NESTA

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. NESTA 2013-07-22 → present
2. NESTA OPERATING COMPANY 2011-07-15 → 2013-07-22

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

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

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As Nesta is able to draw down cash from The Nesta Trust as required within the approved funding envelope, the trustees have concluded that there is a reasonable expectation that the Group has adequate resources to continue activities for the foreseeable future and no material uncertainties have been identified in respect of going concern.”

Group structure

1. NESTA · parent
   1. The Nesta Trust 100% · United Kingdom · A charitable trust that holds investment assets
   2. Nesta Enterprises Limited 100% · United Kingdom · A charitable trading company
   3. Behavioural Insights Limited 100% · United Kingdom · A social purpose consultancy company
   4. Behavioural Insights (US) Inc 100% · United States · Consultancy
   5. Behavioural Insights (Singapore) Pte Ltd 100% · Singapore · Consultancy

Significant events

• “In 2024/25, we made significant progress across our missions, from launching the visit a heat pump service to advancing our work on a healthier food system and integrated family support.”
• “Challenge Works awarded the £8 million Longitude Prize on AMR and Nesta Impact Investments delivered its largest-ever return.”
• “BIT continued our impactful work, from developing and evaluating a global childhood obesity prevention initiative in multiple countries to pioneering research on promoting more effective use of insecticide-treated nets in Nigeria and Uganda.”
• “Challenge Works has continued to demonstrate our global leadership in incentivising breakthrough innovation. This year saw the successful conclusion of major competitions such as the £8 million Longitude Prize on antimicrobial resistance (AMR), awarded for a rapid point-of-care test for bacterial infections, the inaugural £1 million Manchester Prize for AI solutions in energy, environment, and infrastructure, and the Aqualunar Challenge for lunar water purification.”
• “Nesta Impact Investments (NII) delivered a strong performance this year, making seven new investments into 'mission aligned' companies.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  +2%

  £38,039,000 → £38,803,000

• Cash

  +27.6%

  £16,451,000 → £20,986,000

• Net assets

  -0.9%

  £477,856,000 → £473,561,000

• Employees

  -0.2%

  482 → 481

• Operating profit

  -22.3%

  -£27,061,000 → -£33,085,000

• Wages

  +7.1%

  £30,186,000 → £32,327,000

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