Ree Automotive Uk Limited
13039453
Notable Risks
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 22/10/2025
Due 05/11/2026
Industry
Officers
Persons with Significant Control
Ree Automotive Ltd
Kibbutz, Kibbutz Galilyam, Galilyam
Reg: 514557339 · Israel · Limited Company
Notified 06/02/2023
Insolvency History1 case
Martyn Rickels (practitioner) · Thomas Bowes (practitioner)
CompanyRankvs 91+ SIC 29100 peers53
Show leaderboard
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
Going concern doubt: -10 pts
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
an adequate level of financing needed for the long-term operational and production activities. These conditions raise substantial doubts about the parent company's ability to continue as a going concern. REE AUTOMOTIVE UK LIMITED STRATEGIC REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 - 2 - REE’s utilization of its UK Integration Center and the UK Engineering Center are and wil
Key FinancialsYear ending 31/12/2024
Net Worth
£10.0M
Balance sheet strength
Cash
£165k
Cash in the bank
Profit Before Tax
-£2.0M
Bottom line earnings
Net Current Assets
£10.1M
Working capital
Current Assets
£14.6M
Current Liabilities
£4.6M
Fixed Assets
£15.2M
Debtors
£14.5M
Cost of Sales
£1.7M
Admin Expenses
£5.0M
Profit After Tax
-£1.7M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.19 | +£3.9M |
| 2022 | 2.87 | +£5.6M |
| 2021 | 0.99 | — |
Derived from filed accounts. Not audited figures.