Reach Systems Limited
14427637
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/10/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 1 other board
Persons with Significant Control
Audipudi Holdings Limited
4, Aztec Row, London, N1 0PW
Reg: 16532569 · Companies House · Limited By Shares
Notified 05/08/2025
Former PSCs
Mr Vinay Audipudi
Ceased 05/08/2025
CompanyRankvs 30036+ SIC 62020 peers66
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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 31/10/2025
Net Worth
£110k
Balance sheet strength
Cash
£52k
Cash in the bank
Net Current Assets
£109k
Working capital
Current Assets
£156k
Current Liabilities
£47k
Fixed Assets
£1k
Debtors
£104k
Profit After Tax
£98k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.30 | -£45k |
| 2024 | 3.61 | +£58k |
| 2023 | 2.89 | — |
Derived from filed accounts. Not audited figures.