reliance security solution ltd

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reliance security solution ltd Company Information

Share RELIANCE SECURITY SOLUTION LTD

Company Number

13615764

Directors

Shahzad Iqbal

Shareholders

shahzad iqbal

Group Structure

View All

Industry

Private security activities

 

Registered Address

246-250 romford road, london, E7 9HZ

Website

-

reliance security solution ltd Estimated Valuation

£16.7k

Pomanda estimates the enterprise value of RELIANCE SECURITY SOLUTION LTD at £16.7k based on a Turnover of £43.3k and 0.39x industry multiple (adjusted for size and gross margin).

reliance security solution ltd Estimated Valuation

£5.8k

Pomanda estimates the enterprise value of RELIANCE SECURITY SOLUTION LTD at £5.8k based on an EBITDA of £1.8k and a 3.21x industry multiple (adjusted for size and gross margin).

reliance security solution ltd Estimated Valuation

£2.6k

Pomanda estimates the enterprise value of RELIANCE SECURITY SOLUTION LTD at £2.6k based on Net Assets of £1.4k and 1.95x industry multiple (adjusted for liquidity).

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Reliance Security Solution Ltd Overview

Reliance Security Solution Ltd is a live company located in london, E7 9HZ with a Companies House number of 13615764. It operates in the private security activities sector, SIC Code 80100. Founded in September 2021, it's largest shareholder is shahzad iqbal with a 100% stake. Reliance Security Solution Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £43.3k with unknown growth in recent years.

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Reliance Security Solution Ltd Health Check

Pomanda's financial health check has awarded Reliance Security Solution Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £43.3k, make it smaller than the average company (£4.1m)

£43.3k - Reliance Security Solution Ltd

£4.1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Reliance Security Solution Ltd

- - Industry AVG

production

Production

with a gross margin of 13.7%, this company has a higher cost of product (21.6%)

13.7% - Reliance Security Solution Ltd

21.6% - Industry AVG

profitability

Profitability

an operating margin of 4.2% make it as profitable than the average company (3.9%)

4.2% - Reliance Security Solution Ltd

3.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (66)

1 - Reliance Security Solution Ltd

66 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)

£30.4k - Reliance Security Solution Ltd

£30.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £43.3k, this is less efficient (£57.2k)

£43.3k - Reliance Security Solution Ltd

£57.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 108 days, this is later than average (49 days)

108 days - Reliance Security Solution Ltd

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (19 days)

9 days - Reliance Security Solution Ltd

19 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Reliance Security Solution Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Reliance Security Solution Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 89.4%, this is a higher level of debt than the average (70.9%)

89.4% - Reliance Security Solution Ltd

70.9% - Industry AVG

RELIANCE SECURITY SOLUTION LTD financials

EXPORTms excel logo

Reliance Security Solution Ltd's latest turnover from September 2023 is estimated at £43.3 thousand and the company has net assets of £1.4 thousand. According to their latest financial statements, we estimate that Reliance Security Solution Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022
Turnover43,3335
Other Income Or Grants
Cost Of Sales37,4094
Gross Profit5,9241
Admin Expenses4,119
Operating Profit1,8051
Interest Payable
Interest Receivable
Pre-Tax Profit1,8051
Tax-451
Profit After Tax1,3541
Dividends Paid
Retained Profit1,3541
Employee Costs30,35327,733
Number Of Employees11
EBITDA*1,8051

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors12,8281
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets12,8281
total assets12,8281
Bank overdraft
Bank loan
Trade Creditors 1,017
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,017
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities10,456
provisions
total long term liabilities10,456
total liabilities11,473
net assets1,3551
total shareholders funds1,3551
Sep 2023Sep 2022
Operating Activities
Operating Profit1,8051
Depreciation
Amortisation
Tax-451
Stock
Debtors12,8271
Creditors1,017
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-10,456
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities10,456
share issue
interest
cash flow from financing10,456
cash and cash equivalents
cash
overdraft
change in cash

reliance security solution ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Reliance Security Solution Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for reliance security solution ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in E 7 area or any other competitors across 12 key performance metrics.

reliance security solution ltd Ownership

RELIANCE SECURITY SOLUTION LTD group structure

Reliance Security Solution Ltd has no subsidiary companies.

Ultimate parent company

RELIANCE SECURITY SOLUTION LTD

13615764

RELIANCE SECURITY SOLUTION LTD Shareholders

shahzad iqbal 100%

reliance security solution ltd directors

Reliance Security Solution Ltd currently has 1 director, Mr Shahzad Iqbal serving since Sep 2021.

officercountryagestartendrole
Mr Shahzad IqbalEngland33 years Sep 2021- Director

P&L

September 2023

turnover

43.3k

+873599%

operating profit

1.8k

0%

gross margin

13.7%

+4.32%

turnover

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

Balance Sheet

September 2023

net assets

1.4k

+1354%

total assets

12.8k

+12827%

cash

0

0%

net assets

Total assets minus all liabilities

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reliance security solution ltd company details

company number

13615764

Type

Private limited with Share Capital

industry

80100 - Private security activities

incorporation date

September 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

246-250 romford road, london, E7 9HZ

Bank

-

Legal Advisor

-

reliance security solution 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 did not find charges/mortgages relating to reliance security solution ltd.

reliance security solution ltd 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.

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reliance security solution ltd Companies House Filings - See Documents

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