reliasys ltd
reliasys ltd Company Information
Company Number
08285258
Website
www.reliasys.co.ukRegistered Address
c/o neum insolvency, suite 9, am, 15 college road, harrow, middlesex, HA1 1BA
Industry
Other human health activities
Business and domestic software development
Telephone
02035002615
Next Accounts Due
August 2024
Group Structure
View All
Directors
Mark Harubi8 Years
Shareholders
mark eli harubi 100%
reliasys ltd Estimated Valuation
Pomanda estimates the enterprise value of RELIASYS LTD at £1.7m based on a Turnover of £2.7m and 0.62x industry multiple (adjusted for size and gross margin).
reliasys ltd Estimated Valuation
Pomanda estimates the enterprise value of RELIASYS LTD at £1.2m based on an EBITDA of £243.9k and a 4.83x industry multiple (adjusted for size and gross margin).
reliasys ltd Estimated Valuation
Pomanda estimates the enterprise value of RELIASYS LTD at £634.3k based on Net Assets of £276.9k and 2.29x industry multiple (adjusted for liquidity).
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Reliasys Ltd Overview
Reliasys Ltd is a live company located in harrow, HA1 1BA with a Companies House number of 08285258. It operates in the business and domestic software development sector, SIC Code 62012. Founded in November 2012, it's largest shareholder is mark eli harubi with a 100% stake. Reliasys Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.7m with rapid growth in recent years.
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Reliasys Ltd Health Check
Pomanda's financial health check has awarded Reliasys Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £2.7m, make it larger than the average company (£1.6m)
- Reliasys Ltd
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (5.9%)
- Reliasys Ltd
5.9% - Industry AVG
Production
with a gross margin of 55.6%, this company has a comparable cost of product (55.6%)
- Reliasys Ltd
55.6% - Industry AVG
Profitability
an operating margin of -9.8% make it less profitable than the average company (5.9%)
- Reliasys Ltd
5.9% - Industry AVG
Employees
with 10 employees, this is below the industry average (21)
10 - Reliasys Ltd
21 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)
- Reliasys Ltd
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £270.4k, this is more efficient (£75.3k)
- Reliasys Ltd
£75.3k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (42 days)
- Reliasys Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 186 days, this is slower than average (33 days)
- Reliasys Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reliasys Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is less cash available to meet short term requirements (73 weeks)
33 weeks - Reliasys Ltd
73 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.9%, this is a higher level of debt than the average (43.2%)
68.9% - Reliasys Ltd
43.2% - Industry AVG
reliasys ltd Credit Report and Business Information
Reliasys Ltd Competitor Analysis
Perform a competitor analysis for reliasys ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
reliasys ltd Ownership
RELIASYS LTD group structure
Reliasys Ltd has no subsidiary companies.
Ultimate parent company
RELIASYS LTD
08285258
reliasys ltd directors
Reliasys Ltd currently has 1 director, Mr Mark Harubi serving since Oct 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Harubi | United Kingdom | 45 years | Oct 2015 | - | Director |
RELIASYS LTD financials
Reliasys Ltd's latest turnover from November 2022 is estimated at £2.7 million and the company has net assets of £276.9 thousand. According to their latest financial statements, Reliasys Ltd has 10 employees and maintains cash reserves of £393.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | 739,892 | |||||||||
| Number Of Employees | 10 | 19 | 6 | 9 | 9 | 9 | 9 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 509,008 | 509,008 | 384,008 | 384,008 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 509,008 | 509,008 | 384,008 | 384,008 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 497,618 | 343,722 | 280,326 | 129,082 | 40,912 | 321,768 | 145,893 | 30,620 | 25,102 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Cash | 393,423 | 732,178 | 446,478 | 313,337 | 515,766 | 141,826 | 25,809 | 31,125 | 0 | 7,732 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 891,041 | 1,075,900 | 726,804 | 442,419 | 556,678 | 463,594 | 171,702 | 61,745 | 25,103 | 7,732 |
| total assets | 891,041 | 1,584,908 | 1,235,812 | 826,427 | 940,686 | 463,594 | 171,702 | 61,745 | 25,103 | 7,732 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 614,100 | 872,326 | 719,193 | 579,043 | 769,216 | 313,939 | 95,497 | 33,354 | 16,651 | 7,710 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 16,850 | 14,423 | 14,424 | 0 | 0 | 9,743 | 0 | 0 | 0 |
| total current liabilities | 614,100 | 889,176 | 733,616 | 593,467 | 769,216 | 313,939 | 105,240 | 33,354 | 16,651 | 7,710 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 170,558 | 240,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 170,558 | 240,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 614,100 | 1,059,734 | 973,616 | 593,467 | 769,216 | 313,939 | 105,240 | 33,354 | 16,651 | 7,710 |
| net assets | 276,941 | 525,174 | 262,196 | 232,960 | 171,470 | 149,655 | 66,462 | 28,391 | 8,452 | 22 |
| total shareholders funds | 276,941 | 525,174 | 262,196 | 232,960 | 171,470 | 149,655 | 66,462 | 28,391 | 8,452 | 22 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 509,008 | 0 | 0 | 0 | 96,002 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 5,000 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 153,896 | 63,396 | 151,244 | 88,170 | -280,856 | 175,875 | 115,273 | 5,517 | 25,103 | 0 |
| Creditors | -258,226 | 153,133 | 140,150 | -190,173 | 455,277 | 218,442 | 62,143 | 16,703 | 8,941 | 7,710 |
| Accruals and Deferred Income | -16,850 | 2,427 | -1 | 14,424 | 0 | -9,743 | 9,743 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -170,558 | -69,442 | 240,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -338,755 | 285,700 | 133,141 | -202,429 | 373,940 | 116,017 | -5,316 | 31,125 | -7,732 | 7,732 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -338,755 | 285,700 | 133,141 | -202,429 | 373,940 | 116,017 | -5,316 | 31,125 | -7,732 | 7,732 |
P&L
November 2022turnover
2.7m
+14%
operating profit
-265.1k
0%
gross margin
55.7%
+3.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
276.9k
-0.47%
total assets
891k
-0.44%
cash
393.4k
-0.46%
net assets
Total assets minus all liabilities
Similar Companies
reliasys ltd company details
company number
08285258
Type
Private limited with Share Capital
industry
86900 - Other human health activities
62012 - Business and domestic software development
incorporation date
November 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o neum insolvency, suite 9, am, 15 college road, harrow, middlesex, HA1 1BA
last accounts submitted
November 2022
reliasys 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 reliasys ltd.
reliasys ltd Companies House Filings - See Documents
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