Reliance Precision Limited

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SOLUTIONS

reliance precision limited Company Information

Company Number

00171578

Next Accounts

Dec 2025

Directors

Ian Walter

Mark Papworth

View All

Shareholders

reliance rg ltd

Group Structure

View All

Industry

Machining

Registered Address

rowley mills, penistone road, lepton, huddersfield, HD8 0LE

Website

www.reliance.co.uk

reliance precision limited Estimated Valuation

£37.6m

Pomanda estimates the enterprise value of RELIANCE PRECISION LIMITED at £37.6m based on Net Assets of £17.6m and 2.14x industry multiple (adjusted for liquidity).

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Reliance Precision Limited is a live company located in lepton, HD8 0LE with a Companies House number of 00171578. It operates in the machining sector, SIC Code 25620. Founded in November 1920, it's largest shareholder is reliance rg ltd with a 100% stake. Reliance Precision Limited is a mature, large sized company, Pomanda has estimated its turnover at £29.4m with healthy growth in recent years.

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Pomanda's financial health check has awarded Reliance Precision Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

3 Regular

5 Weak

Size

annual sales of £29.4m, make it larger than the average company (£14.4m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8%)

EXPORT

Reliance Precision Limited's latest turnover from March 2024 is £29.4 million and the company has net assets of £17.6 million. According to their latest financial statements, Reliance Precision Limited has 218 employees and maintains cash reserves of £3.7 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	29,432,651	30,104,441	30,783,305	25,704,652	24,837,239	25,350,248	23,746,770	21,584,482	20,145,620	20,133,261	20,875,949	21,045,323	20,404,880	18,405,621	15,375,328
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	24,742,664	23,943,171	23,181,752	20,499,095	19,156,986	19,060,174	18,234,835	15,965,167	14,678,187	14,503,472	14,314,574	14,296,712	13,190,058	12,622,648	11,099,501
Gross Profit	4,689,987	6,161,270	7,601,553	5,205,557	5,680,253	6,290,074	5,511,935	5,619,315	5,467,433	5,629,789	6,561,375	6,748,611	7,214,822	5,782,973	4,275,827
Admin Expenses	5,460,530	4,464,170	4,203,034	3,469,982	3,841,981	4,192,422	3,953,927	3,829,466	3,760,328	4,410,368	4,198,842	4,012,088	4,115,143	3,763,255	3,952,954
Operating Profit	-770,543	1,697,100	3,398,519	1,735,575	1,838,272	2,097,652	1,558,008	1,789,849	1,707,105	1,219,421	2,362,533	2,736,523	3,099,679	2,019,718	322,873
Interest Payable	45,442	3,135	11,172	12,818	2,896	0	16,311	32,622	32,622	36,622	75,026	48,338	42,550	70,722	82,571
Interest Receivable	88,767	16,475	0	10,275	18,529	16,244	13,018	17,621	21,180	30,343	45,974	29,738	20,397	13,782	14,022
Pre-Tax Profit	-727,218	1,710,440	3,803,451	1,733,032	1,853,905	2,113,896	1,554,715	2,385,087	1,817,457	1,217,142	2,333,481	2,717,923	3,077,526	1,965,778	254,324
Tax	322,797	146,132	-691,513	-55,096	-187,530	-93,567	-76,658	-183,275	37,909	-37,453	-318,132	-332,982	-591,630	-532,374	-36,797
Profit After Tax	-404,421	1,856,572	3,111,938	1,677,936	1,666,375	2,020,329	1,478,057	2,201,812	1,855,366	1,179,689	2,015,349	2,384,941	2,485,896	1,433,404	217,527
Dividends Paid	500,002	501,357	3,358,007	474,514	379,611	524,870	249,846	1,383,255	784,400	999,383	561,699	484,198	576,179	0	0
Retained Profit	-904,423	1,355,215	-246,069	1,203,422	1,286,764	1,495,459	1,228,211	818,557	1,070,966	180,306	1,453,650	1,900,743	1,909,717	1,429,582	157,339
Employee Costs	10,854,399	9,843,127	8,890,893	8,105,834	9,676,520	9,825,338	9,468,624	8,338,350	7,991,663	8,213,288	8,211,848	7,942,355	7,683,827	6,516,153	6,389,810
Number Of Employees	218	212	202	186	242	249	241	225	228	234	237	231	217	208	213
EBITDA*	293,100	2,617,398	4,450,334	2,825,153	3,123,491	3,357,936	2,665,686	3,026,315	2,894,018	2,204,106	3,266,142	3,638,361	3,745,757	2,756,013	1,090,961

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	6,387,906	4,020,027	3,843,969	6,697,395	8,363,339	7,413,397	7,373,942	6,433,789	7,219,099	6,229,873	6,375,178	6,289,467	5,100,077	5,411,521	7,005,214
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	604,989	604,989	604,989	966,989	391,000	366,000	349,000	344,000	296,000	295,000	263,000	207,130	180,880	202,940	181,440
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	6,992,895	4,625,016	4,448,958	7,664,384	8,754,339	7,779,397	7,722,942	6,777,789	7,515,099	6,524,873	6,638,178	6,496,597	5,280,957	5,614,461	7,186,654
Stock & work in progress	7,005,547	7,976,496	6,293,417	6,240,514	5,172,291	4,737,642	4,591,502	4,012,240	3,687,554	3,404,930	2,974,640	3,293,673	2,808,224	2,608,648	2,294,505
Trade Debtors	4,291,790	4,431,992	4,001,846	3,736,043	4,228,287	3,002,245	3,697,867	3,242,699	2,242,677	2,686,392	2,589,483	3,365,869	2,617,618	2,507,126	1,829,007
Group Debtors	84,243	22,310	54,016	18,834	2,785	0	17,538	10,533	0	0	0	5,675	0	0	0
Misc Debtors	1,157,717	1,653,447	1,242,972	676,180	668,892	1,117,585	1,129,474	934,934	688,798	797,124	603,042	354,526	692,121	392,356	210,256
Cash	3,714,599	4,554,545	6,663,717	6,810,944	5,126,532	5,315,197	3,460,193	4,448,252	4,307,838	3,763,231	4,763,075	4,071,877	3,086,941	3,625,246	2,580,627
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	16,253,896	18,638,790	18,255,968	17,482,515	15,198,787	14,172,669	12,896,574	12,648,658	10,926,867	10,651,677	10,930,240	11,091,620	9,204,904	9,133,376	6,914,395
total assets	23,246,791	23,263,806	22,704,926	25,146,899	23,953,126	21,952,066	20,619,516	19,426,447	18,441,966	17,176,550	17,568,418	17,588,217	14,485,861	14,747,837	14,101,049
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	202,805
Trade Creditors	1,241,503	1,313,598	1,332,372	1,794,861	1,111,416	1,233,499	1,241,121	1,161,748	1,051,765	1,165,309	1,048,493	1,292,554	1,012,191	1,171,844	869,721
Group/Directors Accounts	514,038	659,763	714,842	550,104	0	49,442	0	0	5,338	11,345	2,142	0	10,341	4,201	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	518,323	65,927	179,568	486,650	408,125	0	0	0	0	0	0	414,948	85,289	166,497	255,973
other current liabilities	2,170,485	1,935,134	2,840,274	2,141,232	1,351,323	1,422,928	1,425,530	1,545,042	1,144,858	1,067,550	1,237,698	1,450,742	1,555,714	1,717,290	1,175,580
total current liabilities	4,444,349	3,974,422	5,067,056	4,972,847	2,870,864	2,705,869	2,666,651	2,706,790	2,201,961	2,244,204	2,288,333	3,158,244	2,663,535	3,059,832	2,504,079
loans	0	0	0	0	0	0	293,695	543,695	543,695	543,695	543,695	543,695	543,695	1,043,695	1,445,086
hp & lease commitments	883,780	146,299	0	179,568	346,884	0	0	0	0	0	0	705,765	39,993	68,558	92,518
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	330,000	650,000	500,000	420,000	463,478	278,668	275,027	234,745	278,599	239,400	252,965	66,142	96,669	115,935	70,704
total long term liabilities	1,213,780	796,299	500,000	599,568	810,362	278,668	568,722	778,440	822,294	783,095	796,660	1,315,602	680,357	1,228,188	1,608,308
total liabilities	5,658,129	4,770,721	5,567,056	5,572,415	3,681,226	2,984,537	3,235,373	3,485,230	3,024,255	3,027,299	3,084,993	4,473,846	3,343,892	4,288,020	4,112,387
net assets	17,588,662	18,493,085	17,137,870	19,574,484	20,271,900	18,967,529	17,384,143	15,941,217	15,417,711	14,149,251	14,483,425	13,114,371	11,141,969	10,459,817	9,988,171
total shareholders funds	17,588,662	18,493,085	17,137,870	19,574,484	20,271,900	18,967,529	17,384,143	15,941,217	15,417,711	14,149,251	14,483,425	13,114,371	11,141,969	10,459,817	9,988,171

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-770,543	1,697,100	3,398,519	1,735,575	1,838,272	2,097,652	1,558,008	1,789,849	1,707,105	1,219,421	2,362,533	2,736,523	3,099,679	2,019,718	322,873
Depreciation	1,063,643	920,298	1,051,815	1,089,578	1,285,219	1,260,284	1,107,678	1,236,466	1,186,913	984,685	903,609	901,838	646,078	736,295	768,088
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	322,797	146,132	-691,513	-55,096	-187,530	-93,567	-76,658	-183,275	37,909	-37,453	-318,132	-332,982	-591,630	-532,374	-36,797
Stock	-970,949	1,683,079	52,903	1,068,223	434,649	146,140	579,262	324,686	282,624	430,290	-319,033	485,449	199,576	314,143	2,294,505
Debtors	-573,999	808,915	867,777	-468,907	780,134	-725,049	656,713	1,256,691	-552,041	290,991	-533,545	416,331	410,257	860,219	2,039,263
Creditors	-72,095	-18,774	-462,489	683,445	-122,083	-7,622	79,373	109,983	-113,544	116,816	-244,061	280,363	-159,653	302,123	869,721
Accruals and Deferred Income	235,351	-905,140	699,042	789,909	-71,605	-2,602	-119,512	400,184	77,308	-170,148	-213,044	-104,972	-161,576	541,710	1,175,580
Deferred Taxes & Provisions	-320,000	150,000	80,000	-43,478	184,810	3,641	40,282	-43,854	39,199	-13,565	186,823	-30,527	-19,266	45,231	70,704
Cash flow from operations	2,004,101	-502,378	3,154,694	3,600,617	1,712,300	3,836,695	1,353,196	1,727,976	3,204,307	1,378,475	3,530,306	2,548,463	2,203,799	1,938,341	-1,163,599
Investing Activities
capital expenditure	0	0	0	0	0	-1,340,604	-1,671,262	-201,188	-1,855,013	-1,270,738	-862,924	-862,683	-395,404	-258,324	-48,971
Change in Investments	0	0	-362,000	575,989	25,000	17,000	5,000	48,000	1,000	32,000	55,870	26,250	-22,060	21,500	181,440
cash flow from investments	0	0	362,000	-575,989	-25,000	-1,357,604	-1,676,262	-249,188	-1,856,013	-1,302,738	-918,794	-888,933	-373,344	-279,824	-230,411
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	-202,805	202,805
Group/Directors Accounts	-145,725	-55,079	164,738	550,104	-49,442	49,442	0	-5,338	-6,007	9,203	2,142	-10,341	6,140	4,201	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	-293,695	-250,000	0	0	0	0	0	-500,000	-401,391	1,445,086
Hire Purchase and Lease Commitments	1,189,877	32,658	-486,650	-88,791	755,009	0	0	0	0	0	-1,120,713	995,431	-109,773	-113,436	348,491
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	-2,190,545	-1,900,838	17,607	87,927	214,715	-295,051	197,494	-514,480	-84,596	71,659	-1,227,565	-957,936	9,830,832
interest	43,325	13,340	-11,172	-2,543	15,633	16,244	-3,293	-15,001	-11,442	-6,279	-29,052	-18,600	-22,153	-56,940	-68,549
cash flow from financing	1,087,477	-9,081	-2,523,629	-1,442,068	738,807	-140,082	-38,578	-315,390	180,045	-511,556	-1,232,219	1,038,149	-1,853,351	-1,728,307	11,758,665
cash and cash equivalents
cash	-839,946	-2,109,172	-147,227	1,684,412	-188,665	1,855,004	-988,059	140,414	544,607	-999,844	691,198	984,936	-538,305	1,044,619	2,580,627
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-839,946	-2,109,172	-147,227	1,684,412	-188,665	1,855,004	-988,059	140,414	544,607	-999,844	691,198	984,936	-538,305	1,044,619	2,580,627

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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RELIANCE PRECISION LIMITED group structure

Reliance Precision Limited has no subsidiary companies.

Ultimate parent company

RELIANCE RG LIMITED

07109964

1 parent

RELIANCE PRECISION LIMITED

00171578

RELIANCE PRECISION LIMITED Shareholders

reliance rg ltd

100%

Reliance Precision Limited currently has 6 directors. The longest serving directors include Mr Ian Walter (Feb 2008) and Mr Mark Papworth (Jan 2017).

officer	country	age	start	end	role
Mr Ian Walter		52 years	Feb 2008	-	Director
Mr Mark Papworth	United Kingdom	60 years	Jan 2017	-	Director
Mr Daniel Pedley		58 years	Jan 2017	-	Director
Mr James Selka		59 years	Jun 2017	-	Director
Mr William Selka		64 years	Apr 2020	-	Director
Mr David Jennings		59 years	Apr 2024	-	Director

P&L

March 2024

turnover

29.4m

-2%

operating profit

-770.5k

-145%

gross margin

16%

-22.14%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

17.6m

-0.05%

total assets

23.2m

cash

3.7m

-0.18%

net assets

Total assets minus all liabilities

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company number

00171578

Type

Private limited with Share Capital

industry

25620 - Machining

32990 - Other manufacturing n.e.c.

26701 - Manufacture of optical precision instruments

incorporation date

November 1920

ultimate parent company

RELIANCE RG LIMITED

previous names

reliance gear company limited (March 2005)

address

rowley mills, penistone road, lepton, huddersfield, HD8 0LE

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 found 6 charges/mortgages relating to reliance precision limited. Currently there are 1 open charges and 5 have been satisfied in the past.

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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reliance precision limited Company Information

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reliance precision limited Estimated Valuation

reliance precision limited Estimated Valuation

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RELIANCE PRECISION LIMITED financials

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