UK Companies House feature
ULTRALEAP LIMITED
Profile
- Company number
- 08781720
- Status
- Active
- Incorporation
- 2013-11-19
- Last accounts made up
- 2024-06-30
- Account category
- FULL
- Primary SIC
- 62012
Accounts
Pending extraction
No iXBRL extracted yet for this company.
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Corrigan Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We draw attention to note 2.2 to the financial statements which indicates that the Company is reliant upon support from its parent, which in turn indicates a breach of loan covenants and the need to raise additional financing to cure this breach, within its Going Concern assessment. These events and conditions, along with the other matters explained in note 2.2, constitute a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.”
Subsidiaries
- Ultraleap Inc. · 100% held · USA · Development and sale of haptic control systems and hand tracking technologies in the USA.
- Ultraleap LLC · 100% held · USA · Holding company.
- Ultrahaptics IP Three LLC · 100% held · USA · The acquisition, use and/or distribution of tangible assets.
- Ultraleap (HK) Limited · 100% held · Hong Kong · The sale and support of software and hardware related haptic control and hand tracking technologies.
Significant events
- “During 2024, the AR/VR market in which the Group operated underperformed in relation to previously expectations held at the end of 2023.”
- “As a result, the Group made significant amendments to its revenue and operating forecasts and in June 2024, the Group implemented a cost reduction programme to enable the Group to adapt to the market conditions, including a significant headcount reduction. A further reduction in headcount was made in February 2025.”
- “At the date of signing these financial statements, the Group is in breach of its covenants contained within the terms of the £15m Revolving Credit Facility.”
- “In January 2025 the Group entered into an agreement with SIM IP for the sale of its Haptics and XR IP portfolio. The agreement is expected to close by the end of June 2025 and will when completed provide sufficient funds to settle the Group's secured creditors.”
- “In March 2025 the Company entered into an agreement with its principal shareholders for additional funding of up to £5m via a Convertible Loan Note. As at the date of signing, a total of £3m had been provided by shareholders.”
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
1 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAMB, Roland Oliver | Director | 2025-10-17 | Aug 1978 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUSSEY, Ben | Secretary | 2024-09-12 | 2025-10-17 |
| LABAND, Charlotte Kirsten | Secretary | 2021-12-20 | 2024-09-12 |
| SAMPSON, Paul | Secretary | 2013-11-19 | 2014-12-08 |
| BUTCHER, Matthew James, Dr | Director | 2013-11-19 | 2015-10-19 |
| CARTER, Thomas Andrew, Dr | Director | 2013-12-04 | 2025-10-17 |
| CLIFFE, Steven Andrew | Director | 2014-12-10 | 2021-09-01 |
| HUSSEY, Benjamin John | Director | 2025-09-23 | 2025-10-17 |
| OLDS, Christopher Andrew | Director | 2019-08-06 | 2024-04-12 |
| SUBRAMANIAN, Sriram, Dr | Director | 2013-12-04 | 2016-06-13 |
| TOBIN, Michael | Director | 2015-01-22 | 2016-06-13 |
| IP2IPO SERVICES LIMITED | Corporate Director | 2014-02-27 | 2016-06-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Luminary Roli Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-10-17 | Active |
| Ultraleap Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-06-13 | Ceased 2025-10-17 |
Filing timeline
Last 20 of 97 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-31 | AD01 | address | change registered office address company with date old address new address |
| 2025-11-19 | MA | incorporation | memorandum articles |
| 2025-11-04 | RESOLUTIONS | resolution | resolution |
| 2025-10-31 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-10-31 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-10-31 | TM01 | officers | termination director company with name termination date |
| 2025-10-31 | TM02 | officers | termination secretary company with name termination date |
| 2025-10-31 | TM01 | officers | termination director company with name termination date |
| 2025-10-31 | AP01 | officers | appoint person director company with name date |
| 2025-09-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-09-25 | AP01 | officers | appoint person director company with name date |
| 2025-09-12 | MR04 | mortgage | mortgage satisfy charge full |
| 2025-07-07 | AA | accounts | accounts with accounts type full |
| 2025-05-22 | AD02 | address | change sail address company with old address new address |
| 2025-03-28 | AA01 | accounts | change account reference date company previous extended |
| 2025-01-04 | AA | accounts | accounts with accounts type full |
| 2024-12-30 | AA01 | accounts | change account reference date company previous shortened |
| 2024-11-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-11-13 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-11-13 | MR04 | mortgage | mortgage satisfy charge full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Credit score requires extracted accounts data.
Activity Score
Composite activity score · components 0–100 · reference 2026-05-09
60
WARM
/ 100
- Filings velocity 100
- Capital events 0
- Officer churn 100
- Headcount trajectory 50
- Accounts trajectory 50
- 14 filing(s) in last 12 months
- 1 appointed, 3 resigned (12mo)