Reapsource Ltd
10438737
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 19/10/2025
Due 02/11/2026
Industry
Officers
director · Since 23/12/2024
DIRECTOR
BRITISH · ENGLAND · Age 52
Also on 2 other boards
Former
director · Resigned 01/08/2021
director · Resigned 06/05/2024
director · Resigned 23/12/2024
Persons with Significant Control
Mrs Abiola Osinuga
British · England · Age 52
Innovation Centre Medway, Maidstone Road, Chatham, ME5 9FD
Notified 20/10/2016
Former PSCs
Mr Joshua Westog
Ceased 01/08/2021
Change History
Active
Private Limited Company
INNOVATION CENTRE MEDWAY
CHATHAM
CompanyRankvs 64320+ SIC 62020 peers48
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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 31/10/2024
Net Worth
£35k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£24k
Working capital
Current Assets
£2
Current Liabilities
£24k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£8k |
| 2023 | 0.00 | — |
Derived from filed accounts. Not audited figures.