reliable asset management ltd
reliable asset management ltd Company Information
Company Number
10898139
Website
-Registered Address
office 9, 4th floor, congress ho, 14 lyon road, harrow, HA1 2EN
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
May 2024
Group Structure
View All
Shareholders
reliable group ltd 100%
reliable asset management ltd Estimated Valuation
Pomanda estimates the enterprise value of RELIABLE ASSET MANAGEMENT LTD at £738.9k based on a Turnover of £344.3k and 2.15x industry multiple (adjusted for size and gross margin).
reliable asset management ltd Estimated Valuation
Pomanda estimates the enterprise value of RELIABLE ASSET MANAGEMENT LTD at £2.7k based on an EBITDA of £461 and a 5.84x industry multiple (adjusted for size and gross margin).
reliable asset management ltd Estimated Valuation
Pomanda estimates the enterprise value of RELIABLE ASSET MANAGEMENT LTD at £0 based on Net Assets of £-50.7k and 1.5x industry multiple (adjusted for liquidity).
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Reliable Asset Management Ltd Overview
Reliable Asset Management Ltd is a live company located in harrow, HA1 2EN with a Companies House number of 10898139. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2017, it's largest shareholder is reliable group ltd with a 100% stake. Reliable Asset Management Ltd is a young, micro sized company, Pomanda has estimated its turnover at £344.3k with healthy growth in recent years.
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Reliable Asset Management Ltd Health Check
Pomanda's financial health check has awarded Reliable Asset Management Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £344.3k, make it smaller than the average company (£757.9k)
- Reliable Asset Management Ltd
£757.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (1.2%)
- Reliable Asset Management Ltd
1.2% - Industry AVG
Production
with a gross margin of 69.5%, this company has a comparable cost of product (69.5%)
- Reliable Asset Management Ltd
69.5% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (47.7%)
- Reliable Asset Management Ltd
47.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Reliable Asset Management Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Reliable Asset Management Ltd
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £172.2k, this is equally as efficient (£172.2k)
- Reliable Asset Management Ltd
£172.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Reliable Asset Management Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Reliable Asset Management Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reliable Asset Management Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)
2 weeks - Reliable Asset Management Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63516.3%, this is a higher level of debt than the average (64.8%)
63516.3% - Reliable Asset Management Ltd
64.8% - Industry AVG
reliable asset management ltd Credit Report and Business Information
Reliable Asset Management Ltd Competitor Analysis
Perform a competitor analysis for reliable asset management ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
reliable asset management ltd Ownership
RELIABLE ASSET MANAGEMENT LTD group structure
Reliable Asset Management Ltd has no subsidiary companies.
Ultimate parent company
RELIABLE ASSET MANAGEMENT LTD
10898139
reliable asset management ltd directors
Reliable Asset Management Ltd currently has 2 directors. The longest serving directors include Mr Suneet Kapur (Aug 2017) and Mrs Aditi Kapur (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Suneet Kapur | England | 55 years | Aug 2017 | - | Director |
| Mrs Aditi Kapur | England | 51 years | Aug 2017 | - | Director |
RELIABLE ASSET MANAGEMENT LTD financials
Reliable Asset Management Ltd's latest turnover from August 2022 is estimated at £344.3 thousand and the company has net assets of -£50.7 thousand. According to their latest financial statements, Reliable Asset Management Ltd has 2 employees and maintains cash reserves of £63 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 17 | 551 | 1,084 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 17 | 551 | 1,084 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 424,854 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 784,228 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 3,409 | 708 | 0 | 0 |
| Cash | 63 | 907 | 106,670 | 82,993 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 63 | 4,316 | 107,378 | 507,847 | 784,228 |
| total assets | 80 | 4,867 | 108,462 | 507,847 | 784,228 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 91 | 0 | 52,523 | 154,623 | 127,970 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,200 | 1,680 | 48,795 | 43,504 | 38,320 |
| total current liabilities | 1,291 | 1,680 | 101,318 | 198,127 | 166,290 |
| loans | 49,522 | 50,000 | 50,000 | 307,204 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 618,438 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 49,522 | 50,000 | 50,000 | 307,204 | 618,438 |
| total liabilities | 50,813 | 51,680 | 151,318 | 505,331 | 784,728 |
| net assets | -50,733 | -46,813 | -42,856 | 2,516 | -500 |
| total shareholders funds | -50,733 | -46,813 | -42,856 | 2,516 | -500 |
| Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 534 | 534 | 535 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | -424,854 | 424,854 | 0 |
| Debtors | -3,409 | 2,701 | 708 | -784,228 | 784,228 |
| Creditors | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -480 | -47,115 | 5,291 | 5,184 | 38,320 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 91 | -52,523 | -102,100 | 26,653 | 127,970 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -478 | 0 | -257,204 | 307,204 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -618,438 | 618,438 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -844 | -105,763 | 23,677 | 82,993 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -844 | -105,763 | 23,677 | 82,993 | 0 |
P&L
August 2022turnover
344.3k
+2%
operating profit
-72
0%
gross margin
69.5%
-0.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2022net assets
-50.7k
+0.08%
total assets
80
-0.98%
cash
63
-0.93%
net assets
Total assets minus all liabilities
Similar Companies
reliable asset management ltd company details
company number
10898139
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
reliable maidenhead ltd (February 2018)
incorporated
UK
address
office 9, 4th floor, congress ho, 14 lyon road, harrow, HA1 2EN
last accounts submitted
August 2022
reliable asset management ltd 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 found 6 charges/mortgages relating to reliable asset management ltd. Currently there are 0 open charges and 6 have been satisfied in the past.
reliable asset management ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
