UK Companies House feature
REACHDESK LTD
Cash
£3M
+285.5% vs 2022
Net assets
-£14M
-144.2% vs 2022
Employees
92
+46% vs 2022
Profit before tax
—
Period ending 2023-01-31
Profile
- Company number
- 11735697
- Status
- Active
- Incorporation
- 2018-12-19
- Last accounts made up
- 2025-01-31
- Account category
- GROUP
- Primary SIC
- 62012
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2023-01-31
| Metric | Trend | 2019-12-31 | 2021-03-31 | 2022-03-31 | 2023-01-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | — | — | |
| Net profit | — | — | — | — | |
| Cash | £151,191 | £1,400,751 | £746,782 | £2,879,022 | |
| Total assets less current liabilities | £92,744 | -£1,928,167 | -£5,798,125 | -£14,156,515 | |
| Net assets | -£308,150 | -£1,928,167 | -£5,798,125 | -£14,156,515 | |
| Equity | -£308,150 | -£1,928,167 | -£5,798,125 | -£14,156,515 | |
| Average employees | 5 | 36 | 63 | 92 | |
| Wages | — | — | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Burgess Hodgson Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have undertaken detailed consideration to the appropriateness of the going concern basis. In conducting this assessment, they have considered the net liability position... Reachdesk Ltd has obtained support from the parent company demonstrating its intent to support Reachdesk financially to ensure it meets its liabilities as they fall due... As a result the going concern basis is deemed appropriate.”
Subsidiaries
- Reachdesk Inc. · 100% held · United States · US trading subsidiary
- Reachdesk Australia Pty · Australia
- Purple Promos Inc.
- Reachdesk Portugal · Portugal
Significant events
- “Turnover for the year was £22,434,498, which was a 45% increase compared to 2024 (£15,437,228). The improvement was primarily attributable to monetization of gifting transactions via the implementation of transaction fees. The negative EBITDA for the year is £3,780,591, which was a 67% decrease compared to 2024 (£11,533,212). Resulting from a significant reduction in operating losses due to successful revenue growth and cost control.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
1 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AL-ATRAQCHI, Waleed | Director | 2023-04-14 | Aug 1963 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MANCUSI-UNGARO, Harold Themistocles | Director | 2021-08-12 | 2023-04-14 |
| RADIA, Jay | Director | 2019-08-23 | 2024-05-01 |
| RADIA, Meelan Harish | Director | 2018-12-19 | 2024-05-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Reachdesk Holdings Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, right-to-appoint-and-remove-directors-as-firm, significant-influence-or-control-as-firm | 2020-08-18 | Ceased 2023-12-05 |
| Mr Jay Radia | Individual | Shares 25–50% | 2020-04-21 | Ceased 2020-08-18 |
| Mr Meelan Harish Radia | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-12-19 | Ceased 2020-08-18 |
Filing timeline
Last 20 of 41 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-07-31 | AA | accounts | accounts with accounts type group |
| 2025-05-19 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-05-17 | DISS40 | gazette | gazette filings brought up to date |
| 2025-05-16 | AA | accounts | accounts with accounts type group |
| 2025-04-08 | DISS16(SOAS) | dissolution | dissolved compulsory strike off suspended |
| 2025-04-01 | GAZ1 | gazette | gazette notice compulsory |
| 2024-12-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-07-20 | DISS40 | gazette | gazette filings brought up to date |
| 2024-07-17 | AA | accounts | accounts with accounts type small |
| 2024-06-25 | GAZ1 | gazette | gazette notice compulsory |
| 2024-05-07 | TM01 | officers | termination director company with name termination date |
| 2024-05-07 | TM01 | officers | termination director company with name termination date |
| 2023-12-19 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-12-07 | PSC08 | persons-with-significant-control | notification of a person with significant control statement |
| 2023-12-06 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-05-19 | RESOLUTIONS | resolution | resolution |
| 2023-05-19 | MA | incorporation | memorandum articles |
| 2023-04-24 | AA | accounts | accounts with accounts type total exemption full |
| 2023-04-20 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2023-04-14 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory