Reach Active Limited
- Medium
- Holding
- Active
- 21 years
- 62 employees
- £19,930,973 (assets)
- £24,120,734 (revenue)
- Virtual address
- 2 directors
- 1 owner
- Irregular importer
- Rating 4.0 (6)
Two conditions of three:
1.Turnover < £36 million
2.Balance sheet total < £18 million
3.Average number of employees < 250
Field of Operation
Website
Phones
Summary
Reach Active Limited, based in Middlesex, UK, is a medium-sized holding company with an active status. Established 21 years ago in 2003, the company employs 62 people and holds assets worth £15,536,401. Yearly revenue sits at £10,102,687. However, accounts are currently overdue by three months, a potential red flag. The company operates from a virtual address, registered at a location shared by nineteen other companies, which raises questions about its physical presence. Two directors and one owner oversee the business, which has a respectable Google rating of 4.0 based on six reviews. Reach Active Limited primarily engages in construction of other civil engineering projects, and is an irregular importer of electrical machinery and equipment, with the last import operation occurring one month ago.
The company’s website details a focus on underground power networks, substations, and multi-utility diversions. It even boasts a showroom in Harrods, London, which is quite impressive. The business has a good reputation for museum-grade piano restorations and disaster recovery services, which is a nice touch.
Financially, Reach Active Limited shows some concerning trends. Creditors have increased significantly, up 34% within one year, and bank borrowings have also increased substantially. Cash reserves have decreased by 24%, a sign of potential liquidity issues. While administrative expenses have decreased by 40%, this may be a result of cost-cutting measures. Despite these challenges, the company’s net assets have increased by 14%, suggesting some underlying strength. The company’s auditor, Abbots, has noted that the financial statements give a true and fair view, but the overdue accounts and increasing debt warrant close monitoring. The company’s small size—meeting two of three conditions for a medium company—helps it remain agile, but the financial pressures are evident.
Registered in England/Wales under the registration number 04935751, with a registered address at HA2 0DH, Middlesex, Printing House, 66 Lower Road, Harrow.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Reach Active Group Ltd
- 9 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 21 years
- 5
-
Resident of United Kingdom
-
Individual
- 21 years
- 7
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Accounts for a medium company made up to 2024-04-30Download 27 pages pdf report
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Reach Active Limited
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