reliance energy limited
reliance energy limited Company Information
Company Number
09548013
Website
www.relianceenergy.euRegistered Address
international house, 12 constance street, london, E16 2DQ
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
joshua berger 15%
mark wheeler 10%
View Allreliance energy limited Estimated Valuation
Pomanda estimates the enterprise value of RELIANCE ENERGY LIMITED at £495.5k based on a Turnover of £882.6k and 0.56x industry multiple (adjusted for size and gross margin).
reliance energy limited Estimated Valuation
Pomanda estimates the enterprise value of RELIANCE ENERGY LIMITED at £0 based on an EBITDA of £-63.9k and a 4.4x industry multiple (adjusted for size and gross margin).
reliance energy limited Estimated Valuation
Pomanda estimates the enterprise value of RELIANCE ENERGY LIMITED at £4.1m based on Net Assets of £1.8m and 2.27x industry multiple (adjusted for liquidity).
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Reliance Energy Limited Overview
Reliance Energy Limited is a live company located in london, E16 2DQ with a Companies House number of 09548013. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2015, it's largest shareholder is joshua berger with a 15% stake. Reliance Energy Limited is a young, small sized company, Pomanda has estimated its turnover at £882.6k with declining growth in recent years.
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Reliance Energy Limited Health Check
Pomanda's financial health check has awarded Reliance Energy Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £882.6k, make it smaller than the average company (£3.6m)
- Reliance Energy Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -46%, show it is growing at a slower rate (4.4%)
- Reliance Energy Limited
4.4% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
- Reliance Energy Limited
38.2% - Industry AVG
Profitability
an operating margin of -7.3% make it less profitable than the average company (6.3%)
- Reliance Energy Limited
6.3% - Industry AVG
Employees
with 8 employees, this is below the industry average (23)
8 - Reliance Energy Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
- Reliance Energy Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £110.3k, this is less efficient (£150.2k)
- Reliance Energy Limited
£150.2k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (41 days)
- Reliance Energy Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (32 days)
- Reliance Energy Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 260 days, this is more than average (32 days)
- Reliance Energy Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 493 weeks, this is more cash available to meet short term requirements (25 weeks)
493 weeks - Reliance Energy Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.4%, this is a lower level of debt than the average (61.6%)
1.4% - Reliance Energy Limited
61.6% - Industry AVG
reliance energy limited Credit Report and Business Information
Reliance Energy Limited Competitor Analysis
Perform a competitor analysis for reliance energy limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
reliance energy limited Ownership
RELIANCE ENERGY LIMITED group structure
Reliance Energy Limited has 8 subsidiary companies.
Ultimate parent company
RELIANCE ENERGY LIMITED
09548013
8 subsidiaries
reliance energy limited directors
Reliance Energy Limited currently has 2 directors. The longest serving directors include Mr Neil Drake (May 2016) and Mr Robert Bankovskis (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Drake | United Kingdom | 48 years | May 2016 | - | Director |
| Mr Robert Bankovskis | England | 65 years | Oct 2017 | - | Director |
RELIANCE ENERGY LIMITED financials
Reliance Energy Limited's latest turnover from April 2023 is estimated at £882.6 thousand and the company has net assets of £1.8 million. According to their latest financial statements, Reliance Energy Limited has 8 employees and maintains cash reserves of £238.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 8 | 8 | 6 | 7 | 8 | 6 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,113 | 5,141 | 2,975 | 3,719 | 3,388 | 4,235 | 1,997 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 36,000 | 36,000 | 36,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 40,113 | 41,141 | 38,975 | 3,719 | 3,388 | 4,235 | 1,997 | 0 |
| Stock & work in progress | 389,841 | 134,361 | 829,658 | 761,803 | 317,393 | 0 | 0 | 0 |
| Trade Debtors | 95,040 | 764,027 | 1,344,605 | 1,478,515 | 2,319,960 | 2,896,407 | 604,500 | 0 |
| Group Debtors | 750,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 324,695 | 631,676 | 889,812 | 1,029,906 | 839,969 | 1,798,111 | 1,126,553 | 23,217 |
| Cash | 238,836 | 841,170 | 706,856 | 263,858 | 764,310 | 491,066 | 2,753,942 | 5,131,921 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,798,412 | 2,371,234 | 3,770,931 | 3,534,082 | 4,241,632 | 5,185,584 | 4,484,995 | 5,155,138 |
| total assets | 1,838,525 | 2,412,375 | 3,809,906 | 3,537,801 | 4,245,020 | 5,189,819 | 4,486,992 | 5,155,138 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 14,858 | 10,940 | 4,349 | 12,095 | 16,284 | 20,379 | 99,986 | 47,140 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 10,316 | 546,151 | 1,100,473 | 157,919 | 45,147 | 446,153 | 30,070 | 856,690 |
| total current liabilities | 25,174 | 557,091 | 1,104,822 | 170,014 | 61,431 | 466,532 | 130,056 | 903,830 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 25,174 | 557,091 | 1,104,822 | 170,014 | 61,431 | 466,532 | 130,056 | 903,830 |
| net assets | 1,813,351 | 1,855,284 | 2,705,084 | 3,367,787 | 4,183,589 | 4,723,287 | 4,356,936 | 4,251,308 |
| total shareholders funds | 1,813,351 | 1,855,284 | 2,705,084 | 3,367,787 | 4,183,589 | 4,723,287 | 4,356,936 | 4,251,308 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,028 | 1,023 | 744 | 818 | 847 | 654 | 238 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 255,480 | -695,297 | 67,855 | 444,410 | 317,393 | 0 | 0 | 0 |
| Debtors | -225,968 | -838,714 | -274,004 | -651,508 | -1,534,589 | 2,963,465 | 1,707,836 | 23,217 |
| Creditors | 3,918 | 6,591 | -7,746 | -4,189 | -4,095 | -79,607 | 52,846 | 47,140 |
| Accruals and Deferred Income | -535,835 | -554,322 | 942,554 | 112,772 | -401,006 | 416,083 | -826,620 | 856,690 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 36,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -602,334 | 134,314 | 442,998 | -500,452 | 273,244 | -2,262,876 | -2,377,979 | 5,131,921 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -602,334 | 134,314 | 442,998 | -500,452 | 273,244 | -2,262,876 | -2,377,979 | 5,131,921 |
P&L
April 2023turnover
882.6k
-68%
operating profit
-64.9k
0%
gross margin
38.2%
+0.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.8m
-0.02%
total assets
1.8m
-0.24%
cash
238.8k
-0.72%
net assets
Total assets minus all liabilities
reliance energy limited company details
company number
09548013
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
reliance energy ltd limited (July 2015)
incorporated
UK
address
international house, 12 constance street, london, E16 2DQ
last accounts submitted
April 2023
reliance energy limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to reliance energy limited.
reliance energy limited Companies House Filings - See Documents
| date | description | view/download |
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