reach volunteering
reach volunteering Company Information
Company Number
01452482
Website
http://reachskills.org.ukRegistered Address
7, bell yard, london, 7, bell yard, london, WC2A 2JR
Industry
Other social work activities without accommodation n.e.c.
Telephone
02075826543
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
-0%
reach volunteering Estimated Valuation
Pomanda estimates the enterprise value of REACH VOLUNTEERING at £243.1k based on a Turnover of £479.5k and 0.51x industry multiple (adjusted for size and gross margin).
reach volunteering Estimated Valuation
Pomanda estimates the enterprise value of REACH VOLUNTEERING at £59.9k based on an EBITDA of £14.6k and a 4.09x industry multiple (adjusted for size and gross margin).
reach volunteering Estimated Valuation
Pomanda estimates the enterprise value of REACH VOLUNTEERING at £965.8k based on Net Assets of £321.3k and 3.01x industry multiple (adjusted for liquidity).
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Reach Volunteering Overview
Reach Volunteering is a live company located in london, WC2A 2JR with a Companies House number of 01452482. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in October 1979, it's largest shareholder is unknown. Reach Volunteering is a mature, micro sized company, Pomanda has estimated its turnover at £479.5k with declining growth in recent years.
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Reach Volunteering Health Check
Pomanda's financial health check has awarded Reach Volunteering a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £479.5k, make it in line with the average company (£450.4k)
£479.5k - Reach Volunteering
£450.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6%)
-3% - Reach Volunteering
6% - Industry AVG
Production
with a gross margin of 47.1%, this company has a comparable cost of product (47.1%)
47.1% - Reach Volunteering
47.1% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (3.9%)
2.4% - Reach Volunteering
3.9% - Industry AVG
Employees
with 10 employees, this is similar to the industry average (12)
10 - Reach Volunteering
12 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has a higher pay structure (£25k)
£37.6k - Reach Volunteering
£25k - Industry AVG
Efficiency
resulting in sales per employee of £47.9k, this is equally as efficient (£42.9k)
£47.9k - Reach Volunteering
£42.9k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is later than average (14 days)
26 days - Reach Volunteering
14 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is slower than average (4 days)
6 days - Reach Volunteering
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reach Volunteering
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 455 weeks, this is more cash available to meet short term requirements (254 weeks)
455 weeks - Reach Volunteering
254 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10%, this is a similar level of debt than the average (10.8%)
10% - Reach Volunteering
10.8% - Industry AVG
REACH VOLUNTEERING financials
Reach Volunteering's latest turnover from December 2023 is £479.5 thousand and the company has net assets of £321.3 thousand. According to their latest financial statements, Reach Volunteering has 10 employees and maintains cash reserves of £311.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 479,482 | 449,392 | 484,411 | 530,998 | 499,004 | 469,826 | 400,273 | 430,832 | 499,778 | 452,606 | 379,415 | 319,516 | 396,490 | 499,554 | 511,682 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 19,710 | 335 | 38,078 | 82,622 | 45,834 | 38,406 | -51,830 | 40,702 | 104,427 | -27,620 | 73,225 | -68,748 | -83,029 | -30,540 | 5,782 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 19,710 | 335 | 38,078 | 82,622 | 45,834 | 38,406 | -51,830 | 40,702 | 104,427 | -27,620 | 73,225 | -68,748 | -83,029 | -30,540 | 5,782 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 19,710 | 335 | 38,078 | 82,622 | 45,834 | 38,406 | -51,830 | 40,702 | 104,427 | -27,620 | 73,225 | -68,748 | -83,029 | -30,540 | 5,782 |
| Employee Costs | 375,882 | 345,630 | 326,078 | 241,104 | 301,233 | 285,446 | 274,365 | 242,735 | 249,127 | 206,683 | 190,691 | 232,406 | 306,683 | 337,117 | 332,312 |
| Number Of Employees | 10 | 10 | 8 | 8 | 9 | 8 | 7 | 7 | 8 | 7 | 6 | 8 | 9 | 9 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,957 | 5,210 | 8,463 | 2,193 | 0 | 682 | 2,512 | 5,419 | 5,344 | 1,199 | 0 | 6,632 | 33,085 | 59,591 | 37,996 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,957 | 5,210 | 8,464 | 2,194 | 1 | 682 | 2,512 | 5,419 | 5,344 | 1,199 | 0 | 6,632 | 33,085 | 59,591 | 37,996 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 34,332 | 44,755 | 51,749 | 25,527 | 13,569 | 8,256 | 9,288 | 4,188 | 2,600 | 2,172 | 1,920 | 2,640 | 13,036 | 0 | 0 |
| Group Debtors | 0 | 0 | 858 | 858 | 738 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,297 | 8,812 | 12,050 | 8,493 | 18,647 | 17,754 | 15,530 | 15,594 | 16,066 | 15,005 | 15,632 | 7,502 | 14,357 | 12,764 | 21,899 |
| Cash | 311,208 | 284,322 | 267,918 | 296,924 | 221,310 | 192,579 | 173,629 | 215,944 | 182,580 | 127,850 | 109,732 | 47,026 | 77,165 | 81,028 | 155,111 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56 | 56 | 62,938 | 22,778 |
| total current assets | 354,837 | 337,889 | 332,575 | 331,802 | 254,264 | 218,589 | 198,447 | 235,726 | 201,246 | 145,027 | 127,284 | 57,224 | 104,614 | 156,730 | 199,788 |
| total assets | 356,794 | 343,099 | 341,039 | 333,996 | 254,265 | 219,271 | 200,959 | 241,145 | 206,590 | 146,226 | 127,284 | 63,856 | 137,699 | 216,321 | 237,784 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,507 | 16,265 | 8,155 | 4,558 | 3,665 | 1,137 | 17,843 | 2,188 | 1,706 | 8,960 | 1,234 | 1,618 | 3,411 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 31,009 | 25,266 | 31,651 | 66,283 | 70,067 | 29,849 | 26,454 | 24,025 | 24,434 | 52,938 | 14,102 | 23,515 | 26,817 | 25,821 | 16,744 |
| total current liabilities | 35,516 | 41,531 | 39,806 | 70,841 | 73,732 | 30,986 | 44,297 | 26,213 | 26,140 | 61,898 | 15,336 | 25,133 | 30,228 | 25,821 | 16,744 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 54,188 | 61,625 | 67,946 | 71,129 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 35,516 | 41,531 | 39,806 | 70,841 | 73,732 | 85,174 | 105,922 | 94,159 | 97,269 | 61,898 | 15,336 | 25,133 | 30,228 | 25,821 | 16,744 |
| net assets | 321,278 | 301,568 | 301,233 | 263,155 | 180,533 | 134,097 | 95,037 | 146,986 | 109,321 | 84,328 | 111,948 | 38,723 | 107,471 | 190,500 | 221,040 |
| total shareholders funds | 321,278 | 301,568 | 301,233 | 263,155 | 180,533 | 134,097 | 95,037 | 146,986 | 109,321 | 84,328 | 111,948 | 38,723 | 107,471 | 190,500 | 221,040 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 3,253 | 3,253 | 1,295 | 965 | 682 | 1,830 | 2,907 | 2,753 | 1,606 | 527 | 6,600 | 26,518 | 26,505 | 19,925 | 37,996 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -9,938 | -11,090 | 29,779 | 1,924 | 6,944 | 1,192 | 5,036 | 1,116 | 1,489 | -375 | 7,410 | -17,251 | 14,629 | -9,135 | 21,899 |
| Creditors | -11,758 | 8,110 | 3,597 | 893 | 2,528 | -16,706 | 15,655 | 482 | -7,254 | 7,726 | -384 | -1,793 | 3,411 | 0 | 0 |
| Accruals and Deferred Income | 5,743 | -6,385 | -34,632 | -3,784 | 40,218 | 3,395 | 2,429 | -409 | -28,504 | 38,836 | -9,413 | -3,302 | 996 | 9,077 | 16,744 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Change in Investments | 0 | -1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 1 | 0 | 0 | -1 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 602 | 654 | -119 | -3,037 | -79,434 | 0 | 0 | 0 | 0 | 0 | 215,258 |
| cash and cash equivalents | |||||||||||||||
| cash | 26,886 | 16,404 | -29,006 | 75,614 | 28,731 | 18,950 | -42,315 | 33,364 | 54,730 | 18,118 | 62,706 | -30,139 | -3,863 | -74,083 | 155,111 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 26,886 | 16,404 | -29,006 | 75,614 | 28,731 | 18,950 | -42,315 | 33,364 | 54,730 | 18,118 | 62,706 | -30,139 | -3,863 | -74,083 | 155,111 |
reach volunteering Credit Report and Business Information
Reach Volunteering Competitor Analysis
Perform a competitor analysis for reach volunteering by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in WC2A area or any other competitors across 12 key performance metrics.
reach volunteering Ownership
REACH VOLUNTEERING group structure
Reach Volunteering has 1 subsidiary company.
reach volunteering directors
Reach Volunteering currently has 9 directors. The longest serving directors include Ms Rachell Fox (Jun 2017) and Miss Kar Ng (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Rachell Fox | England | 56 years | Jun 2017 | - | Director |
| Miss Kar Ng | England | 33 years | May 2021 | - | Director |
| Mr Gus Alston | England | 44 years | May 2021 | - | Director |
| Miss Saskia Bewley | England | 32 years | May 2021 | - | Director |
| Ms Deborah Morton-Dare | England | 66 years | Jul 2022 | - | Director |
| Ms Jane Ide | England | 62 years | Jul 2022 | - | Director |
| Keira Poland | England | 41 years | Feb 2024 | - | Director |
| Mr Francois Landers | England | 48 years | Feb 2024 | - | Director |
| Ms Katherine Wollard | England | 44 years | Apr 2024 | - | Director |
P&L
December 2023turnover
479.5k
+7%
operating profit
11.4k
0%
gross margin
47.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
321.3k
+0.07%
total assets
356.8k
+0.04%
cash
311.2k
+0.09%
net assets
Total assets minus all liabilities
Similar Companies
reach volunteering company details
company number
01452482
Type
Private Ltd By Guarantee w/o Share Cap
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
October 1979
age
45
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
retired executives action clearing-house (September 2003)
accountant
COMMUNITY ACCOUNTING PLUS
auditor
-
address
7, bell yard, london, 7, bell yard, london, WC2A 2JR
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
reach volunteering Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to reach volunteering.
reach volunteering Companies House Filings - See Documents
| date | description | view/download |
|---|
