Reach PLC
Registered name: REACH PLC
Reach PLC made £539m revenue and £53.6m profit in the year to 31 Dec 2024.
Reach PLC’s revenue fell 5% to £539m in the year to 31 Dec 2024, with £53.6m profit and 9 employees. The company is classified under “activities of head offices” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 121 yrs · since 1904
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £569m | £539m |
| Cost of sales | −£345m | −£303m |
| Gross profit | £224m | £235m |
| Operating profit | £46.1m | £74.2m |
| Profit before tax | £36.7m | £62.8m |
| Profit after tax | £21.5m | £53.6m |
| Profit (best available) | £21.5m | £53.6m |
| Employees (average) | 9 | 9 |
| Ratios | ||
| Profit margin | 3.8% | 10% |
| Gross margin | 39.4% | 43.7% |
| Revenue per employee | £63.2m | £59.8m |
| Profit per employee | £2.4m | £6m |
| Growth (year on year) | ||
| Revenue growth | — | ▼5.3% |
| Profit growth | — | ▲149.3% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data May 2025 | Accounts · bulk data May 2025 |
How the business works
- Profit margin
- 10%
- Profit ÷ revenue.
- Gross margin
- 43.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £59.8m
- Revenue ÷ average employees.
- Profit per employee
- £6m
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- 0%
- Now 9
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (14)
- Blackmore Vale Publishing Company LimitedLiquidationFigures not disclosed
- Midland Newspapers Pension Trustees LimitedFigures not disclosed
- North Wales Independent Press LimitedLiquidationFigures not disclosed
- Quids-in (North West) LimitedLiquidationFigures not disclosed
- Reach Directors LimitedFigures not disclosed
- Reach Pension Trustees Ireland LimitedFigures not disclosed
- Reach Pension Trustees LimitedFigures not disclosed
- Reach Publishing Group LimitedFigures not disclosed
- Reach Secretaries LimitedFigures not disclosed
- Reach Shared Services LimitedFigures not disclosed
- TM Regional New Media LimitedLiquidationFigures not disclosed
- Trinity Mirror Digital LimitedFigures not disclosed
- Trinity Mirror Digital Media LimitedFigures not disclosed
- Trinity Newspaper Group LimitedLiquidationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £53.6m), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.