Reach Creative Branding Ltd

Reach Creative Branding Ltd is a small, active company based in Weston, UK, founded nine years ago in May 2015. With just two employees and £6,817 in assets, it’s a solo-founded operation managed by a single director and owner. The company operates from a real address shared by six other businesses, suggesting a cost-effective setup. It’s a irregular importer of jewelry, precious stones, and metals (last activity in August 2020) and an irregular exporter of printed materials like books and pictures (last activity in July 2019). The company operates in the other retail sale not in stores, stalls or markets industries.

While the company’s website isn’t available, its financial data paints a concerning picture. Net assets have plummeted a staggering 380%, dropping to -£5,100, and cash reserves have vanished, falling 88% to just £540. Bank borrowings have increased by 27%, reaching £13,000, and current assets have shrunk by 86%, leaving only £6,800. Creditors have also decreased, suggesting better debt management. The company meets two of the three criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Despite the challenges, the company’s financial statements are unaudited, which is common for small companies. The significant drop in equity, however, raises questions about its financial health. The company’s reliance on irregular import and export activities, combined with the declining assets, suggests it may be burning through money. The director, Mr. Shokar Makhan, is responsible for the company's accounting records and financial statements, and it's clear the company is facing financial pressures.

Registered in England/Wales under the registration number 09585050, with a registered address at SG4 7DP, England, Weston, Hertfordshire, Red Sky House Fairclough Hall, Halls Green.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.