Company Number: 13284583

Analysis Date: 2025-07-29 15:06 UTC

1. Credit Opinion: APPROVE
   Realisied Realities Ltd demonstrates a stable and improving financial position with positive net current assets and net assets growth from £15,856 in 2023 to £23,153 in 2024. The company is micro-sized, with minimal liabilities and a single employee, indicating low operational complexity. The directors have a strong presence and control, with Miss Elizabeth Owen also acting as Finance Director, suggesting sound financial oversight. There are no overdue filings or signs of distress. The company’s ability to meet short-term obligations is strong, supporting credit approval with standard monitoring.

2. Financial Strength:
   The balance sheet shows modest but positive net assets of £23,153 as of March 2024, up from £15,856 the prior year, reflecting improved financial health. Current assets exceed current liabilities by a comfortable margin (£23,653 vs. £500), signaling solid working capital. The lack of fixed assets is typical for a consultancy business and does not impair creditworthiness. Shareholders’ funds align with net assets, indicating no hidden liabilities or equity issues.

3. Cash Flow Assessment:
   Current assets primarily consist of cash or equivalents and receivables, with minimal current liabilities, suggesting good liquidity. Net current assets of £23,153 provide an adequate buffer for ongoing operational expenses and short-term liabilities. The absence of debt and low liabilities reduce risk of cash flow strain. Given the micro entity size and single employee, cash flow demands are likely modest, supporting stable liquidity.

4. Monitoring Points:

• Maintain regular monitoring of accounts receivable turnover and cash conversion cycle to ensure continued liquidity.
• Watch for any increase in liabilities or overdue payables that may indicate emerging cash flow issues.
• Track any changes in director appointments or PSC control that could affect governance or financial stewardship.
• Monitor market conditions in the IT consultancy sector for potential impact on revenues, given the company’s niche in immersive XR design.