# CHALLIS REED LTD (07900143)

> CHALLIS REED LTD is an active private limited company (company number 07900143) incorporated on 6 January 2012, registered in St Ives. Its registered activity is repair of machinery (SIC 33120). Latest small accounts cover the period ending 31 October 2025, showing net assets of £191k and cash of £105k, with 4 employees on average. Net assets rose 13% on the prior period (£170k).

- Status: Active
- Incorporated: 2012-01-06
- Registered office: St Ives, PE27 5BN
- SIC 33120: Repair of machinery
- Next accounts due: 2027-07-31
- Confirmation statement due: 2027-01-20
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 958 comparable companies in Other (median £10k, upper quartile £70k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £191k | £105k | — | £31k | — | — | 4 |
| 2024-10-31 | £170k | £65k | — | £40k | — | — | 4 |

current ratio 7.22; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £190,996 at 31 October 2025
- Net assets up 10% or more on the prior period: +12.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 7.22
- Cash at bank of £50,000 or more: Cash £105,200
- Incorporated five or more years ago: Incorporated 6 January 2012

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Richard John Reed — owns 25–50% of shares, since 2016-04-06
- Mr Paul Robert Cowlan — owns 25–50% of shares; holds 25–50% of voting rights, since 2025-01-07

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/07900143
HTML: https://firmoscan.com/company/07900143-challis-reed-ltd