−£273k
vs May 2024Liquidation10197198Private limited companyBirmingham
TECHNICAL REALITY LIMITED
E2/100In liquidationThe company is being wound up. A liquidator deals with its affairs, assets and creditors' claims.
01
Summary
TECHNICAL REALITY LIMITED is a liquidation private limited company (company number 10197198) incorporated on 24 May 2016, registered in Birmingham. Its registered activity is wholesale of computers, computer peripheral equipment and software (SIC 46510). Latest small accounts cover the period ending 31 May 2025, showing net assets of −£273k and cash of £12k, with 3 employees on average. Net assets fell 176% on the prior period (−£99k).
Peer position · net assets
By net assets it sits in the bottom quarter of 99 comparable companies in Birmingham (median £2,658, upper quartile £110k).
02
Key dates
- Incorporated
- 24 May 201610 yrs ago
- Next accounts due
- 28 February 2027in 129 days
- Confirmation statement due
- 7 June 2027in 228 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 46510
- Wholesale of computers, computer peripheral equipment and software
- SIC 62020
- Information technology consultancy activities
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£12k
−80%vs May 2024Not reported
3
No changevs May 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | −£273k | £12k | £259k | £545k | — | — | 3 |
| 31 May 2024 | −£99k | £59k | £315k | £462k | — | — | 3 |
Current ratio0.5Current liabilities exceed current assets
Cash per employee£3,860Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
2 / 100 · grade E
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-273,458 at 2025-05-31 |
| −8 | Net assets falling-176.0% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.5 |
| +8 | EstablishedIncorporated 2016-05-24 (10 years) |
| −25 | Status not ActiveLiquidation |
| 2 | Score, grade E |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Michael Whitehead
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
- Mr Adrian Mccarthy
- has significant influence or control
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 228 days
- Next accounts duein 129 days
- Accounts period endNet liabilities £273k · small accounts
- Accounts period endNet liabilities £99k · small accounts
- Incorporated
08
Similar companies in Birmingham
- 365 COMPUTING LIMITEDBirmingham · inc. Mar 2016
- GLOBAL SOFTWARE TECHNOLOGIES LTDBirmingham · inc. Jul 2016
- GREENGRIBBIT LIMITEDWolverhampton · inc. Mar 2016
- ZISCO SOLUTIONS LIMITEDBirmingham · inc. Aug 2016
- STYLO (UK) LTDWest Midlands · inc. Mar 2016
- ALVI TRADERS UK LTDBirmingham · inc. Sept 2016
All companies incorporated on 24 May 2016 · in May 2016.
09
Reminders for TECHNICAL REALITY LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.