reliance advisory limited
reliance advisory limited Company Information
Company Number
09888100
Next Accounts
1483 days late
Industry
Other information service activities n.e.c.
Shareholders
gary price
adam crowley
Group Structure
View All
Contact
Registered Address
pkf gm 3rd floor one park row, leeds, west yorkshire, LS1 5HN
reliance advisory limited Estimated Valuation
Pomanda estimates the enterprise value of RELIANCE ADVISORY LIMITED at £1.1m based on a Turnover of £1.4m and 0.75x industry multiple (adjusted for size and gross margin).
reliance advisory limited Estimated Valuation
Pomanda estimates the enterprise value of RELIANCE ADVISORY LIMITED at £151.3k based on an EBITDA of £41.2k and a 3.67x industry multiple (adjusted for size and gross margin).
reliance advisory limited Estimated Valuation
Pomanda estimates the enterprise value of RELIANCE ADVISORY LIMITED at £75k based on Net Assets of £29.3k and 2.56x industry multiple (adjusted for liquidity).
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Reliance Advisory Limited Overview
Reliance Advisory Limited is a live company located in west yorkshire, LS1 5HN with a Companies House number of 09888100. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in November 2015, it's largest shareholder is gary price with a 50% stake. Reliance Advisory Limited is a young, small sized company, Pomanda has estimated its turnover at £1.4m with unknown growth in recent years.
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Reliance Advisory Limited Health Check
Pomanda's financial health check has awarded Reliance Advisory Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £1.4m, make it larger than the average company (£561.5k)
- Reliance Advisory Limited
£561.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Reliance Advisory Limited
- - Industry AVG
Production
with a gross margin of 31.8%, this company has a higher cost of product (61%)
- Reliance Advisory Limited
61% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (5.1%)
- Reliance Advisory Limited
5.1% - Industry AVG
Employees
with 60 employees, this is above the industry average (17)
60 - Reliance Advisory Limited
17 - Industry AVG
Pay Structure
on an average salary of £25.2k, the company has an equivalent pay structure (£25.2k)
- Reliance Advisory Limited
£25.2k - Industry AVG
Efficiency
resulting in sales per employee of £23.4k, this is less efficient (£49.5k)
- Reliance Advisory Limited
£49.5k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (33 days)
- Reliance Advisory Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 118 days, this is slower than average (37 days)
- Reliance Advisory Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is more than average (14 days)
- Reliance Advisory Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (104 weeks)
2 weeks - Reliance Advisory Limited
104 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.4%, this is a higher level of debt than the average (34.9%)
91.4% - Reliance Advisory Limited
34.9% - Industry AVG
RELIANCE ADVISORY LIMITED financials
Reliance Advisory Limited's latest turnover from November 2018 is estimated at £1.4 million and the company has net assets of £29.3 thousand. According to their latest financial statements, Reliance Advisory Limited has 60 employees and maintains cash reserves of £15.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2018 | Nov 2017 | Nov 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 | 60 | 42 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|
| Tangible Assets | 13,125 | 13,522 | 2,898 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 13,125 | 13,522 | 2,898 |
| Stock & work in progress | 61,784 | 87,124 | 0 |
| Trade Debtors | 252,488 | 107,989 | 45,541 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 15,425 | 15,565 | 1,353 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 329,697 | 210,678 | 46,894 |
| total assets | 342,822 | 224,200 | 49,792 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 310,983 | 220,450 | 65,056 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 310,983 | 220,450 | 65,056 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 8,643 |
| provisions | 2,494 | 2,569 | 0 |
| total long term liabilities | 2,494 | 2,569 | 8,643 |
| total liabilities | 313,477 | 223,019 | 73,699 |
| net assets | 29,345 | 1,181 | -23,907 |
| total shareholders funds | 29,345 | 1,181 | -23,907 |
| Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 6,507 | ||
| Amortisation | 0 | ||
| Tax | |||
| Stock | -25,340 | 87,124 | 0 |
| Debtors | 144,499 | 62,448 | 45,541 |
| Creditors | 90,533 | 155,394 | 65,056 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -75 | 2,569 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | -8,643 | 8,643 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -140 | 14,212 | 1,353 |
| overdraft | 0 | 0 | 0 |
| change in cash | -140 | 14,212 | 1,353 |
reliance advisory limited Credit Report and Business Information
Reliance Advisory Limited Competitor Analysis
Perform a competitor analysis for reliance advisory limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in LS1 area or any other competitors across 12 key performance metrics.
reliance advisory limited Ownership
RELIANCE ADVISORY LIMITED group structure
Reliance Advisory Limited has no subsidiary companies.
Ultimate parent company
RELIANCE ADVISORY LIMITED
09888100
reliance advisory limited directors
Reliance Advisory Limited currently has 2 directors. The longest serving directors include Mr Gary Price (Nov 2015) and Mr Adam Crowley (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Price | United Kingdom | 39 years | Nov 2015 | - | Director |
| Mr Adam Crowley | United Kingdom | 38 years | Sep 2016 | - | Director |
P&L
November 2018turnover
1.4m
+77%
operating profit
34.7k
0%
gross margin
31.8%
-10.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2018net assets
29.3k
+23.85%
total assets
342.8k
+0.53%
cash
15.4k
-0.01%
net assets
Total assets minus all liabilities
Similar Companies
reliance advisory limited company details
company number
09888100
Type
Private limited with Share Capital
industry
63990 - Other information service activities n.e.c.
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
November 2018
previous names
N/A
accountant
ALLENS ACCOUNTANTS LIMITED
auditor
-
address
pkf gm 3rd floor one park row, leeds, west yorkshire, LS1 5HN
Bank
-
Legal Advisor
-
reliance advisory 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 advisory limited.
reliance advisory limited Capital Raised & Share Issues BETA
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.
Click to start generating capital raising & share issue transactions for RELIANCE ADVISORY LIMITED. This can take several minutes, an email will notify you when this has completed.
reliance advisory limited Companies House Filings - See Documents
| date | description | view/download |
|---|
