2022
total exemption full
Next accounts due
30/09/2024
Confirmation statement
Last: 05/10/2023
Due 19/10/2024
Industry
Officers
director · Since 05/04/2022
VENTURE CAPITALIST
BRITISH · ENGLAND · Age 59
Also on 2 other boards
Persons with Significant Control
Dr. Justin Edgar Rees Davies
British · Monaco · Age 51
Suite 4, 17 Holywell Hill, St Albans, AL1 1DT
Notified 12/02/2020
Former PSCs
Davlife Holdings Limited
Ceased 10/02/2020
Thalamus Ai Limited
Ceased 25/07/2019
Jtd Holdings Limited
Ceased 12/02/2020
Insolvency History1 case
Philip Lewis Armstrong (practitioner) · Philip James Watkins (practitioner)
CompanyRankvs 15+ SIC 63110 peers5
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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.
Risk deductions
Going concern doubt: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business , and is shown net of VAT and other
Key FinancialsYear ending 31/12/2022
Net Worth
£182
Balance sheet strength
Cash
£5.0M
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£1.6M
Fixed Assets
£52k
Debtors
£945k
Balance Sheet