CONDENSE REALITY LTD Financials
- Company number
- 11913233CopyCopy
- Registered office
- Watershed Studio 5, 1 Canon's Road, Bristol BS1 5TX
- Incorporated
- 29/03/2019
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-510.56%vs 20242024: £143.11K
Total Assets
-57.15%vs 20242024: £735.26K
Cash in Bank
-76.41%vs 20242024: £579.00K
Total Liabilities
60.81%vs 20242024: £528.82K
Employees
-6vs 20242024: 18
In 2025, CONDENSE REALITY LTD reported net assets of £-587.56K. The same filing shows total assets of £315.06K, cash in bank of £136.57K and total liabilities of £850.39K. Reported headcount was 12 in 2025. Net Assets fell from £143.11K in 2024 to £-587.56K in 2025 (-510.56%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-510.56%from £143.11K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures CONDENSE REALITY LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-152%vs 2023Cash in Bank
-88.2%vs 2023-65.7% a year compound (CAGR)
Total Assets
-77.3%vs 2023-52.4% a year compound (CAGR)
Total Liabilities
+416%vs 2023+127% a year compound (CAGR)
Employees
-42.9%vs 2023-9Biggest increase
Total Liabilities+416%
£164.79K in 2023 to £850.39K in 2025
Biggest decrease
Net Assets-152%
£1.14M in 2023 to £-587.56K in 2025
CONDENSE REALITY LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CONDENSE REALITY LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -186.49%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 269.91%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 16.06%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 43.35%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for CONDENSE REALITY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 177.94K | 3.00M | 1.14M | 143.11K | -587.56K |
| Total Assets£ | 255.16K | 3.18M | 1.39M | 735.26K | 315.06K |
| Cash in Bank£ | 129.07K | 2.99M | 1.16M | 579.00K | 136.57K |
| Total Liabilities£ | 28.87K | 107.39K | 164.79K | 528.82K | 850.39K |
| Employees | 6 | 13 | 21 | 18 | 12 |
CONDENSE REALITY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CONDENSE REALITY LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
CONDENSE REALITY LTD reported net assets of £-587.56K for 2025. That compares with £143.11K in 2024, a change of -510.56%.
CONDENSE REALITY LTD reported total assets of £315.06K for 2025. That compares with £735.26K in 2024, a change of -57.15%.
CONDENSE REALITY LTD reported cash in bank of £136.57K for 2025. That compares with £579.00K in 2024, a change of -76.41%.
CONDENSE REALITY LTD reported 12 employees in 2025, compared with 18 in 2024.
Between 2023 and 2025, CONDENSE REALITY LTD's net assets fell by 152%, cash in bank fell by 88.2%, total assets fell by 77.3% and total liabilities rose by 416%. Cash in bank contracted at 65.7% a year across the two years to 2025, from £1.16M to £136.57K. Reported headcount went from 21 in 2023 to 12 in 2025 (-9).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.