REALTIME TECHNICAL SERVICES LTD

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

• Turnover

  +45.9%

  £7,274,624 → £10,612,195

• Cash

  +172.8%

  £149,112 → £406,830

• Net assets

  +62%

  £221,220 → £358,271

• Employees

  —

  Not reported

• Operating profit

  +678.7%

  £32,026 → £249,402

• Profit before tax

  +678.7%

  £32,026 → £249,402

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. 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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Evolve Accounting and Tax Solutions Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The company has had a solid year of trading despite the volatile trading conditions of the construction market. The company has made a profit and increased its sales by £3.3 million.”
• “The primary business risks faced by the company are those faced by its fellow group company, which continue to be as a result of Brexit, the war in Ukraine and the general economic outlook of the country. Each of these factors are likely to impact the ability of the company to trade, with the potential disruption to supply chains.”
• “The industry in which the company operates is construction and the provision of labour. The recruitment and retention of superior quality labour is therefore a significant risk faced by the company, especially since the UK's withdrawal from the European Union.”
• “The change to the law regarding IR35 could have a major impact on the margins in which the company operates. In order to reduce the risk of non-compliance, the company has reviewed its contracts with subcontractors.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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