REACH COAL SEAM GAS LIMITED Financials
- Company number
- SC351558CopyCopy
- Registered office
- 6 Rubislaw Terrace, Aberdeen AB10 1XE
- Incorporated
- 20/11/2008
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-57.89%vs 20232023: £-137.94K
Total Assets
-91.44%vs 20232023: £87.33K
Total Liabilities
-0.01%vs 20232023: £225.27K
Employees
0vs 20232023: 3
In 2024, REACH COAL SEAM GAS LIMITED reported net assets of £-217.78K. The same filing shows total assets of £7.47K and total liabilities of £225.25K. Reported headcount was 3 in 2024. Total Assets fell from £87.33K in 2023 to £7.47K in 2024 (-91.44%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-57.89%from £-137.94K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures REACH COAL SEAM GAS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Total Assets
-91.5%vs 2022-70.9% a year compound (CAGR)
Total Liabilities
-<0.1%vs 2022-<0.1% a year compound (CAGR)
Employees
0%vs 2022Biggest decrease
Total Assets-91.5%
£87.95K in 2022 to £7.47K in 2024
Every measure that changed in REACH COAL SEAM GAS LIMITED's filings between 2022 and 2024 fell. The steepest fall came in total assets, pointing to a narrowing asset base, with net assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from REACH COAL SEAM GAS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -2,914.22%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 3,014.22%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for REACH COAL SEAM GAS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -136.67K | -137.32K | -137.94K | -217.78K |
| Total Assets£ | 89.34K | 87.95K | 87.33K | 7.47K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 226.02K | 225.27K | 225.27K | 225.25K |
| Employees | 3 | 3 | 3 | 3 |
REACH COAL SEAM GAS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for REACH COAL SEAM GAS LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
REACH COAL SEAM GAS LIMITED reported net assets of £-217.78K for 2024. That compares with £-137.94K in 2023, a change of -57.89%.
REACH COAL SEAM GAS LIMITED reported total assets of £7.47K for 2024. That compares with £87.33K in 2023, a change of -91.44%.
REACH COAL SEAM GAS LIMITED reported total liabilities of £225.25K for 2024. That compares with £225.27K in 2023, a change of -0.01%.
REACH COAL SEAM GAS LIMITED reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, REACH COAL SEAM GAS LIMITED's total assets fell by 91.5%, total liabilities fell by <0.1% and employee numbers was unchanged. Total assets contracted at 70.9% a year across the two years to 2024, from £87.95K to £7.47K. Reported headcount went from 3 in 2022 to 3 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.