RELIANCE CYBER LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

1. RELIANCE CYBER LIMITED 2023-03-22 → present
2. RELIANCE ACSN LIMITED 2017-04-21 → 2023-03-22
3. RELIANCEACSN LIMITED 2016-06-29 → 2017-04-21
4. ACSN LIMITED 2010-09-13 → 2016-06-29
5. ACSN LIMITED 2003-10-07 → 2010-09-13

Accounting basis

FRS 102 §1A

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Alliotts LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence, and will be able to meet its liabilities as they fall due, for a period of at least twelve months from the date of approval of the financial statements. In reaching this conclusion the directors have considered the ongoing investments made in technology and people to future-proof the business as well as the ongoing demand for cyber services in the UK mid-market. The investment phase is now largely complete, resulting in a wider customer base, a market-leading set of offerings, additional sales and technology partnerships and an active pipeline of new opportunities, which the directors forecast, will have a positive impact on results in future periods. In assessing whether the going concern basis is appropriate, the directors have considered the company's future growth plans and the ongoing financial support available from its parent company. Funding is expected to be provided through the parent company to support these growth plans and the continued development of the company.”

Significant events

• “On 20 July 2021, the company capitalised the debt of £14,704,208 into 14,704,208 £1 full paid redeemable preference shares, redeemable at the option of the parent company. These shares hold no voting rights and have a coupon rate of 0.001%.”
• “On 12 September 2025, the company allotted a further 8,075,000 £1 full paid redeemable preferences shares. This transaction represents the parent company's long term support for the entity.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

3

last 24 months

Officers appointed

1

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.