REEL TIME PRODUCTIONS LIMITED

Executive Summary

Reel Time Productions Limited is a dormant company with persistent negative net assets and liabilities exceeding current assets, indicating weak financial strength and no capacity to service debt. The absence of trading activity and minimal liquidity pose significant credit risk. Credit facilities are not recommended unless substantial operational and financial improvements are demonstrated.

REEL TIME PRODUCTIONS LIMITED - Analysis Report

Company Number: 13558906

Analysis Date: 2025-07-20 15:29 UTC

1. Credit Opinion: DECLINE
   Reel Time Productions Limited shows significant financial distress and inability to service liabilities. The company has been dormant during the last reported year with no trading income, and its net current liabilities exceed current assets by £24,281 consistently over the last three years. The negative net assets and shareholders' funds position indicate accumulated losses and insufficient equity support. Given the ongoing dormant status, lack of revenue generation, and substantial related party debts, the company lacks capacity to meet debt obligations or generate cash flow to support new credit facilities.

2. Financial Strength:
   The balance sheet reveals persistent net current liabilities of £24,281 and net assets of the same negative amount, reflecting ongoing losses and no improvement in financial position since incorporation in 2021. The company’s capital structure is minimal, with only £100 in share capital and significant reliance on amounts owed to group undertakings, directors, and related parties (£24,950 total current liabilities). The absence of fixed assets and negligible cash balance (£669) further weakens its financial resilience.

3. Cash Flow Assessment:
   Liquidity is critically constrained. Cash on hand is minimal and no operational cash inflows are reported due to dormant status. Working capital is negative, and current liabilities are solely related to intercompany balances and accrued expenses, indicating reliance on related parties for funding rather than internal cash generation. No evidence of cash flow from operating activities exists to cover liabilities or new credit demands.

4. Monitoring Points:

• Any change in trading status from dormant to active, with revenue and profit generation.
• Reduction in related party debts and improvement in net current assets.
• Cash flow generation and liquidity improvement.
• Directors’ plans for capital injection or restructuring to address negative equity.
• Filing of future accounts for signs of operational activity and financial recovery.