CLEO AI LTD.
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Cash
£20M
USD 26,176,840
-18.9% lowest in 3 filed years
Net assets
£27M
USD 36,737,072
+3.6% vs 2023
Employees
294
+34.9% vs 2023
Profit before tax
-£575K
USD -769,384
+95.2% vs 2023
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | £49,266,353 | £101,442,831 | +105.9% | |
| Operating profit | — | -£11,306,672 | £1,932,190 | +117.1% | |
| Profit before tax | — | -£12,083,286 | -£575,154 | +95.2% | |
| Net profit | — | -£11,812,359 | -£883,515 | +92.5% | |
| Cash | £34,057,715 | £24,133,933 | £19,568,543 | -18.9% | |
| Total assets less current liabilities | £41,799,194 | £40,668,213 | £56,651,422 | +39.3% | |
| Net assets | £34,555,447 | £26,517,281 | £27,462,863 | +3.6% | |
| Equity | £34,555,447 | £26,517,281 | £27,462,863 | +3.6% | |
| Average employees | — | 218 | 294 | +34.9% | |
| Wages | — | £17,379,111 | £28,218,781 | +62.4% | |
| Directors' remuneration | — | £149,903 | £234,583 | +56.5% |
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. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -23.0% | 1.9% | |
| Net margin | — | -24.0% | -0.9% | |
| Return on capital employed | — | -27.8% | 3.4% | |
| Gearing (liabilities / total assets) | 40.5% | 42.6% | 60.7% | |
| Current ratio | 3.21x | 7.07x | 4.60x | |
| Interest cover | — | -6.92x | 0.66x |
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.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the Group and Company has adequate resources to continue in operational existence for the foreseeable future. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- CLEO AI LTD. · parent
- Cleo AI Inc 1%
- Cleo AI Funding Secured I, LLC 1%
Significant events
- “On 26 March 2025, Cleo Al Ltd successfully raised $38.8 million through the issuance of convertible loan notes to a group of existing investors. These instruments are unsecured and carry terms entitling the holders to convert their holdings into equity upon the occurrence of specific events.”
- “On 7 April 2025, Cleo Al Inc., a wholly owned subsidiary of Cleo Al Ltd, finalized and paid a settlement amounting to $17 million to the U.S. Federal Trade Commission (FTC) in relation to an ongoing investigation regarding historical practices.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OAKWOOD CORPORATE SECRETARY LIMITED | Corporate Secretary | 2022-07-19 | — | — |
| HUSSEY-YEO, Barnaby | Director | 2015-11-09 | Sep 1989 | British |
| KEUSTERS, Anthony | Director | 2022-04-05 | Nov 1986 | Belgian |
| MENDOZA-GUTFREUND, Tomas Leonardo | Director | 2020-06-11 | Jun 1982 | British |
| MOFFAT, Robert Warriner | Director | 2019-02-11 | Jun 1978 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| WOZNIAK, Aleksandra Krystyna | Director | 2015-11-09 | 2018-01-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Barnaby Hussey-Yeo | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-09-25 |
| Miss Aleksandra Krystyna Wozniak | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-01-19 |
Filing timeline
Last 20 of 147 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-22 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-22 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-20 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-20 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-20 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-20 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-20 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-20 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-20 | RP01SH01 | miscellaneous | Legacy | |
| 2026-01-16 | SH08 | capital | Capital name of class of shares | |
| 2026-01-16 | SH10 | capital | Capital variation of rights attached to shares | |
| 2026-01-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-13 | SH01 | capital | Capital allotment shares | |
| 2026-01-13 | SH01 | capital | Capital allotment shares | |
| 2026-01-13 | SH01 | capital | Capital allotment shares | |
| 2026-01-13 | SH01 | capital | Capital allotment shares | |
| 2026-01-13 | SH01 | capital | Capital allotment shares | |
| 2026-01-13 | SH01 | capital | Capital allotment shares | |
| 2026-01-13 | SH01 | capital | Capital allotment shares | |
| 2026-01-05 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 9
- 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.