Back to search

Reliance Europe Limited

02522307

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

8TH FLOOR, LONDON, W1U 1QY
Incorporated 16/07/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46719
Wholesale of other fuels and related products
82990
Other business support service activities

Officers

Mr. Saji Varghese

secretary · Since 22/09/2017

Mr Saji Varghese

director · Since 22/09/2017

FINANCE MANAGER

BRITISH · UNITED KINGDOM · Age 56

Also on 11 other boards

Charges0 outstanding

charge
satisfied

STANDARD CHARTERED BANK AS SECURITY TRUSTEE FOR THE FINANCE PARTIES

Created 23/01/2002Registered 30/01/2002Satisfied 19/04/2006
charge
satisfied

AMERICAN EXPRESS BANK LTD

Created 15/12/1998Registered 24/12/1998Satisfied 16/11/2001
charge
satisfied

AMERICAN EXPRESS BANK LIMITED

Created 16/08/1991Registered 21/08/1991Satisfied 18/10/1991

CompanyRankvs 11+ SIC 46719 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 10.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1J.R. Rix & Sons Limited
90
2Course Hill Fuel Depot Limited
90
3Tincknell Fuels Limited
89
4Kinch Fuel Oils Limited
89
5Cambrian Gas Limited
89
6Equalresponse Limited
89
7Optimum Oils Limited
89
8G. Owen & Sons Limited
89
9Compass Fuel Oils Limited
89
10C.R. Hansard Limited
88
11Reliance Europe Limited
88
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going concern are de

Key FinancialsYear ending 31/12/2025

Net Worth

£15.1M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

£386k

Bottom line earnings

Net Current Assets

£2.7M

Working capital

Current Assets

£2.9M

Current Liabilities

£277k

Fixed Assets

£12.7M

Debtors

£1.3M

Admin Expenses

£3.4M

Profit After Tax

£285k

10avg. employees+2

Tax at Year End

Corp tax£17k

Balance Sheet

Assets less current liabilities£15.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202510.60+£285k
202421.24+£439k
202322.58+£597k
202219.97—

Derived from filed accounts. Not audited figures.