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Realnetworks Limited

03312996

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O WORLDWIDE CORPORATE ADVISORS, LONDON, EC4V 6BJ
Incorporated 05/02/1997

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/02/2026

Due 19/02/2027

On track

Industry

62090
Other information technology service activities

Officers

Wca Secretarial Limited

secretary · Since 20/02/2025

BRITISH

Also on 23 other boards

Christopher Van Rensselaer Wheaton

director · Since 01/04/2025

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 54

Also on 1 other board

Persons with Significant Control

Robert Denis Glaser

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 64

1501, First Avenue South, Seattle

Notified 21/12/2022

Former PSCs

Realnetworks, Inc.

Ceased 21/12/2022

Charges0 outstanding

charge
satisfied

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CompanyRankvs 1183+ SIC 62090 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 28.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

emerging SAFR and KONTXT products, and on factors that are outside of its control such as the actions of its competitors. These conditions raise substantial doubt about its ability to continue as a going concern within 12 months from the date these financial statements are available to be issued. The parent company has entered into a loan agreement with Mr. Glaser in early 2023. As of April 30 2

Key FinancialsYear ending 31/12/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£69k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£1.3M

Current Liabilities

£46k

Fixed Assets

£45k

Debtors

£1.2M

2avg. employees
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202428.40-£10k
20239.26+£10k
202214.04-£213k
202143.09

Derived from filed accounts. Not audited figures.