UK Companies House feature
ABLY REALTIME LTD
Cash
£2M
-21.2% vs 2024
Net assets
£3M
-40.5% vs 2024
Employees
57
-24% vs 2024
Profit before tax
—
Period ending 2025-01-31
Profile
- Company number
- 06946246
- Status
- Active
- Incorporation
- 2009-06-29
- Last accounts made up
- 2025-01-31
- Account category
- GROUP
- Primary SIC
- 62090
Cash
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2025-01-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-01-31 | 2024-01-31 | 2025-01-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | -£16,008,946 | -£9,704,043 | -£2,480,923 | |
| Cash | — | £1,775,290 | £29,805,269 | £12,266,482 | £2,890,016 | £2,278,300 | |
| Total assets less current liabilities | — | £2,335,254 | — | — | £5,871,278 | £3,496,010 | |
| Net assets | — | — | — | — | — | — | |
| Equity | £4,894,488 | £2,335,254 | — | — | £5,871,278 | £3,496,010 | |
| Average employees | — | 33 | 62 | 113 | 75 | 57 | |
| Wages | — | — | £4,709,732 | £10,554,365 | £7,966,344 | £5,702,329 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The group made a loss for the year of £2,901,513 (2024: £9,351,580), but is well capitalised with £2,312,365 (2024: £3,431,381) cash at bank at the balance sheet date. The group has £3,488,962 (2024: £6,385,442) of net assets and £3,467,318 (2024: £6,279,988) of net current assets available which further supports the liquidity position. The group has prepared forecasts to January 2027 when it expects to become profitable on a monthly basis. The group has put together cost saving measures that include a reduction of head count that can be seen in note 6 combined with organic sales growth. Further operational cost reductions have been made in 2025 that will provide a reduced cash burn moving forward. The forecasts have been stress tested and the results still yield a cash positive. The forecasts demonstrate sufficient cash to absorb any losses over the next 12 months and maintain cash reserves. At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existencefor more than one year from the date of approval of these financial statements. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Subsidiaries
- Ably Realtime Inc · 100% held · USA
Significant events
- “After the year end the parent company, Ably Realtime Limited, issued 18,493 Ordinary 0.1p shares at a price of £1.53 per share.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
7 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OHS SECRETARIES LIMITED | Corporate Secretary | 2021-04-29 | — | — |
| BYERS, Patrick Joseph | Director | 2013-05-01 | Dec 1965 | British |
| FIORE, Norman | Director | 2021-05-28 | Oct 1970 | Italian |
| MENASHY, Simon Jonathan | Director | 2020-12-31 | Oct 1985 | British |
| O'RIORDAN, Matthew | Director | 2009-06-29 | Jan 1979 | British |
| SHIMER, Nicole Arielle | Director | 2025-09-10 | Mar 1994 | American |
| WALLINGTON, Keith | Director | 2020-08-08 | Oct 1972 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAILEY, Daniel Luke James | Director | 2019-09-25 | 2020-12-31 |
| BARNES, Gary Edward | Director | 2019-09-25 | 2020-06-08 |
| BRISBOURNE, Nicholas Gwyn | Director | 2017-06-28 | 2019-12-18 |
| FRIEDLEIN, Ashley William | Director | 2016-11-01 | 2019-09-25 |
| SMITH, Luke, Dr | Director | 2019-12-18 | 2021-05-28 |
| UNG, Ca-Phun | Director | 2013-05-01 | 2014-11-25 |
| WARDI, Teddie Benjamin | Director | 2021-05-28 | 2025-09-10 |
| YEUNG, Hang Fung | Director | 2013-05-01 | 2014-11-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Matthew O'Riordan | Individual | Shares 25–50%, Voting 25–50% | 2017-07-12 | Ceased 2021-07-21 |
Filing timeline
Last 20 of 153 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-14 | SH01 | capital | capital allotment shares |
| 2026-01-19 | SH01 | capital | capital allotment shares |
| 2025-10-29 | AA | accounts | accounts with accounts type group |
| 2025-10-24 | RP01CS01 | confirmation-statement | replacement filing of confirmation statement with made up date |
| 2025-10-24 | SH01 | capital | capital allotment shares |
| 2025-09-23 | SH01 | capital | capital allotment shares |
| 2025-09-22 | AP01 | officers | appoint person director company with name date |
| 2025-09-22 | TM01 | officers | termination director company with name termination date |
| 2025-09-04 | SH01 | capital | capital allotment shares |
| 2025-08-22 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-03-27 | SH01 | capital | capital allotment shares |
| 2025-01-31 | AA | accounts | accounts with accounts type group |
| 2024-09-03 | RP04SH01 | capital | second filing capital allotment shares |
| 2024-09-03 | RP04SH01 | capital | second filing capital allotment shares |
| 2024-08-20 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-08-20 | CH01 | officers | change person director company with change date |
| 2024-08-20 | CH01 | officers | change person director company with change date |
| 2024-08-20 | CH01 | officers | change person director company with change date |
| 2024-05-03 | RESOLUTIONS | resolution | resolution |
| 2024-05-01 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory