MESH AI LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-23 (in 7mo)
Last made up 2025-12-09
Watchouts
None on the register
Cash
£251K
-85.8% lowest in 3 filed years
Net assets
£2M
-27.5% lowest in 3 filed years
Employees
85
-7.6% vs 2023
Profit before tax
-£8M
-184% vs 2023
Profit before tax
5-year trend · vs Technology median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-05-17 | 2022-05-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | -£2,880,248 | -£8,180,167 | |
| Net profit | — | — | — | -£2,880,248 | -£6,613,882 | |
| Cash | — | £2,635,630 | — | £1,762,718 | £251,089 | |
| Total assets less current liabilities | — | £2,781,780 | — | £2,261,627 | £1,638,703 | |
| Net assets | — | — | — | — | — | |
| Equity | — | £2,781,780 | — | £2,261,627 | £1,638,703 | |
| Average employees | — | 22 | — | 92 | 85 | |
| Wages | — | — | — | £11,418,625 | £12,497,122 |
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
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have received a letter of support from its Investors, Columbia Capital, confirming that financial support will be provided to assist the company in meeting its liabilities as and when they fall due, for a period of at least 12 months from the date of approval of the financial statements.”
Significant events
- “The Company reported a loss of £6.6 million, which included a one-off, non-recurring restructuring cost of £919,000 in the first half of the year as the Company transitioned into a new phase of growth, focusing on a revised long-term go-to-market strategy and customer base.”
- “A new leadership team was appointed, bringing extensive experience in professional services and the markets where Mesh AI operates.”
- “The Company experienced a 26% revenue increase in the second half of the year and secured a backlog of £4.4 million as of 31 December 2024.”
- “Full-time equivalent (FTE) headcount increased from 83 in June 2024 to 105 in February 2025, a 27% increase.”
- “The Company refined its long-term strategy in Q2 2024 with a focus on Leadership Transformation and Go-to-Market Strategy Enhancement, including new leadership appointments in Sales, HR, and Finance, and a pivot to targeting large enterprises in Energy/Utilities and Financial Services sectors.”
- “Mesh-AI is investing in growing its partnerships with AWS and Microsoft Azure to increase services in existing customers and win net new logos in target industries.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FARMER, Matthew | Secretary | 2021-05-18 | — | — |
| FARMER, Matthew | Director | 2021-05-18 | Nov 1976 | British |
| PARSONS, Jacob | Director | 2024-09-13 | Sep 1970 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BULPIN, Sebastian Pendarves | Director | 2021-06-14 | 2024-09-26 |
| CHALMERS, Michael David | Director | 2024-04-05 | 2024-09-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Sebastian Pendarves Bulpin | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2021-07-15 | Ceased 2021-11-15 |
| Mr Matthew Farmer | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2021-05-18 | Ceased 2021-11-15 |
Filing timeline
Last 20 of 33 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-16 | AA | accounts | Accounts with accounts type full | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-04 | SH01 | capital | Capital allotment shares | |
| 2024-10-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-25 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-04-11 | CH01 | officers | Change person director company with change date | |
| 2024-04-11 | CH03 | officers | Change person secretary company with change date | |
| 2024-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-04 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-03-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-10-17 | AA01 | accounts | Change account reference date company current shortened | |
| 2022-10-12 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-22 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2022-06-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
-85.8%
£1,762,718 £251,089
lowest in 3 filed years
-
Net assets
—
Not reported
-
Employees
-7.6%
92 85
-
Profit before tax
-184%
-£2,880,248 -£8,180,167
-
Wages
+9.4%
£11,418,625 £12,497,122
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