{"name":"REEFSOUTH LIMITED","company_number":"02845584","status":"Active","type":"Private Limited Company","incorporated":"1993-08-18","dissolved":null,"registered_office":"1 English Business Park, English Close, Hove, East Sussex, United Kingdom, BN3 7ET","postcode":"BN3 7ET","sic_codes":[{"code":68100,"description":"Buying and selling of own real estate"},{"code":68209,"description":"Other letting and operating of own or leased real estate"}],"principal_activity":"The principal activity of the company is property investment.","previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 July","last_made_up_to":"2025-07-29","next_due":"2027-04-30"},"employees":{"count":4,"accounts_date":"2025-07-29"},"financials":[{"financial_date":"2025-07-29","net_assets":4257628,"cash":106802,"average_employees":4},{"financial_date":"2024-07-31","net_assets":4242892,"cash":10649,"average_employees":4},{"financial_date":"2023-07-31","net_assets":4066264,"cash":143857},{"financial_date":"2022-07-31","net_assets":2360439,"cash":25430},{"financial_date":"2021-07-31","net_assets":2343315,"cash":30609}],"officers":{"current":1,"resigned":8,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":98,"outstanding":46},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Reefsouth Limited is a proven property investment vehicle with a 30-year track record of capital accumulation, having grown net assets from £1.4M to £4.3M while successfully navigating multiple market cycles. The company's primary strategic advantages—owner-operator alignment, deep local market knowledge, and an expanding asset base—are tempered by significant leverage exposure, key-person dependency, and concentrated real estate risk. The immediate priority should be strengthening governance resilience through succession planning, optimizing the capital structure in the current rate environment, and formalizing a growth strategy that leverages the £5.8M in working capital to diversify the portfolio beyond its current geographic and asset-class concentration.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/reefsouth","people":"https://www.companiesintheuk.co.uk/company/reefsouth/people","filing_history":"https://www.companiesintheuk.co.uk/company/reefsouth/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02845584","financials":"https://www.companiesintheuk.co.uk/company/reefsouth/financial","control":"https://www.companiesintheuk.co.uk/company/reefsouth/control","charges":"https://www.companiesintheuk.co.uk/company/reefsouth/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/reefsouth/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/reefsouth"}