reachout services limited

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reachout services limited Company Information

Share REACHOUT SERVICES LIMITED

Company Number

07536114

Shareholders

richard fe-cados

Group Structure

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Industry

Combined office administrative service activities

 +1

Registered Address

150 barking road, london, E16 1EN

Website

-

reachout services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of REACHOUT SERVICES LIMITED at £0 based on a Turnover of £102.8k and 0x industry multiple (adjusted for size and gross margin).

reachout services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of REACHOUT SERVICES LIMITED at £0 based on an EBITDA of £11.1k and a 0x industry multiple (adjusted for size and gross margin).

reachout services limited Estimated Valuation

£15k

Pomanda estimates the enterprise value of REACHOUT SERVICES LIMITED at £15k based on Net Assets of £6k and 2.5x industry multiple (adjusted for liquidity).

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Reachout Services Limited Overview

Reachout Services Limited is a live company located in london, E16 1EN with a Companies House number of 07536114. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in February 2011, it's largest shareholder is richard fe-cados with a 100% stake. Reachout Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £102.8k with declining growth in recent years.

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Reachout Services Limited Health Check

Pomanda's financial health check has awarded Reachout Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £102.8k, make it smaller than the average company (£2.4m)

£102.8k - Reachout Services Limited

£2.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (8.1%)

-19% - Reachout Services Limited

8.1% - Industry AVG

production

Production

with a gross margin of 41.6%, this company has a comparable cost of product (41.6%)

41.6% - Reachout Services Limited

41.6% - Industry AVG

profitability

Profitability

an operating margin of 2.8% make it less profitable than the average company (3.5%)

2.8% - Reachout Services Limited

3.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (14)

2 - Reachout Services Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £57.7k, the company has an equivalent pay structure (£57.7k)

£57.7k - Reachout Services Limited

£57.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £51.4k, this is less efficient (£122.6k)

£51.4k - Reachout Services Limited

£122.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (35 days)

2 days - Reachout Services Limited

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 44 days, this is slower than average (37 days)

44 days - Reachout Services Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 24 days, this is less than average (49 days)

24 days - Reachout Services Limited

49 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (36 weeks)

0 weeks - Reachout Services Limited

36 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83.9%, this is a higher level of debt than the average (43.4%)

83.9% - Reachout Services Limited

43.4% - Industry AVG

REACHOUT SERVICES LIMITED financials

EXPORTms excel logo

Reachout Services Limited's latest turnover from March 2024 is estimated at £102.8 thousand and the company has net assets of £6 thousand. According to their latest financial statements, Reachout Services Limited has 2 employees and maintains cash reserves of £72 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover102,822132,928129,201194,612134,885111,89740,3689,02511,64613,95610,0628,2798,484
Other Income Or Grants0000000000000
Cost Of Sales60,01355,42969,486105,13869,41254,70219,3324,5077,1738,3676,1544,9825,155
Gross Profit42,80977,49959,71589,47465,47457,19521,0364,5184,4725,5893,9083,2973,329
Admin Expenses39,96067,61053,348109,84372,62250,5143,6608,0072,4684,5113,0361,9621,646
Operating Profit2,8499,8896,367-20,369-7,1486,68117,376-3,4892,0041,0788721,3351,683
Interest Payable1,7372,0968370000000000
Interest Receivable71210001132144
Pre-Tax Profit1,1197,8055,532-20,369-7,1486,68117,377-3,4882,0061,0808731,3391,686
Tax-280-1,483-1,05100-1,269-3,3020-401-227-201-321-438
Profit After Tax8396,3224,481-20,369-7,1485,41214,075-3,4881,6058536721,0181,248
Dividends Paid0000000000000
Retained Profit8396,3224,481-20,369-7,1485,41214,075-3,4881,6058536721,0181,248
Employee Costs115,315162,709137,83489,85583,73589,43937,84237,32637,50436,55332,05232,96932,762
Number Of Employees2332221111111
EBITDA*11,05115,3336,367-20,369-7,1486,68117,376-3,4896,0296,0393,5823,1583,388

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets22,29710,48015,9241,6429,99920,68920,0781,5474,6188,6434,6023,7625,114
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets22,29710,48015,9241,6429,99920,68920,0781,5474,6188,6434,6023,7625,114
Stock & work in progress4,0154,9954,62500002,0002,5002,7502,5002,3001,080
Trade Debtors6858201,07531,84612,8687,4046,0251,1009751,2001,0518001,025
Group Debtors0000000000000
Misc Debtors10,30515,97111,6410000000000
Cash721983790000336624409398611,571
misc current assets0000000000000
total current assets15,07721,98417,72031,84612,8687,4046,0253,4364,0994,3593,9493,1613,676
total assets37,37432,46433,64433,48822,86728,09326,1034,9838,71713,0028,5516,9238,790
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 7,32964063814,6106,5784,8878,5141,4451,6912,0811,6981,5561,311
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities9,25310,5299,3550000000000
total current liabilities16,58211,1699,99314,6106,5784,8878,5141,4451,6912,0811,6981,5561,311
loans14,77216,11424,7920000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities00025,0002,0421,8111,6061,1301,1306,6303,4152,6015,731
provisions0000000000000
total long term liabilities14,77216,11424,79225,0002,0421,8111,6061,1301,1306,6303,4152,6015,731
total liabilities31,35427,28334,78539,6108,6206,69810,1202,5752,8218,7115,1134,1577,042
net assets6,0205,181-1,141-6,12214,24721,39515,9832,4085,8964,2913,4382,7661,748
total shareholders funds6,0205,181-1,141-6,12214,24721,39515,9832,4085,8964,2913,4382,7661,748
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit2,8499,8896,367-20,369-7,1486,68117,376-3,4892,0041,0788721,3351,683
Depreciation8,2025,4440000004,0254,9612,7101,8231,705
Amortisation0000000000000
Tax-280-1,483-1,05100-1,269-3,3020-401-227-201-321-438
Stock-9803704,625000-2,000-500-2502502001,2201,080
Debtors-5,8014,075-19,13018,9785,4641,3794,925125-225149251-2251,025
Creditors6,6892-13,9728,0321,691-3,6277,069-246-3903831422451,311
Accruals and Deferred Income-1,2761,1749,3550000000000
Deferred Taxes & Provisions0000000000000
Cash flow from operations22,96510,58115,204-31,315-10,92140618,218-3,3605,7135,7963,0722,0872,156
Investing Activities
capital expenditure-20,0190-14,2828,35710,690-611-18,5313,0710-9,002-3,550-471-6,819
Change in Investments0000000000000
cash flow from investments-20,0190-14,2828,35710,690-611-18,5313,0710-9,002-3,550-471-6,819
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans-1,342-8,67824,7920000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities00-25,00022,9582312054760-5,5003,215814-3,1305,731
share issue00500000-50000000500
interest-1,730-2,084-8360001132144
cash flow from financing-3,072-10,762-54422,958231205-231-5,4973,217815-3,1266,235
cash and cash equivalents
cash-126-181379000-336-28821511337-1,5101,571
overdraft0000000000000
change in cash-126-181379000-336-28821511337-1,5101,571

reachout services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Reachout Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for reachout services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in E16 area or any other competitors across 12 key performance metrics.

reachout services limited Ownership

REACHOUT SERVICES LIMITED group structure

Reachout Services Limited has no subsidiary companies.

Ultimate parent company

REACHOUT SERVICES LIMITED

07536114

REACHOUT SERVICES LIMITED Shareholders

richard fe-cados 100%

reachout services limited directors

Reachout Services Limited currently has 1 director, Mr Richard Fe-Cados serving since Mar 2011.

officercountryagestartendrole
Mr Richard Fe-CadosUnited Kingdom60 years Mar 2011- Director

P&L

March 2024

turnover

102.8k

-23%

operating profit

2.8k

0%

gross margin

41.7%

-28.59%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

6k

+0.16%

total assets

37.4k

+0.15%

cash

72

-0.64%

net assets

Total assets minus all liabilities

reachout services limited company details

company number

07536114

Type

Private limited with Share Capital

industry

82110 - Combined office administrative service activities

82190 - Photocopying, document preparation and other specialised office support activities

incorporation date

February 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

reachout telecoms ltd (May 2017)

accountant

PRIMA AND COMPANY

auditor

-

address

150 barking road, london, E16 1EN

Bank

-

Legal Advisor

-

reachout services 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 reachout services limited.

reachout services limited 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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reachout services limited Companies House Filings - See Documents

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