Reliance Cms Limited

Reliance Motorhome Caravan Servicing Repairs Ltd, based in Chichester, UK, is a small, active company founded eight years ago in 2016. With six employees and £84,584 in assets, it operates from a virtual address – thirteen companies registered at the same location – and is led by a single director and owner, Mr. Darren Brown Craig. The business has a stellar 5.0 Google rating based on 88 reviews, and regularly imports vehicles, parts, and accessories (not for trains or trams), with the latest import occurring in May 2024.

The company’s website showcases a comprehensive range of services for motorhome and caravan owners, including habitation checks, repairs, and accessory installations. It emphasizes its accreditation with the National Caravan Council and partnerships with leading manufacturers, positioning itself as a trusted and expert provider. The website also highlights a range of services including alarm fitting and solar panel installation.

Financially, Reliance Motorhome Caravan Servicing Repairs Ltd presents a mixed picture. While cash reserves decreased by 34% to £68,000, debtors increased significantly by 90% to £17,000, suggesting a possible shift in payment terms or increased sales on credit. Creditors also decreased by 68% to £27,000, which could indicate improved debt management. Net assets, however, increased by 110% to £96,000, a substantial improvement, although retained earnings increased significantly. Bank borrowings decreased by 18% to £29,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the fluctuations in cash and debt warrant monitoring. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements.

The increase in debtors could be a positive sign of growth, but it's important to ensure timely payments. The company’s strong reputation and range of services suggest a solid foundation, but continued financial scrutiny will be necessary to sustain its success.

Registered in England/Wales under the registration number 10461285, with a registered address at PO17 5PQ, England, Fareham, Tb3 Little Tapnage, Titchfield Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.