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Reliance Manufacturing Limited

07571820

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

39 HIGH STREET, WOLVERHAMPTON, WV11 1ST
Incorporated 21/03/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Nicholas Edward Smith

director · Since 21/03/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 5 other boards

Persons with Significant Control

Mr Nick Smith

75–100% shares

English · England · Age 71

39, High Street, Wolverhampton, WV11 1ST

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

SKIPTON BUSINESS FINANCE LIMITED

Created 18/12/2012Registered 22/12/2012Satisfied 17/07/2025

CompanyRankvs 4851+ SIC 25990 peers
33

Financial strength0th percentile among SIC peers · 0/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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

the director believes that sufficient measures are being taken to address the current supply issues to avoid these supply problems impacting on the company's ability to continue trading as a going concern. Turnover Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Intangible assets Intangible ass

Key FinancialsYear ending 30/06/2023

Net Worth

-£812k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

-£870k

Working capital

Current Assets

£422k

Current Liabilities

£1.3M

Fixed Assets

£78k

Debtors

£281k

7avg. employees

Balance Sheet

Intangible assets£64k
Bank loans & overdrafts£29k
Assets less current liabilities-£793k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.33-£34k
20220.33-£83k
20210.31-£1.1M
20200.50+£82k
20190.43+£159k
20180.64

Derived from filed accounts. Not audited figures.