UK Companies House feature
NAPO LIMITED
Cash
£12M
+52.2% vs 2023
Net assets
£10M
+57.7% vs 2023
Employees
70
+16.7% vs 2023
Profit before tax
-£6M
-8.3% vs 2023
Profile
- Company number
- 13281620
- Status
- Active
- Incorporation
- 2021-03-21
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62090
Net assets
4-year trend · vs UK AI & Enterprise SaaS median
Accounts
4-year trend · latest 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | -£5,978,498 | -£6,474,422 | |
| Net profit | — | — | -£5,978,498 | -£6,474,422 | |
| Cash | £129,817 | — | £7,877,682 | £11,988,779 | |
| Total assets less current liabilities | £1,299,921 | — | £10,713,652 | £16,405,750 | |
| Net assets | £1,235,037 | — | £6,363,357 | £10,031,884 | |
| Equity | — | — | £6,363,357 | £10,031,884 | |
| Average employees | 8 | — | 60 | 70 | |
| Wages | — | — | £3,946,792 | £4,403,025 |
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
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Bright Grahame Murray
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “During 2024, 1,138,680 EMI shares were taken up by 53 employees with an exercise price of £0.0001, replacing the surrendered EMI share options in 2023.”
- “37,735 Ordinary A shares cancelled in 2024 (from 2021 scheme); 51,967 Ordinary B shares cancelled in 2024 (from 2022 scheme); Ordinary C shares exercised in 2023 and cancelled in 2024, replaced with Deferred shares.”
- “270,271 Preference A shares from a 2023 scheme were exercised in 2024.”
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
6 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OHS SECRETARIES LIMITED | Corporate Secretary | 2024-02-06 | — | — |
| AZOULAY, Philippe | Director | 2021-04-23 | Sep 1980 | French |
| DOUMENG, Jean-Philippe Michel | Director | 2021-03-21 | Jan 1981 | French,British |
| SMYTH, Timothy John | Director | 2026-03-02 | Jun 1967 | British |
| THOMAS, Guy Alexander Ward | Director | 2022-10-05 | Oct 1988 | British |
| MERCIA FUND MANAGEMENT (NOMINEES) LIMITED | Corporate Director | 2025-10-16 | — | — |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COLAS, Benjamin Michael | Director | 2021-04-23 | 2022-10-05 |
| KLEIBERGEN, Martijn Christian | Director | 2025-02-25 | 2025-10-16 |
| LIU, Jenny Qing Xin Jieyu | Director | 2024-03-01 | 2024-12-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| G Reinsurance Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2021-04-23 | Ceased 2021-04-23 |
| Philippe Azoulay | Individual | Shares 25–50%, Voting 25–50% | 2021-04-23 | Active |
| Mr Jean-Philippe Michel Doumeng | Individual | Shares 25–50%, Voting 25–50% | 2021-03-21 | Ceased 2022-10-12 |
Filing timeline
Last 20 of 115 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-05-07 | RP01AP01 | officers | replacement filing of director appointment with name |
| 2026-04-30 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-03-13 | AP01 | officers | appoint person director company with name date |
| 2026-02-06 | SH01 | capital | capital allotment shares |
| 2026-01-15 | MA | incorporation | memorandum articles |
| 2026-01-15 | RESOLUTIONS | resolution | resolution |
| 2025-11-20 | TM01 | officers | termination director company with name termination date |
| 2025-11-20 | AP02 | officers | appoint corporate director company with name date |
| 2025-11-04 | SH08 | capital | capital name of class of shares |
| 2025-11-04 | RESOLUTIONS | resolution | resolution |
| 2025-11-04 | SH03 | capital | capital return purchase own shares |
| 2025-10-20 | SH06 | capital | capital cancellation shares |
| 2025-07-01 | AA | accounts | accounts with accounts type full |
| 2025-05-22 | SH06 | capital | capital cancellation shares |
| 2025-05-22 | SH06 | capital | capital cancellation shares |
| 2025-05-22 | SH06 | capital | capital cancellation shares |
| 2025-05-22 | SH03 | capital | capital return purchase own shares |
| 2025-05-22 | SH03 | capital | capital return purchase own shares |
| 2025-05-22 | SH03 | capital | capital return purchase own shares |
| 2025-04-03 | CS01 | confirmation-statement | confirmation statement with updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
4.98
SAFE
Altman Z″
- Working capital / Total assets 0.913 × 6.56 = +5.99
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.408 × 6.72 = -2.74
- Book equity / Total liabilities 1.645 × 1.05 = +1.73
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory