reach care & support ltd
reach care & support ltd Company Information
Company Number
12878281
Website
-Registered Address
71-75 shelton street, covent garden, london, WC2H 9JQ
Industry
Other residential care activities
Telephone
02036977111
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
ugbad farah 50%
hamza farah 50%
reach care & support ltd Estimated Valuation
Pomanda estimates the enterprise value of REACH CARE & SUPPORT LTD at £57.4k based on a Turnover of £104.9k and 0.55x industry multiple (adjusted for size and gross margin).
reach care & support ltd Estimated Valuation
Pomanda estimates the enterprise value of REACH CARE & SUPPORT LTD at £0 based on an EBITDA of £-24k and a 4.24x industry multiple (adjusted for size and gross margin).
reach care & support ltd Estimated Valuation
Pomanda estimates the enterprise value of REACH CARE & SUPPORT LTD at £0 based on Net Assets of £-53.3k and 0.77x industry multiple (adjusted for liquidity).
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Reach Care & Support Ltd Overview
Reach Care & Support Ltd is a live company located in london, WC2H 9JQ with a Companies House number of 12878281. It operates in the other residential care activities n.e.c. sector, SIC Code 87900. Founded in September 2020, it's largest shareholder is ugbad farah with a 50% stake. Reach Care & Support Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £104.9k with unknown growth in recent years.
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Reach Care & Support Ltd Health Check
Pomanda's financial health check has awarded Reach Care & Support Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £104.9k, make it smaller than the average company (£1.9m)
- Reach Care & Support Ltd
£1.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Reach Care & Support Ltd
- - Industry AVG
Production
with a gross margin of 29%, this company has a higher cost of product (39.6%)
- Reach Care & Support Ltd
39.6% - Industry AVG
Profitability
an operating margin of -22.9% make it less profitable than the average company (9.3%)
- Reach Care & Support Ltd
9.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (48)
2 - Reach Care & Support Ltd
48 - Industry AVG
Pay Structure
on an average salary of £25.9k, the company has an equivalent pay structure (£25.9k)
- Reach Care & Support Ltd
£25.9k - Industry AVG
Efficiency
resulting in sales per employee of £52.4k, this is equally as efficient (£45.6k)
- Reach Care & Support Ltd
£45.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (22 days)
- Reach Care & Support Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 264 days, this is slower than average (11 days)
- Reach Care & Support Ltd
11 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reach Care & Support Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reach Care & Support Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9554.1%, this is a higher level of debt than the average (34.8%)
9554.1% - Reach Care & Support Ltd
34.8% - Industry AVG
REACH CARE & SUPPORT LTD financials
Reach Care & Support Ltd's latest turnover from September 2023 is estimated at £104.9 thousand and the company has net assets of -£53.3 thousand. According to their latest financial statements, Reach Care & Support Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| 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 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 564 | 215 | 2 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 564 | 215 | 2 |
| total assets | 564 | 215 | 2 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 53,885 | 29,530 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 53,885 | 29,530 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 53,885 | 29,530 | 0 |
| net assets | -53,321 | -29,315 | 2 |
| total shareholders funds | -53,321 | -29,315 | 2 |
| Sep 2023 | Sep 2022 | Sep 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 349 | 213 | 2 |
| Creditors | 24,355 | 29,530 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
reach care & support ltd Credit Report and Business Information
Reach Care & Support Ltd Competitor Analysis
Perform a competitor analysis for reach care & support ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
reach care & support ltd Ownership
REACH CARE & SUPPORT LTD group structure
Reach Care & Support Ltd has no subsidiary companies.
Ultimate parent company
REACH CARE & SUPPORT LTD
12878281
reach care & support ltd directors
Reach Care & Support Ltd currently has 2 directors. The longest serving directors include Miss Ugbad Farah (Sep 2020) and Mr Hamza Farah (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Ugbad Farah | United Kingdom | 47 years | Sep 2020 | - | Director |
| Mr Hamza Farah | United Kingdom | 40 years | Sep 2020 | - | Director |
P&L
September 2023turnover
104.9k
+48%
operating profit
-24k
0%
gross margin
29%
+9.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-53.3k
+0.82%
total assets
564
+1.62%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
reach care & support ltd company details
company number
12878281
Type
Private limited with Share Capital
industry
87900 - Other residential care activities
incorporation date
September 2020
age
4
incorporated
UK
accounts
Dormant
ultimate parent company
previous names
mountwell services ltd (March 2022)
last accounts submitted
September 2023
address
71-75 shelton street, covent garden, london, WC2H 9JQ
accountant
-
auditor
-
reach care & support 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 care & support ltd.
reach care & support ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
