Back to search

Longreach Ltd

12891816

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

1 MAIDEN STREET, NEWCASTLE UPON TYNE, NE4 7AQ
Incorporated 21/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Michael Robert Muxworthy

director · Since 21/09/2020

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 40

Also on 6 other boards

Mr Richard Oliver Muxworthy

director · Since 21/09/2020

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 38

Also on 3 other boards

Mr Robert Duguid Muxworthy

director · Since 21/09/2020

CONSULTANT

BRITISH · UNITED KINGDOM · Age 72

Also on 1 other board

Persons with Significant Control

Mr Robert Duguid Muxworthy

25–50% shares
25–50% votes

British · United Kingdom · Age 72

1 Maiden Street, Newcastle Upon Tyne, NE4 7AQ

Notified 21/09/2020

Mr Michael Robert Muxworthy

25–50% shares
25–50% votes

British · United Kingdom · Age 40

1 Maiden Street, Newcastle Upon Tyne, NE4 7AQ

Notified 21/09/2020

Mr Richard Oliver Muxworthy

25–50% shares
25–50% votes

British · United Kingdom · Age 38

1 Maiden Street, Newcastle Upon Tyne, NE4 7AQ

Notified 21/09/2020

CompanyRankvs 792+ SIC 46520 peers
73

Financial strength85th percentile among SIC peers · 21/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.94× · 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 strength21/25 pts

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

Employees11/15 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 30/09/2024

Net Worth

£263k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£161k

Working capital

Current Assets

£244k

Current Liabilities

£83k

Fixed Assets

£134k

3avg. employees

Balance Sheet

Assets less current liabilities£295k
Signed by Mr M R Muxworthy 30 June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.94+£66k
20239.09+£82k
20226.74+£83k
20215.34

Derived from filed accounts. Not audited figures.