RELIANCE BANK LIMITED
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Cash
—
Latest balance sheet
Net assets
£31m
+23.6% highest in 3 filed years
Employees
65
0% vs 2025
Profit before tax
£1.1m
-23.3% lowest in 3 filed years
Net assets
3-year trend · vs Financials median
RELIANCE BANK LIMITED·Financials median
RELIANCE BANK LIMITED·Financials median
RELIANCE BANK LIMITED·Financials median
RELIANCE BANK LIMITED·Financials median
RELIANCE BANK LIMITED·Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Net interest income | — | £9,480,651 | £9,604,002 | +1.3% | |
| Fee & commission income | — | £97,139 | £96,257 | -0.9% | |
| Operating income | — | £9,577,790 | £9,700,259 | +1.3% | |
| Impairment losses | — | £93,310 | £230,821 | +147.4% | |
| Profit before tax | £1,918,412 | £1,431,126 | £1,097,804 | -23.3% | |
| Net profit | £1,850,741 | £1,221,144 | £869,584 | -28.8% | |
| Loans & advances to customers | — | £142,039,997 | £146,696,075 | +3.3% | |
| Customer deposits | — | £241,237,545 | £254,118,275 | +5.3% | |
| Total assets | £276,893,185 | £266,650,946 | £285,462,333 | +7.1% | |
| Total liabilities | £253,893,523 | £241,929,324 | £254,906,146 | +5.4% | |
| Equity | £22,999,662 | £24,721,622 | £30,556,187 | +23.6% | |
| Average employees | 63 | 65 | 65 | 0% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 21.1% | 14.9% | — | |
| Net margin | 20.4% | 12.7% | — | |
| Gearing (liabilities / total assets) | 91.7% | 90.7% | 89.3% | |
| Current ratio | 1.12x | 1.09x | — | |
| Interest cover | 0.66x | 0.29x | — |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- RELIANCE BANK LIMITED 1988-03-01 → present
- RELIANCE TRUST LIMITED 1980-12-31 → 1988-03-01
- RELIANCE BANK,LIMITED 1900-12-28 → 1980-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board is satisfied that the business has adequate financial resources to continue as a going concern for the foreseeable future on the basis that it has sufficient capital and liquidity to meet regulatory requirements for a period of 12 months from the date of signing the accounts.”
Significant events
- “During the year, the Bank established a new Board Steering Committee dedicated to the IT Transformation project, while also appointing a Chief Risk Officer to ensure robust governance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 70 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WITTER, Kelly-Ann Natasha Jane | Secretary | 2024-09-02 | — | — |
| ANDERSON, Michael Connelly | Director | 2025-05-01 | Jun 1962 | British |
| CROFT, Martyn Richard | Director | 2017-09-21 | Feb 1952 | British |
| FENTON, Nicola Louise | Director | 2020-10-05 | May 1974 | British |
| HERRINGTON, Guy James | Director | 2021-05-04 | Mar 1960 | British |
| LISTER, Charles Robert | Director | 2025-03-01 | May 1960 | British |
| PAONE, Elizabeth Jane, Commissioner | Director | 2021-09-01 | Dec 1958 | British |
| SHAH, Megha Jitendra | Director | 2024-09-02 | Jun 1985 | British |
| SMITH, Jan Eileen | Director | 2021-04-01 | Apr 1947 | British |
| STYLIANIDES, George Eugene | Director | 2023-10-01 | Mar 1963 | British |
| VAN WIJNGAARDEN, Justin James | Director | 2019-06-20 | Dec 1967 | British |
Show 70 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHARMAN, Trevor | Secretary | 1992-01-01 | 1998-03-31 |
| DARE, Kevin Robert | Secretary | 2019-02-07 | 2020-10-05 |
| DAWS, Kenneth William, Lieut-Colonel | Secretary | — | 1992-01-01 |
| FENTON, Nicola Louise | Secretary | 2020-10-05 | 2024-09-02 |
| HUNT, Andrew John | Secretary | 2013-09-01 | 2019-02-07 |
| MEADS, Michael Rowland | Secretary | 1998-04-01 | 2008-10-03 |
| UNDERWOOD, Paul Nicholas | Secretary | 2008-10-03 | 2013-08-31 |
| AHUJA, Alka | Director | 2015-03-27 | 2021-09-01 |
| ASHTON, Edward | Director | 2000-05-17 | 2010-09-16 |
| BASSETT, Warren Todd, Comissioner | Director | 2000-09-13 | 2002-10-31 |
| BECKER, Gordon, Colonel | Director | 1992-11-09 | 2001-12-31 |
| BIRD, Patricia Jean, Commissioner | Director | 1994-11-01 | 1998-09-30 |
| BIRD, Patricia Jean | Director | — | 1991-09-03 |
| BIRKETT, Gerald Andrew | Director | 1994-10-01 | 2014-09-18 |
| BOOTHROYD, Nigel Wayne | Director | 2018-01-25 | 2020-12-31 |
| BROWN, Andrew Martin | Director | 2015-08-28 | 2020-09-17 |
| CHUNG, Edmund Liu, Lieut-Colonel | Director | 2008-06-26 | 2009-09-30 |
| CHUNG, Edmund Liu, Major | Director | 2001-05-09 | 2005-06-30 |
| COCHRANE, William, Commissioner | Director | 2006-09-21 | 2015-11-27 |
| COOPER, Robert David, Colonel | Director | 2000-01-12 | 2006-01-01 |
| COOPER, Robert David | Director | — | 1992-11-09 |
| COUPE, Ernest Chadwick, Lieut Colonel | Director | 1997-05-22 | 2001-06-30 |
| CROUCHER, Paul William | Director | 2018-02-08 | 2024-09-02 |
| DARE, Karen Yvonne | Director | 2012-08-01 | 2016-01-28 |
| DARE, Kevin Robert | Director | 2008-10-03 | 2020-10-16 |
| DAWS, Kenneth William, Lieut-Colonel | Director | — | 1994-10-31 |
| DEER, Philip Whitney | Director | 2000-03-08 | 2014-07-23 |
| EDWARDS, Alfred Kenneth | Director | 1992-10-01 | 2006-09-21 |
| FEATHERSTONE, Simon Andrew | Director | 2018-01-25 | 2021-03-31 |
| FLETT, John | Director | 1991-10-09 | 2000-01-12 |
| FOALE, Robin Douglas Anthony | Director | 2019-05-01 | 2025-02-28 |
| FUGE, Walter Jackman, Lt. Colonel | Director | 2010-02-18 | 2012-05-24 |
| GAUDION, Andrew Mark, Major | Director | 2011-06-01 | 2012-07-18 |
| HAWKINS, Peter Frederick | Director | — | 1994-10-31 |
| HAYES, Malcolm Sydney | Director | 2021-05-04 | 2024-05-04 |
| HINTON, David Paul | Director | 2005-09-22 | 2014-11-30 |
| HOUGHTON, Raymond Arthur, Colonel | Director | 2002-11-13 | 2006-06-30 |
| MALCOLM, Russell Owen | Director | 2020-08-01 | 2022-01-31 |
| MEADS, Michael Rowland | Director | 1997-11-19 | 2008-10-03 |
| NICHOLSON, Julie | Director | 2015-08-28 | 2021-12-31 |
| OWEN, John Martin, Doctor | Director | 1992-04-01 | 2000-01-12 |
| PEDDLE, Brian Donald, Colonel | Director | 2009-06-29 | 2011-06-30 |
| POKE, Allan Victor, Lieut Colonel | Director | 2003-11-14 | 2006-07-31 |
| PRICE, David Robert | Director | 2015-08-28 | 2017-12-01 |
| PROUTY, James Lawrence | Director | 2021-05-04 | 2023-03-31 |
| RAFFÉ, Victoria Genevieve | Director | 2015-08-28 | 2019-02-01 |
| READ, Alan, Lieut-Colonel | Director | 2008-03-20 | 2017-09-21 |
| RICH, Ivor William Wesley | Director | — | 1993-04-05 |
| RIVERS, William | Director | — | 1994-01-01 |
| ROBERTS, William Arthur, Commissioner | Director | 2005-02-01 | 2008-03-01 |
| ROWLANES, John Edmund, Lieut-Colonel | Director | 1993-12-08 | 2001-03-07 |
| SCOTT, Ian | Director | 2011-05-19 | 2018-01-25 |
| SHARP, Gordon Alan | Director | — | 1991-09-01 |
| SMITH, Trevor John | Director | 2006-06-08 | 2013-08-31 |
| STREET, Robert, Commissioner | Director | 2006-09-21 | 2009-06-01 |
| SUNDERLAND HAY, Claire Rosemary | Director | 2024-05-04 | 2025-02-28 |
| SWYERS, Baxter Gordon, Commissioner | Director | 1998-01-15 | 2000-08-31 |
| TAYLOR, Brian Eric, Commissioner | Director | 1998-10-01 | 2004-10-12 |
| TELFER, Ivor Stanley, Lieut-Colonel | Director | 2011-07-01 | 2014-03-31 |
| THOMPSON, Arthur Trounce, Dr | Director | 1994-01-04 | 1997-12-31 |
| TRIBBLE, Norman Reginald | Director | — | 1992-10-14 |
| UNDERWOOD, Paul Nicholas | Director | 2013-12-13 | 2018-02-28 |
| WAINWRIGHT, John Douglas, Commissioner | Director | 2013-05-01 | 2021-09-01 |
| WAINWRIGHT, John Douglas, Major | Director | 2003-11-14 | 2008-02-29 |
| WARNER, John Harold, Major | Director | 2012-06-21 | 2015-11-27 |
| WELANDER, Knud David, Colonel | Director | 2019-07-22 | 2020-05-31 |
| WILLS, Jeffrey Gilbert | Director | 2001-07-11 | 2011-06-01 |
| WOOD, Peter James, Lieut-Colonel | Director | 2002-01-23 | 2003-11-03 |
| WOODALL, Ann Margaret, Commissioner | Director | 2006-01-12 | 2013-04-30 |
| WOODALL, Ann Margaret | Director | 1991-10-09 | 1997-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Salvation Army Trustee Company | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2018-11-01 |
| The Salvation Army International Trustee Company | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 278 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-04 | AA | accounts | Accounts with accounts type full | |
| 2026-06-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-27 | SH01 | capital | Capital allotment shares | |
| 2025-07-28 | AA | accounts | Accounts with accounts type full | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-06 | SH01 | capital | Capital allotment shares | |
| 2025-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-03 | AUD | auditors | Auditors resignation company | |
| 2024-09-02 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-09-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-09-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-29 | AA | accounts | Accounts with accounts type full | |
| 2024-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.