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Reeves Independent Limited

11751772

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

PARK VIEW HOUSE FRONT STREET, NEWCASTLE UPON TYNE, NE7 7TZ
Incorporated 07/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Andrew Hall

secretary · Since 27/02/2026

Mr Mark Blakelock

director · Since 27/02/2026

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Michael Paul Stirrup

director · Since 27/02/2026

BRITISH · UNITED KINGDOM · Age 47

Also on 3 other boards

Persons with Significant Control

Reeves Group Holdings Limited

75–100% shares

2nd Floor Park View House, Front Street, Newcastle Upon Tyne, NE7 7TZ

Reg: 12337395 · England And Wales Companies Registry · Limited Company

Notified 28/03/2022

Former PSCs

Mr Nigel Reeves

Ceased 28/03/2022

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 22/12/2023Registered 02/01/2024
Charge
outstanding

LLOYDS BANK PLC

Created 22/12/2023Registered 02/01/2024

CompanyRankvs 1326+ SIC 64999 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.12× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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.

Longevity7/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£8.5M

Annual revenue

Net Worth

£3.1M

Balance sheet strength

Cash

£537k

Cash in the bank

Profit Before Tax

£2.8M

Bottom line earnings

Net Current Assets

£2.4M

Working capital

Current Assets

£3.5M

Current Liabilities

£1.1M

Fixed Assets

£1.6M

Debtors

£3.0M

Gross Profit

£8.5M

Admin Expenses

£5.7M

Operating Profit

£2.9M

Profit After Tax

£2.1M

84avg. employees-20

Tax at Year End

Corp tax£550k
Dividends paid-£1.5M

Balance Sheet

Bank loans & overdrafts£47k
Assets less current liabilities£4.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20243.12+£884k
20232.15+£571k
20223.23+£669k
20212.49+£643k
20201.72+£324k
2019142.05

Derived from filed accounts. Not audited figures.