VENTUREBEAM LTD.
Get an alert when VENTUREBEAM LTD. files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-14 (in 11mo)
Last made up 2026-03-31
Watchouts
None on the register
Cash
£1M
EUR 1,533,043
+17% highest in 5 filed years
Net assets
£15M
EUR 17,733,532
-21.5% vs 2023
Employees
31
0% vs 2023
Profit before tax
-£9M
EUR -9,925,672
-109.9% vs 2023
Net assets
7-year trend · vs Technology median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £167,004 | £521,551 | |
| Operating profit | — | — | — | — | — | -£3,650,219 | -£7,852,185 | |
| Profit before tax | — | — | — | — | — | -£4,112,038 | -£8,631,770 | |
| Net profit | — | -£1,007,616 | — | -£4,242,391 | -£1,531,796 | -£4,112,038 | -£8,631,770 | |
| Cash | — | £471,469 | — | £5,505 | £102,959 | £1,139,191 | £1,333,197 | |
| Total assets less current liabilities | — | £11,984,709 | — | £9,868,146 | £12,714,511 | £19,644,870 | £15,421,804 | |
| Net assets | — | £11,984,709 | — | £9,119,222 | £12,714,511 | £19,644,870 | £15,421,804 | |
| Equity | £5,921,370 | £11,984,709 | £11,984,709 | £9,119,222 | £12,714,511 | £19,644,870 | £15,421,804 | |
| Average employees | — | 0 | — | 0 | 0 | 31 | 31 | |
| Wages | — | — | — | — | — | £1,478,152 | £2,303,559 | |
| Directors' remuneration | — | — | — | — | — | £233,206 | £174,065 |
Figures converted to GBP from EUR at 0.870 per EUR (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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+212.3%
£167,004 £521,551
-
Cash
+17%
£1,139,191 £1,333,197
highest in 5 filed years
-
Net assets
-21.5%
£19,644,870 £15,421,804
-
Employees
0%
31 31
-
Operating profit
-115.1%
-£3,650,219 -£7,852,185
-
Profit before tax
-109.9%
-£4,112,038 -£8,631,770
-
Wages
+55.8%
£1,478,152 £2,303,559
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-01-01 | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Return on capital employed | — | — | — | — | — | -18.6% | -50.9% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 12.2% | 13.2% | |
| Current ratio | — | — | — | — | — | 0.91x | 1.14x | |
| Interest cover | — | — | — | — | — | -7.72x | — |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- VENTUREBEAM LTD. 2025-05-19 → present
- FUNDERBEAM LTD. 2015-03-31 → 2025-05-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Grant Thornton
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors consider it appropriate to prepare these financial statements on a going concern basis, despite continued losses and reliance on parent company support, as forecasts indicate a path towards breakeven and adequate resources are expected.”
Group structure
- VENTUREBEAM LTD. · parent
- Venturebeam Markets Limited 100%
- Funderbeam Nominees Ltd 100%
- Venturebeam Technology OÜ 100%
- Venturebeam Markets AS 100%
- Funderbeam Ventures OÜ 100%
- Funderbeam South-East Europe d.o.o. 70%
- Venturebeam Markets Pte. Ltd. 100%
- Vestiver Nominees Limited 100%
Significant events
- “Successful investment transaction with VentureWave completed on 27 October 2023, leading to VentureWave Limited becoming the ultimate parent company and a commitment to invest up to EUR 12m.”
- “Group underwent a name change from Funderbeam Ltd to Venturebeam Ltd.”
- “Vestiver U.S. Inc. dissolved on 22 November 2024.”
- “Company received additional €1.5m of equity funding from VentureWave Limited on 15 April 2025.”
- “2,364,719 Series A 2023 GBP shares allotted for £0.53403 on 15 May 2025.”
- “Vestiver Nominees Limited dissolved on 9 June 2025.”
- “Funderbeam South-East Europe d.o.o dissolved on 24 June 2025.”
- “Company received additional €1.5m of equity funding from VentureWave Limited on 27 August 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURTON, Nicholas | Director | 2025-04-01 | Jun 1979 | Finnish |
| DAVIES, Thomas Jasper Gwyndaf | Director | 2019-11-14 | Oct 1978 | British |
| FOY, Alan | Director | 2023-10-28 | Dec 1981 | Irish |
| GOGAN, Neil | Director | 2023-10-28 | Jan 1982 | Irish |
| MARTIN, Brian | Director | 2023-10-28 | Sep 1987 | Irish |
| RYAN, Vincent Charles | Director | 2023-10-28 | Sep 1957 | Irish |
| TAIRA, Atsushi | Director | 2019-11-11 | Apr 1963 | Japanese |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GAMMON, David Ranken | Director | 2015-06-01 | 2017-01-26 |
| MOBASSALEH, Reem Nahas | Director | 2019-11-14 | 2020-08-24 |
| PEIKER, Urmas | Director | 2015-03-31 | 2019-11-05 |
| RUUSALEPP, Kaidi | Director | 2015-06-01 | 2025-03-31 |
| TALLINN, Jaan | Director | 2017-01-26 | 2019-11-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Alan Foy | Individual | Significant influence | 2023-10-27 | Active |
Filing timeline
Last 20 of 92 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-05-19 CERTNM Certificate change of name company PDF
- 2024-04-17 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-09 | SH01 | capital | Capital allotment shares | |
| 2026-02-09 | SH01 | capital | Capital allotment shares | |
| 2026-02-09 | SH01 | capital | Capital allotment shares | |
| 2025-10-03 | AA | accounts | Accounts with accounts type group | |
| 2025-06-06 | SH01 | capital | Capital allotment shares | |
| 2025-05-19 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-04-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-01 | SH01 | capital | Capital allotment shares | |
| 2024-10-08 | AA | accounts | Accounts with accounts type group | |
| 2024-09-27 | SH01 | capital | Capital allotment shares | |
| 2024-07-03 | SH01 | capital | Capital allotment shares | |
| 2024-04-20 | AA | accounts | Accounts with accounts type group | |
| 2024-04-17 | MA | incorporation | Memorandum articles | |
| 2024-04-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-08 | SH01 | capital | Capital allotment shares | |
| 2024-04-08 | SH01 | capital | Capital allotment shares | |
| 2024-04-08 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 7
- 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.