reach - mc ltd
reach - mc ltd Company Information
Company Number
06905969
Next Accounts
Feb 2025
Shareholders
leo aspden
renate aspden
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
c/o kjg 100 barbirolli square, manchester, M2 3BD
Website
www.reach-mc.co.ukreach - mc ltd Estimated Valuation
Pomanda estimates the enterprise value of REACH - MC LTD at £48.8k based on a Turnover of £66.1k and 0.74x industry multiple (adjusted for size and gross margin).
reach - mc ltd Estimated Valuation
Pomanda estimates the enterprise value of REACH - MC LTD at £49k based on an EBITDA of £11.1k and a 4.39x industry multiple (adjusted for size and gross margin).
reach - mc ltd Estimated Valuation
Pomanda estimates the enterprise value of REACH - MC LTD at £39.6k based on Net Assets of £16.4k and 2.41x industry multiple (adjusted for liquidity).
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Reach - Mc Ltd Overview
Reach - Mc Ltd is a dissolved company that was located in manchester, M2 3BD with a Companies House number of 06905969. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 2009, it's largest shareholder was leo aspden with a 51% stake. The last turnover for Reach - Mc Ltd was estimated at £66.1k.
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Reach - Mc Ltd Health Check
Pomanda's financial health check has awarded Reach - Mc Ltd a 3 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
2 Regular
7 Weak
Size
annual sales of £66.1k, make it smaller than the average company (£849.1k)
- Reach - Mc Ltd
£849.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (3.7%)
- Reach - Mc Ltd
3.7% - Industry AVG
Production
with a gross margin of 40.4%, this company has a comparable cost of product (40.4%)
- Reach - Mc Ltd
40.4% - Industry AVG
Profitability
an operating margin of 11.9% make it more profitable than the average company (7.6%)
- Reach - Mc Ltd
7.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
1 - Reach - Mc Ltd
14 - Industry AVG
Pay Structure
on an average salary of £28.9k, the company has an equivalent pay structure (£28.9k)
- Reach - Mc Ltd
£28.9k - Industry AVG
Efficiency
resulting in sales per employee of £66.1k, this is less efficient (£81.7k)
- Reach - Mc Ltd
£81.7k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is later than average (32 days)
- Reach - Mc Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (41 days)
- Reach - Mc Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reach - Mc Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 78 weeks, this is more cash available to meet short term requirements (51 weeks)
78 weeks - Reach - Mc Ltd
51 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82%, this is a higher level of debt than the average (44.7%)
82% - Reach - Mc Ltd
44.7% - Industry AVG
REACH - MC LTD financials
Reach - Mc Ltd's latest turnover from May 2022 is estimated at £66.1 thousand and the company has net assets of £16.4 thousand. According to their latest financial statements, Reach - Mc Ltd has 1 employee and maintains cash reserves of £72.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 1 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,319 | 13,570 | 16,284 | 21,491 | 6,367 | 22,577 | 26,549 | 35,398 | 47,546 | 25,194 | 33,097 | 24,784 | 21,439 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 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 |
| Total Fixed Assets | 10,319 | 13,570 | 16,284 | 21,491 | 6,367 | 22,577 | 26,549 | 35,398 | 47,546 | 25,194 | 33,097 | 24,784 | 21,439 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,088 | 12,066 | 1,740 | 16,904 | 42,297 | 47,799 | 17,820 | 13,236 | 12,049 | 13,450 | 12,253 | 16,187 | 9,203 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 554 | 505 | 505 | 0 | 500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 72,093 | 63,404 | 81,981 | 60,483 | 17,716 | 42,462 | 12,984 | 12,376 | 13,018 | 8,275 | 5,865 | 4,740 | 22,087 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 80,735 | 75,975 | 84,226 | 77,387 | 60,513 | 90,261 | 30,804 | 25,612 | 25,067 | 21,725 | 18,118 | 20,927 | 31,290 |
| total assets | 91,054 | 89,545 | 100,510 | 98,878 | 66,880 | 112,838 | 57,353 | 61,010 | 72,613 | 46,919 | 51,215 | 45,711 | 52,729 |
| Bank overdraft | 6,724 | 2,917 | 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 |
| Trade Creditors | 228 | 8,210 | 6,824 | 7,398 | 11,248 | 14,737 | 4,630 | 30,057 | 33,505 | 25,860 | 22,680 | 19,393 | 17,340 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,262 | 0 | 0 | 0 | 2,789 | 16,089 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 3,370 | 3,370 | 3,371 | 2,302 | 8,453 | 8,453 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 40,947 | 18,263 | 34,242 | 27,050 | 18,407 | 34,724 | 19,961 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 47,899 | 32,760 | 44,436 | 37,819 | 31,957 | 57,914 | 33,044 | 31,319 | 33,505 | 25,860 | 22,680 | 22,182 | 33,429 |
| loans | 25,522 | 32,083 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 11,645 | 15,015 | 18,386 | 2,628 | 12,436 | 20,889 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,342 | 37,794 | 17,074 | 28,398 | 22,866 | 19,181 |
| provisions | 1,234 | 1,693 | 1,844 | 2,474 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 26,756 | 45,421 | 16,859 | 20,860 | 2,628 | 12,436 | 20,889 | 29,342 | 37,794 | 17,074 | 28,398 | 22,866 | 19,181 |
| total liabilities | 74,655 | 78,181 | 61,295 | 58,679 | 34,585 | 70,350 | 53,933 | 60,661 | 71,299 | 42,934 | 51,078 | 45,048 | 52,610 |
| net assets | 16,399 | 11,364 | 39,215 | 40,199 | 32,295 | 42,488 | 3,420 | 349 | 1,314 | 3,985 | 137 | 663 | 119 |
| total shareholders funds | 16,399 | 11,364 | 39,215 | 40,199 | 32,295 | 42,488 | 3,420 | 349 | 1,314 | 3,985 | 137 | 663 | 119 |
| May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 3,251 | 4,422 | 6,294 | 7,899 | 3,540 | 6,793 | 8,850 | 12,148 | 5,620 | 8,372 | 7,217 | 8,849 | 7,488 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,929 | 10,326 | -14,659 | -25,893 | -5,002 | 29,979 | 4,584 | 1,187 | -1,401 | 1,197 | -3,934 | 6,984 | 9,203 |
| Creditors | -7,982 | 1,386 | -574 | -3,850 | -3,489 | 10,107 | -25,427 | -3,448 | 7,645 | 3,180 | 3,287 | 2,053 | 17,340 |
| Accruals and Deferred Income | 22,684 | -15,979 | 7,192 | 8,643 | -16,317 | 14,763 | 19,961 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -459 | -151 | -630 | 2,474 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -1,262 | 1,262 | 0 | 0 | -2,789 | -13,300 | 16,089 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -6,561 | 32,083 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -15,015 | -3,370 | -3,372 | 16,827 | -15,959 | -8,453 | 29,342 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -29,342 | -8,452 | 20,720 | -11,324 | 5,532 | 3,685 | 19,181 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 8,689 | -18,577 | 21,498 | 42,767 | -24,746 | 29,478 | 608 | -642 | 4,743 | 2,410 | 1,125 | -17,347 | 22,087 |
| overdraft | 3,807 | 2,917 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 4,882 | -21,494 | 21,498 | 42,767 | -24,746 | 29,478 | 608 | -642 | 4,743 | 2,410 | 1,125 | -17,347 | 22,087 |
reach - mc ltd Credit Report and Business Information
Reach - Mc Ltd Competitor Analysis
Perform a competitor analysis for reach - mc ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in M 2 area or any other competitors across 12 key performance metrics.
reach - mc ltd Ownership
REACH - MC LTD group structure
Reach - Mc Ltd has no subsidiary companies.
Ultimate parent company
REACH - MC LTD
06905969
reach - mc ltd directors
Reach - Mc Ltd currently has 2 directors. The longest serving directors include Mr Leo Aspden (May 2009) and Mrs Renate Aspden (May 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Leo Aspden | United Kingdom | 64 years | May 2009 | - | Director |
| Mrs Renate Aspden | United Kingdom | 62 years | May 2009 | - | Director |
P&L
May 2022turnover
66.1k
-46%
operating profit
7.9k
0%
gross margin
40.5%
+3.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2022net assets
16.4k
+0.44%
total assets
91.1k
+0.02%
cash
72.1k
+0.14%
net assets
Total assets minus all liabilities
reach - mc ltd company details
company number
06905969
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
May 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2022
previous names
N/A
accountant
KJG
auditor
-
address
c/o kjg 100 barbirolli square, manchester, M2 3BD
Bank
-
Legal Advisor
-
reach - mc ltd 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 - mc ltd.
reach - mc ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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reach - mc ltd Companies House Filings - See Documents
| date | description | view/download |
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