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Reachfar Limited

11247711

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

C/O PALMER RILEY & CO 1ST FLOOR UNIT E2, FAREHAM, PO16 8XT
Incorporated 10/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Ian Leslie Southwell

director · Since 10/03/2018

BUILDER

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Mrs Paula Eva Southwell

director · Since 10/03/2018

SECRETARY

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Ian Leslie Southwell

25–50% shares
25–50% votes
Appoint directors

British · England · Age 62

C/O Palmer Riley & Co, 1st Floor Unit E2, Fareham, PO16 8XT

Notified 10/03/2018

Mrs Paula Eva Southwell

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 56

C/O Palmer Riley & Co, 1st Floor Unit E2, Fareham, PO16 8XT

Notified 10/03/2018

Charges4 outstanding

Charge
outstanding

PENINSULA FINANCE PLC

Created 21/03/2025Registered 25/03/2025
Charge
outstanding

PENINSULA FINANCE PLC

Created 21/03/2025Registered 25/03/2025
Charge
outstanding

PENINSULA FINANCE PLC

Created 12/11/2021Registered 15/11/2021
Charge
outstanding

PENINSULA FINANCE PLC

Created 12/11/2021Registered 15/11/2021

CompanyRankvs 10972+ SIC 41100 peers
61

Financial strength72th percentile among SIC peers · 18/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 3.7× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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10972Reachfar Limited
71
How is this score calculated?
Financial strength18/25 pts

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

Employees10/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£36k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£195k

Working capital

Current Assets

£267k

Current Liabilities

£72k

Fixed Assets

£176k

2avg. employees

Balance Sheet

Assets less current liabilities£371k
Signed by 11247711 2024-04-01 2025-03-31 11247711 2025-03-31 11247711 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.70-£60k
20240.73-£76k
20231.21-£10k
20222.20+£192k
20211.06-£9k
20201.00—

Derived from filed accounts. Not audited figures.