reach active properties limited
reach active properties limited Company Information
Company Number
05041696
Website
www.reachactive.comRegistered Address
printing house, 66 lower road, harrow, middlesex, HA2 0DH
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
01992663080
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
reach active group ltd 100%
reach active properties limited Estimated Valuation
Pomanda estimates the enterprise value of REACH ACTIVE PROPERTIES LIMITED at £125.3k based on a Turnover of £33.1k and 3.78x industry multiple (adjusted for size and gross margin).
reach active properties limited Estimated Valuation
Pomanda estimates the enterprise value of REACH ACTIVE PROPERTIES LIMITED at £62.9k based on an EBITDA of £7.9k and a 7.99x industry multiple (adjusted for size and gross margin).
reach active properties limited Estimated Valuation
Pomanda estimates the enterprise value of REACH ACTIVE PROPERTIES LIMITED at £593.4k based on Net Assets of £599.4k and 0.99x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Reach Active Properties Limited Overview
Reach Active Properties Limited is a live company located in harrow, HA2 0DH with a Companies House number of 05041696. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2004, it's largest shareholder is reach active group ltd with a 100% stake. Reach Active Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £33.1k with declining growth in recent years.
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Reach Active Properties Limited Health Check
Pomanda's financial health check has awarded Reach Active Properties Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £33.1k, make it smaller than the average company (£799.8k)
£33.1k - Reach Active Properties Limited
£799.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (2.1%)
-38% - Reach Active Properties Limited
2.1% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (72.4%)
100% - Reach Active Properties Limited
72.4% - Industry AVG
Profitability
an operating margin of 13.7% make it less profitable than the average company (27.1%)
13.7% - Reach Active Properties Limited
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Reach Active Properties Limited
3 - Industry AVG
Pay Structure
on an average salary of £31.1k, the company has an equivalent pay structure (£31.1k)
- Reach Active Properties Limited
£31.1k - Industry AVG
Efficiency
resulting in sales per employee of £33.1k, this is less efficient (£181.4k)
- Reach Active Properties Limited
£181.4k - Industry AVG
Debtor Days
it gets paid by customers after 580 days, this is later than average (32 days)
580 days - Reach Active Properties Limited
32 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Reach Active Properties Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reach Active Properties Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Reach Active Properties Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.9%, this is a lower level of debt than the average (68%)
60.9% - Reach Active Properties Limited
68% - Industry AVG
REACH ACTIVE PROPERTIES LIMITED financials
Reach Active Properties Limited's latest turnover from April 2023 is £33.1 thousand and the company has net assets of £599.4 thousand. According to their latest financial statements, we estimate that Reach Active Properties Limited has 1 employee and maintains cash reserves of £547 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 33,109 | 58,803 | 127,687 | 139,759 | 75,472 | 111,094 | 75,593 | 68,995 | 31,788 | 13,248 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Gross Profit | 33,109 | 58,803 | 127,687 | 139,759 | 75,472 | 111,094 | 75,593 | 68,995 | 31,788 | |||||
| Admin Expenses | 28,576 | -5,266 | 42,646 | 48,724 | 54,850 | -68,462 | -25,234 | -23,537 | -137,320 | |||||
| Operating Profit | 4,533 | 64,069 | 85,041 | 91,035 | 20,622 | 179,556 | 100,827 | 92,532 | 169,108 | -20,348 | ||||
| Interest Payable | 2,227 | 4,964 | 5,626 | 5,333 | 6,927 | 11,403 | 7,897 | 8,930 | 9,443 | 4,999 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | 2,306 | 59,105 | 79,415 | 85,702 | 13,695 | 168,153 | 92,930 | 83,602 | 159,665 | -25,347 | ||||
| Tax | -1,081 | -33,461 | -16,372 | -17,580 | 1,495 | -33,894 | -16,494 | -17,141 | -30,000 | 0 | ||||
| Profit After Tax | 1,225 | 25,644 | 63,043 | 68,122 | 15,190 | 134,259 | 76,436 | 66,461 | 129,665 | -25,347 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 1,225 | 25,644 | 63,043 | 68,122 | 15,190 | 134,259 | 76,436 | 66,461 | 129,665 | -25,347 | ||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 7,871 | 70,744 | 91,792 | 97,860 | 27,448 | 189,794 | 107,652 | 96,058 | 181,033 | -8,423 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 76,716 | 80,054 | 86,729 | 93,480 | 1,050,305 | 1,057,132 | 917,369 | 845,994 | 691,851 | 534,776 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 1,000,001 | 1,000,001 | 950,001 | 950,001 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,076,717 | 1,080,055 | 1,036,730 | 1,043,481 | 1,050,306 | 1,057,132 | 917,370 | 845,995 | 691,852 | 534,776 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 52,666 | 33,563 | 9,182 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 171,225 | 171,225 | 191,225 | 156,555 | 108,003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 233,487 | 205,803 | 159,028 | 87,138 | 20,701 | 0 | 98,795 | 58,414 | 7,064 | 6,747 | 0 | 0 | 0 | 0 |
| Cash | 547 | 6,066 | 9,408 | 1,247 | 374 | 1,654 | 4,191 | 2,564 | 3,203 | 1,153 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 457,925 | 416,657 | 368,843 | 244,940 | 129,078 | 98,682 | 102,986 | 60,978 | 10,267 | 7,900 | 0 | 0 | 0 | 0 |
| total assets | 1,534,642 | 1,496,712 | 1,405,573 | 1,288,421 | 1,179,384 | 1,155,814 | 1,020,356 | 906,973 | 702,119 | 542,676 | 0 | 0 | 0 | 0 |
| Bank overdraft | 25,680 | 25,401 | 21,494 | 21,494 | 20,392 | 19,418 | 18,589 | 17,880 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,849 | 111,916 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,064 | 9,304 | 6,673 | 8,270 | 5,311 | 7,261 | 21,478 | 72,587 | 7,258 | 17,901 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 628,354 | 564,254 | 503,397 | 440,818 | 415,170 | 0 | 377,086 | 285,879 | 222,678 | 21,108 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 398,294 | 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 |
| other current liabilities | 25,122 | 50,719 | 56,873 | 42,712 | 21,756 | 0 | 17,454 | 15,366 | 2,750 | 100,160 | 0 | 0 | 0 | 0 |
| total current liabilities | 699,220 | 649,678 | 588,437 | 513,294 | 462,629 | 435,413 | 434,607 | 391,712 | 249,535 | 251,085 | 0 | 0 | 0 | 0 |
| loans | 111,762 | 124,599 | 150,753 | 171,787 | 181,537 | 0 | 228,480 | 246,987 | 264,771 | 272,943 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 124,291 | 124,291 | 93,883 | 93,883 | 93,883 | 0 | 65,383 | 52,824 | 38,824 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 236,053 | 248,890 | 244,636 | 265,670 | 275,420 | 294,256 | 293,863 | 299,811 | 303,595 | 272,943 | 0 | 0 | 0 | 0 |
| total liabilities | 935,273 | 898,568 | 833,073 | 778,964 | 738,049 | 729,669 | 728,470 | 691,523 | 553,130 | 524,028 | 0 | 0 | 0 | 0 |
| net assets | 599,369 | 598,144 | 572,500 | 509,457 | 441,335 | 426,145 | 291,886 | 215,450 | 148,989 | 18,648 | 0 | 0 | 0 | 0 |
| total shareholders funds | 599,369 | 598,144 | 572,500 | 509,457 | 441,335 | 426,145 | 291,886 | 215,450 | 148,989 | 18,648 | 0 | 0 | 0 | 0 |
| Apr 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 4,533 | 64,069 | 85,041 | 91,035 | 20,622 | 179,556 | 100,827 | 92,532 | 169,108 | -20,348 | ||||
| Depreciation | 3,338 | 6,675 | 6,751 | 6,825 | 6,826 | 10,238 | 6,825 | 3,526 | 11,925 | 11,925 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Tax | -1,081 | -33,461 | -16,372 | -17,580 | 1,495 | -33,894 | -16,494 | -17,141 | -30,000 | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 46,787 | 51,156 | 115,742 | 114,989 | 128,704 | -98,795 | 40,381 | 51,350 | 317 | 6,747 | 0 | 0 | 0 | 0 |
| Creditors | 10,760 | 2,631 | -1,597 | 2,959 | -1,950 | -14,217 | -51,109 | 65,329 | -10,643 | 17,901 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -25,597 | -6,154 | 14,161 | 20,956 | 21,756 | -17,454 | 2,088 | 12,616 | -97,410 | 100,160 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 30,408 | 0 | 0 | 93,883 | -65,383 | 12,559 | 14,000 | 38,824 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -54,834 | 13,012 | -27,758 | -10,794 | 13,928 | 14,315 | 119,512 | 81,487 | 102,891 | |||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 1,800 | -87,669 | 0 | ||||||||||
| Change in Investments | 0 | 50,000 | 0 | 950,000 | 1 | -1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -1 | 1,800 | -87,669 | -1 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16,849 | -95,067 | 111,916 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 64,100 | 60,857 | 62,579 | 25,648 | 415,170 | -377,086 | 91,207 | 63,201 | 201,570 | 21,108 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -398,294 | 398,294 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -12,837 | -26,154 | -21,034 | -9,750 | 181,537 | -228,480 | -18,507 | -17,784 | -8,172 | 272,943 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | -2,227 | -4,964 | -5,626 | -5,333 | -6,927 | -7,897 | -8,930 | -9,443 | -4,999 | |||||
| cash flow from financing | 49,036 | 29,739 | 35,919 | 10,565 | 191,486 | 64,803 | 19,638 | 89,564 | 444,963 | |||||
| cash and cash equivalents | ||||||||||||||
| cash | -5,519 | -3,342 | 8,161 | 873 | -1,280 | -2,537 | 1,627 | -639 | 2,050 | 1,153 | 0 | 0 | 0 | 0 |
| overdraft | 279 | 3,907 | 0 | 1,102 | 974 | 829 | 709 | 17,880 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -5,798 | -7,249 | 8,161 | -229 | -2,254 | -3,366 | 918 | -18,519 | 2,050 | 1,153 | 0 | 0 | 0 | 0 |
reach active properties limited Credit Report and Business Information
Reach Active Properties Limited Competitor Analysis
Perform a competitor analysis for reach active properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA2 area or any other competitors across 12 key performance metrics.
reach active properties limited Ownership
REACH ACTIVE PROPERTIES LIMITED group structure
Reach Active Properties Limited has no subsidiary companies.
Ultimate parent company
1 parent
REACH ACTIVE PROPERTIES LIMITED
05041696
reach active properties limited directors
Reach Active Properties Limited currently has 2 directors. The longest serving directors include Mr John Gallagher (Feb 2004) and Mr Seamus Gallagher (Feb 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Gallagher | 56 years | Feb 2004 | - | Director | |
| Mr Seamus Gallagher | United Kingdom | 58 years | Feb 2004 | - | Director |
P&L
April 2023turnover
33.1k
-44%
operating profit
4.5k
-93%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
599.4k
0%
total assets
1.5m
+0.03%
cash
547
-0.91%
net assets
Total assets minus all liabilities
reach active properties limited company details
company number
05041696
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 2004
age
20
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
reach active construction limited (March 2013)
reach active (ireland) limited (May 2007)
last accounts submitted
April 2023
address
printing house, 66 lower road, harrow, middlesex, HA2 0DH
accountant
-
auditor
ABBOTS
reach active properties limited 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 active properties limited.
reach active properties limited Companies House Filings - See Documents
| date | description | view/download |
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