REACH CONTACT LIMITED

Risk Rating: MEDIUM While the company exhibits strong longevity and regulatory compliance, the risk rating is elevated to Medium due to the opacity introduced by its subsidiary status and the absence of specific financial figures in the provided data. As a subsidiary exempt from audit, the standalone financial health of REACH CONTACT LIMITED is difficult to assess without viewing the parent company's consolidated accounts, and the low share capital suggests potential reliance on inter-company funding.

Key Concerns: * Subsidiary Opacity & Contagion Risk: The company is wholly owned (more than 75%) by Awesomecorp Limited and files as an "Audit Exemption Subsidiary." This means it likely files abbreviated accounts, obscuring its standalone financial performance. Furthermore, the company's solvency is inextricably linked to the financial health of its parent; distress at the parent level could quickly cascade down. * Thin Capitalization: The share capital stands at only £1,848. For a company established in 1975, this nominal equity base suggests the business is funded primarily through debt, likely inter-company loans from the parent. This structure can leave the company vulnerable if the parent calls in these loans or ceases to provide funding. * Governance Overlap: There is a dual appointment of officers, specifically Justine Maxwell and Neil Forester Worgan, who hold both Director and Secretary positions. While legally permissible, combining these roles can compromise the segregation of duties and internal oversight, which is a governance red flag for institutional investors.

Positive Indicators: * Longevity and Stability: Incorporated in 1975, the company has nearly 50 years of operational history. This longevity suggests a sustainable business model and the ability to navigate multiple economic cycles. * Regulatory Compliance: The company status is "Active," and it is not in liquidation. Crucially, both the accounts and the confirmation statement are marked as "NO" for overdue, indicating adherence to statutory filing requirements. * Operational Clarity: The company has a clear, active web presence describing its focus on "Field Sales and Experiential Marketing." The evolution of the company name (from Aspen Television to Reach Contact) reflects a natural business pivot rather than obfuscation.

Due Diligence Notes: * Parent Entity Investigation: A full credit and financial check on "Awesomecorp Limited" is essential. The risk profile of REACH CONTACT LIMITED cannot be fully understood without assessing the solvency and liquidity of the ultimate parent. * Inter-company Balances: The filed accounts (when available) should be scrutinized for the size and terms of inter-company loans. A sudden withdrawal of inter-company credit is the most likely liquidity shock for this type of entity. * Data Anomaly: The confirmation statement "last made up" date is listed as 2026-05-30, which is a future date. This should be verified with Companies House to ensure there isn't a data entry error or a filing irregularity.