Reef App Ltd
12196974
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/09/2024
total exemption full
Next accounts due
30/06/2026
Confirmation statement
Last: 06/07/2025
Due 20/07/2026
Industry
Officers
director · Since 09/09/2019
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 36
Also on 3 other boards
Persons with Significant Control
Mr James Coughlan
British · England · Age 36
1 Sopwith Crescent, Hurricane Way, Wickford, SS11 8YU
Notified 09/09/2019
Charges1 outstanding
FYI LOAN L.P. ACTING BY ITS GENERAL PARTNER FYI LOAN GP LIMITED
CompanyRankvs 6558+ SIC 63120 peers28
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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.
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 30/09/2024
Net Worth
-£464k
Balance sheet strength
Cash
£80
Cash in the bank
Net Current Assets
-£465k
Working capital
Current Assets
£38k
Current Liabilities
£502k
Fixed Assets
£832
Debtors
£38k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.08 |
| 2023 | 0.07 |
| 2022 | 0.10 |
| 2021 | 0.91 |
Derived from filed accounts. Not audited figures.