Abstract: A reversible ratchet including a ratchet body having a drive member for applying torque to a workpiece. The ratchet body defining a receptacle and a ratchet assembly disposed in the receptacle. The ratchet assembly including a rotatable gear, a first pawl and a second pawl, where the first and second pawls are engageable with the gear. The ratchet includes a reverse lever coupled to the first and second pawls and movable between a first position and a second position. The first pawl engaging the gear in the first position of the reverse lever, and the second pawl engaging the gear in the second position of the reverse lever. The ratchet also includes a cover plate connected to the ratchet body. The cover plate includes a spacer that engages the reverse lever to allow movement of the reverse lever substantially only between the first and second positions.