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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-16 (in 5mo)

Last made up 2025-10-02

Watchouts

None on the register

Cash

£178K

-73.3% lowest in 7 filed years

Net assets

£389K

-3.1% lowest in 4 filed years

Employees

7

0% vs 2021

Profit before tax

-£1M

-35.3% vs 2021

Accounts

7-year trend · latest reflected 2022-12-31

Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2022-12-31.

Metric Trend 2019-01-012019-12-312020-01-012020-12-312021-01-012021-12-312022-12-31
Turnover £447,969£470,097£154,042£10,311
Operating profit -£1,704,390-£1,393,297-£898,741-£1,216,026
Profit before tax -£1,704,361-£1,393,297-£898,741-£1,216,026
Net profit -£1,704,361-£1,393,297-£898,741-£1,216,026
Cash £1,211,696£2,494,394£2,494,394£1,574,295£1,574,295£668,547£178,216
Total assets less current liabilities £440,759
Net assets £440,759£452,458£400,862£388,635
Equity £645,120£440,759£440,759£452,458£452,458£400,862£388,635
Average employees 81177
Wages

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-01-012019-12-312020-01-012020-12-312021-01-012021-12-312022-12-31
Operating margin -380.5%-296.4%-583.4%-11793.5%
Net margin -380.5%-296.4%-583.4%-11793.5%
Return on capital employed -386.7%

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Grant Thornton
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the financial statements on a going concern basis, having considered the nature of the Company, the ongoing interest in the business, and the ability of the Company to generate turnover post-year-end together with the appetite of new and existing investors to continue to inject cash into the parent company, which in turn has committed to provide ongoing financial support.”

Significant events

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

People

2 active · 1 resigned

Name Role Appointed Born Nationality
DAVIES, Thomas Jasper Gwyndaf Director 2017-10-03 Oct 1978 British
KARU, Monika Director 2019-09-19 Sep 1980 Estonian
Show 1 resigned officer
Name Role Appointed Resigned
PEIKER, Urmas Director 2017-10-03 2019-11-05

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Venturebeam Ltd. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2017-10-03 Active

Filing timeline

Last 20 of 70 total filings

Date Type Category Description
2025-12-05 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-10-16 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-19 AA accounts Accounts with accounts type full
2025-08-29 SH01 capital Capital allotment shares PDF
2025-07-01 SH01 capital Capital allotment shares PDF
2025-05-16 SH01 capital Capital allotment shares PDF
2025-04-16 SH01 capital Capital allotment shares PDF
2025-03-21 SH01 capital Capital allotment shares PDF
2025-02-01 SH01 capital Capital allotment shares PDF
2024-11-01 SH01 capital Capital allotment shares PDF
2024-10-02 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-26 SH01 capital Capital allotment shares PDF
2024-08-31 AA accounts Accounts with accounts type full
2024-07-31 SH01 capital Capital allotment shares PDF
2024-07-10 CERTNM change-of-name Certificate change of name company PDF
2024-05-03 SH01 capital Capital allotment shares PDF
2024-04-08 SH01 capital Capital allotment shares PDF
2024-03-20 SH01 capital Capital allotment shares PDF
2024-03-13 AD01 address Change registered office address company with date old address new address PDF
2024-02-26 SH01 capital Capital allotment shares PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
10

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Year-on-year

FY2021 → FY2022 · period ending 2022-12-31 vs 2021-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page