WASTED TALENT LTD

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

• ⚠

  Material uncertainty over going concern

  Material uncertainty exists over financial forecasts & future fundraising. The directors recognise a short call period for facilities, though not expected to be exercised. If forecasts prove incorrect or further fundraising is not secured, significant doubt would be cast on the Group's ability to continue as a going concern.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  -8.9%

  £6,927,257 → £6,308,478

• Cash

  -10.3%

  £161,922 → £145,283

  lowest in 4 filed years

• Net assets

  -2.5%

  -£490,679 → -£502,971

  lowest in 4 filed years

• Employees

  -17.3%

  52 → 43

  lowest in 4 filed years

• Operating profit

  +106.4%

  -£873,069 → £55,918

• Profit before tax

  +102%

  -£874,230 → £17,705

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

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.

1. WASTED TALENT LTD 2017-05-03 → present
2. MIXMAG MEDIA LIMITED 2015-01-22 → 2017-05-03
3. DEVELOPMENT HELL LIMITED 2001-12-03 → 2015-01-22

Accounting basis

FRS 102 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Haysmacintyre LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Material uncertainty exists over financial forecasts & future fundraising. The directors recognise a short call period for facilities, though not expected to be exercised. If forecasts prove incorrect or further fundraising is not secured, significant doubt would be cast on the Group's ability to continue as a going concern.”

Group structure

1. WASTED TALENT LTD · parent
   1. Wasted Talent Inc 100% · New York

Significant events

• “On 24 April 2024, loan notes totalling £500,000 were issued with £300,000 being drawn down prior to signing of the financial statements. These loan notes were issued at an interest rate between 7-10% plus base rates depending on the period in which the loan remains outstanding.”

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

Filings

7

last 12 months

Capital events

0

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.