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R3ality Projects Ltd

07813743

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

2 ASH WAY, HAYWARDS HEATH, RH17 7GE
Incorporated 18/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development
62012
Business and domestic software development
62020
Information technology consultancy activities
82990
Other business support service activities

Officers

Mr Nikolaos Baxevanis

director · Since 18/10/2011

DIRECTOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mr Nikolaos Baxevanis

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

2, Ash Way, Haywards Heath, RH17 7GE

Notified 01/10/2016

Ms Anastasia Papanastasiou

25–50% shares
25–50% votes

British · England · Age 45

2, Ash Way, Haywards Heath, RH17 7GE

Notified 19/10/2021

CompanyRankvs 2203+ SIC 62011 peers
58

Financial strength54th percentile among SIC peers · 14/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees8/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£271

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£5k

Current Liabilities

£6k

Fixed Assets

£2k

1avg. employees

Balance Sheet

Assets less current liabilities£271
Signed by Mr Nikolaos Baxevanis 11/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.73
20230.60
20220.97
20211.15
20200.96
20191.35+£15k

Derived from filed accounts. Not audited figures.