Back to search

Reepel Ltd

12805606

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 39, BALTIC WORKS, SHEFFIELD, S9 3QA
Incorporated 11/08/2020

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 10/08/2025

Due 24/08/2026

On track

Industry

20590
Manufacture of other chemical products
72110
Research and experimental development on biotechnology

Officers

Dr Pratik Devang Desai

director · Since 11/08/2020

ENTREPRENEUR

INDIAN · UNITED KINGDOM · Age 37

Also on 2 other boards

Dr Andrew Brian King Ceng Phd Micheme

director · Since 11/08/2020

BUSINESS DEVELOPMENT

BRITISH · UNITED KINGDOM · Age 67

Also on 8 other boards

Prof William Bauer Jay Zimmerman

director · Since 11/08/2020

PROFESSOR

AMERICAN · UNITED KINGDOM · Age 61

Also on 3 other boards

Persons with Significant Control

Dr Pratik Devang Desai

25–50% shares
25–50% votes

Indian · United Kingdom · Age 37

Apt 133, City Lofts, Sheffield, S1 2LJ

Notified 11/08/2020

Prof William Bauer Jay Zimmerman

25–50% shares
25–50% votes

American · United Kingdom · Age 61

127 Monkswell House, Manse Lane, Knaresborough, HG5 8NQ

Notified 11/08/2020

CompanyRankvs 504+ SIC 20590 peers
52

Financial strength4th percentile among SIC peers · 1/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.98× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 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.

Longevity6/15 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 31/08/2024

Net Worth

-£154k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£14k

Current Liabilities

£5k

3avg. employees+2

Balance Sheet

Assets less current liabilities£10k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.98-£39k
20233.09-£32k
20226.02

Derived from filed accounts. Not audited figures.