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Reach Alternative Education Sw Limited

11032008

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

HIRST COTTAGE MIDDLE STREET, MARTOCK, TA12 6LL
Incorporated 25/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr Danyel Morley Palmer

director · Since 25/10/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 4 other boards

Persons with Significant Control

Mr Danyel Morley Palmer

75–100% shares
75–100% votes
Appoint directors

British · England · Age 49

Hirst Cottage, Middle Street, Martock, TA12 6LL

Notified 25/10/2017

CompanyRankvs 15112+ SIC 85590 peers
57

Financial strength6th percentile among SIC peers · 2/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.54× · 16/20
Longevity9 years trading (max 15) · 9/15
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.

Employees15/15 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.

Longevity9/15 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 31/12/2024

Net Worth

-£20k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£88k

Working capital

Current Assets

£249k

Current Liabilities

£162k

Fixed Assets

£20k

Debtors

£241k

43avg. employees

Tax at Year End(2019)

Corp tax£14k
VAT£59k

Director Loans(2019)

Company owes directors£6k

Balance Sheet

Intangible assets£2k
Bank loans & overdrafts£124k
Assets less current liabilities£108k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.54-£45k
20231.11+£29k
20221.01+£60k
20210.87-£75k
20201.11+£141k
20190.83-£174k£1.2M
2018-0.46

Derived from filed accounts. Not audited figures.