Reformed It Limited
12132045
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/08/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 1 other board
Persons with Significant Control
Scott Robert Lynam
British · United Kingdom · Age 34
10, Farrington Way, Eastwood, NG16 3BF
Notified 31/07/2019
Joseph Burns
British · England · Age 43
10, Farrington Way, Eastwood, NG16 3BF
Notified 25/08/2019
Joseph Thomas Miller
British · England · Age 34
10, Farrington Way, Eastwood, NG16 3BF
Notified 25/08/2019
CompanyRankvs 55407+ SIC 62020 peers57
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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 31/03/2025
Net Worth
£7k
Balance sheet strength
Cash
£270k
Cash in the bank
Net Current Assets
-£8k
Working capital
Current Assets
£308k
Current Liabilities
£315k
Fixed Assets
£18k
Debtors
£38k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.98 | -£34k |
| 2024 | 1.05 | -£105k |
| 2023 | 1.40 | +£121k |
| 2022 | 1.04 | +£22k |
| 2021 | 1.22 | — |
| 2020 | 0.92 | — |
Derived from filed accounts. Not audited figures.