reliance worldwide finance limited
reliance worldwide finance limited Company Information
Company Number
11369357
Next Accounts
Mar 2025
Shareholders
reliance worldwide holdings (uk) limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
+1Registered Address
reliance worldwide corporation (, horton road, west drayton, UB7 8JL
Website
rwc.comreliance worldwide finance limited Estimated Valuation
Pomanda estimates the enterprise value of RELIANCE WORLDWIDE FINANCE LIMITED at £0 based on a Turnover of £0 and 1.03x industry multiple (adjusted for size and gross margin).
reliance worldwide finance limited Estimated Valuation
Pomanda estimates the enterprise value of RELIANCE WORLDWIDE FINANCE LIMITED at £0 based on an EBITDA of £-37.3k and a 5.43x industry multiple (adjusted for size and gross margin).
reliance worldwide finance limited Estimated Valuation
Pomanda estimates the enterprise value of RELIANCE WORLDWIDE FINANCE LIMITED at £648.7m based on Net Assets of £297.2m and 2.18x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Reliance Worldwide Finance Limited Overview
Reliance Worldwide Finance Limited is a live company located in west drayton, UB7 8JL with a Companies House number of 11369357. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in May 2018, it's largest shareholder is reliance worldwide holdings (uk) limited with a 100% stake. Reliance Worldwide Finance Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Reliance Worldwide Finance Limited Health Check
Pomanda's financial health check has awarded Reliance Worldwide Finance Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 1 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Reliance Worldwide Finance Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Reliance Worldwide Finance Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Reliance Worldwide Finance Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Reliance Worldwide Finance Limited
- - Industry AVG
Employees
with 3 employees, this is below the industry average (53)
- - Reliance Worldwide Finance Limited
- - Industry AVG
Pay Structure
on an average salary of £39.2k, the company has an equivalent pay structure (£39.2k)
- Reliance Worldwide Finance Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Reliance Worldwide Finance Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Reliance Worldwide Finance Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Reliance Worldwide Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reliance Worldwide Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 480 weeks, this is more cash available to meet short term requirements (24 weeks)
- - Reliance Worldwide Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (61%)
- - Reliance Worldwide Finance Limited
- - Industry AVG
RELIANCE WORLDWIDE FINANCE LIMITED financials
Reliance Worldwide Finance Limited's latest turnover from June 2023 is 0 and the company has net assets of £297.2 million. According to their latest financial statements, Reliance Worldwide Finance Limited has 3 employees and maintains cash reserves of £366.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | 37,260 | 98,638 | ||||
| Operating Profit | -37,260 | -98,638 | ||||
| Interest Payable | ||||||
| Interest Receivable | 17,820,675 | 17,813,540 | 18,722,218 | 17,050,242 | ||
| Pre-Tax Profit | 17,783,415 | 17,813,541 | 18,623,581 | 17,050,242 | ||
| Tax | -3,645,949 | -3,384,335 | -3,538,480 | -3,239,545 | ||
| Profit After Tax | 14,137,466 | 14,429,206 | 15,085,101 | 13,810,697 | ||
| Dividends Paid | 14,074,045 | 14,192,960 | 15,056,678 | 13,810,697 | ||
| Retained Profit | 63,422 | 236,245 | 28,423 | |||
| Employee Costs | ||||||
| Number Of Employees | 3 | 3 | 3 | 3 | ||
| EBITDA* | -37,260 | -98,638 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | 296,897,098 | 312,035,944 | 283,394,279 | |||
| Total Fixed Assets | 296,897,098 | 312,035,944 | 283,394,279 | |||
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | 296,897,098 | 57,716 | ||||
| Misc Debtors | 29,212 | |||||
| Cash | 366,260 | 329,792 | 43 | |||
| misc current assets | ||||||
| total current assets | 366,260 | 297,226,891 | 29,257 | 57,717 | ||
| total assets | 297,263,358 | 297,226,891 | 312,065,201 | 283,451,996 | ||
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | ||||||
| Group/Directors Accounts | 833 | |||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 39,638 | 66,592 | 57,716 | |||
| total current liabilities | 39,638 | 66,593 | 833 | 57,716 | ||
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 39,638 | 66,593 | 833 | 57,716 | ||
| net assets | 297,223,720 | 297,160,298 | 312,064,368 | 283,394,280 | ||
| total shareholders funds | 297,223,720 | 297,160,298 | 312,064,368 | 283,394,280 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -37,260 | -98,638 | ||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | -3,645,949 | -3,384,335 | -3,538,480 | -3,239,545 | ||
| Stock | ||||||
| Debtors | -15,168,059 | 28,613,162 | 283,451,995 | |||
| Creditors | ||||||
| Accruals and Deferred Income | -26,954 | 66,592 | -57,716 | 57,716 | ||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | -3,710,163 | 11,850,316 | -32,307,996 | -286,633,824 | ||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -833 | 833 | ||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | 17,820,675 | 17,813,540 | 18,722,218 | 17,050,242 | ||
| cash flow from financing | 17,820,675 | 2,672,392 | 47,364,716 | 300,444,522 | ||
| cash and cash equivalents | ||||||
| cash | 36,467 | 329,749 | 43 | |||
| overdraft | ||||||
| change in cash | 36,467 | 329,749 | 43 |
reliance worldwide finance limited Credit Report and Business Information
Reliance Worldwide Finance Limited Competitor Analysis
Perform a competitor analysis for reliance worldwide finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in UB7 area or any other competitors across 12 key performance metrics.
reliance worldwide finance limited Ownership
RELIANCE WORLDWIDE FINANCE LIMITED group structure
Reliance Worldwide Finance Limited has no subsidiary companies.
Ultimate parent company
RELIANCE WORLDWIDE CORP LTD
#0111104
2 parents
RELIANCE WORLDWIDE FINANCE LIMITED
11369357
reliance worldwide finance limited directors
Reliance Worldwide Finance Limited currently has 3 directors. The longest serving directors include Mr Simon Curry (Mar 2023) and Mrs Sarah Brook (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Curry | England | 53 years | Mar 2023 | - | Director |
| Mrs Sarah Brook | 57 years | Mar 2023 | - | Director | |
| Anisha Rayat | 37 years | Dec 2023 | - | Director |
P&L
June 2023turnover
0
0%
operating profit
-37.3k
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
297.2m
0%
total assets
297.3m
0%
cash
366.3k
+0.11%
net assets
Total assets minus all liabilities
reliance worldwide finance limited company details
company number
11369357
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
69201 - Accounting, and auditing activities
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
CLEMENT RABJOHNS LIMITED
address
reliance worldwide corporation (, horton road, west drayton, UB7 8JL
Bank
-
Legal Advisor
-
reliance worldwide finance 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 worldwide finance limited.
reliance worldwide finance 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 WORLDWIDE FINANCE LIMITED. This can take several minutes, an email will notify you when this has completed.
reliance worldwide finance limited Companies House Filings - See Documents
| date | description | view/download |
|---|
