Reliance Motors Ltd
10847420
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 03/07/2017
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 1 other board
Persons with Significant Control
Mr Aftab Azhar Cheema
British · England · Age 55
165, London Road, Grays, RM17 5YP
Notified 03/07/2017
CompanyRankvs 2594+ SIC 45111 peers33
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2024
Net Worth
-£3k
Balance sheet strength
Cash
£626
Cash in the bank
Net Current Assets
-£4k
Working capital
Current Assets
£7k
Current Liabilities
£10k
Fixed Assets
£778
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.65 | -£4k |
| 2023 | 1.04 | +£8k |
| 2022 | 0.73 | +£169 |
| 2021 | 0.64 | — |
Derived from filed accounts. Not audited figures.