VOYAGER LABS LIMITED

• ⚠

  Material uncertainty over going concern

  However, uncertainty remains regarding the timely completion of these initiatives within the next 12 months, potentially necessitating additional financing. This, in turn, indicates the existence of a material uncertainty that could cast doubt over the Group and the Company's ability to continue as a going concern.

• ◆

  Audit opinion: Disclaimer of opinion

  Latest auditor's report carried a non-clean opinion.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -33.1%

  £9,577,633 → £6,403,528

• Cash

  +60%

  £929,954 → £1,488,376

• Net assets

  +44.5%

  -£19,810,122 → -£10,998,729

• Employees

  -18.5%

  81 → 66

• Operating profit

  +29.7%

  -£9,335,426 → -£6,567,242

• Profit before tax

  +29.2%

  -£10,763,998 → -£7,622,038

• Wages

  -15.7%

  £7,253,495 → £6,114,226

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. VOYAGER LABS LIMITED 2016-07-25 → present
2. VOYAGER ANALYTICS LIMITED 2012-06-19 → 2016-07-25
3. QUEST SPORTS INTEGRITY SOLUTIONS LIMITED 2010-02-11 → 2012-06-19

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Harris & Trotter LLP

Audit opinion

Disclaimer of opinion

Going concern

Material uncertainty disclosed

“However, uncertainty remains regarding the timely completion of these initiatives within the next 12 months, potentially necessitating additional financing. This, in turn, indicates the existence of a material uncertainty that could cast doubt over the Group and the Company's ability to continue as a going concern.”

Group structure

1. VOYAGER LABS LIMITED · parent
   1. Bionic 8 Analytics Ltd 1% · Israel · Research, development and sales and marketing
   2. Voyager Analytics Inc. 1% · United States of America · Sales and marketing

Significant events

• “New executive management appointed in 2024.”
• “Capital raise, loan restructuring, and the settlement of a legal claim to stabilize financial position.”
• “On 5 December 2024, a legal case filed by Meta Platforms Inc. was dismissed with prejudice.”
• “On 16 June 2024, the Israeli Subsidiary signed an addendum to a loan agreement securing debt restructuring including a partial waiver.”
• “In May 2024, as part of the SPA, Convertible Loans were converted into ordinary B-2 Shares.”
• “As part of the SPA which was signed on May 31, 2024, all prior existing Preferred Shares were converted into Ordinary Shares.”
• “Novarize Inc. was dissolved on 12 November 2024.”
• “In March and April of 2025, the Company secured additional equity financing of approximately $5 million through a round led by its existing investors.”

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

Filings

5

last 12 months

Capital events

6

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.