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Reliable Networks Limited

05329726

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

12 HALLMARK TRADING ESTATE, WEMBLEY, HA9 0LB
Incorporated 11/01/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Paul Fisher

director · Since 11/01/2005

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Paul Fisher

secretary · Since 02/11/2007

DIRECTOR

BRITISH · Age 54

Persons with Significant Control

Mr Paul Fisher

75–100% shares
75–100% votes
Appoint directors

British · England · Age 54

12, Hallmark Trading Estate, Wembley, HA9 0LB

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 10/02/2016Registered 15/02/2016

CompanyRankvs 454+ SIC 62090 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.69× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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454Reliable Networks Limited
89
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/01/2025

Net Worth

£722k

Balance sheet strength

Cash

£788k

Cash in the bank

Net Current Assets

£719k

Working capital

Current Assets

£1.1M

Current Liabilities

£426k

Fixed Assets

£6k

Debtors

£357k

29avg. employees

Tax at Year End(2019)

Corp tax£26k

Balance Sheet

Assets less current liabilities£725k
Signed by Mr Paul Fisher 17 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.69+£17k
20242.18+£65k
20231.90+£78k
20222.73+£339k
20211.77+£76k
20201.42+£5k
20191.47—

Derived from filed accounts. Not audited figures.