NERIAL LTD — The Accounts

Net assets

5-year trend · vs Consumer Discretionary median

NERIAL LTD·Consumer Discretionary median · n=16805

Accounts

5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Δ vs prior
Turnover	£239,694	£2,120,538	£1,751,784	£933,300	£294,453	-68.5%
Operating profit	£123,786	£1,645,092	£533,305	-£1,309,368	-£1,017,697	+22.3%
Profit before tax	£123,786	£1,645,437	£533,305	-£1,306,308	-£1,005,002	+23.1%
Net profit	£181,078	£1,672,477	£645,882	-£989,185	-£817,375	+17.4%
Cash	£875,190	£232,087	£217,083	£256,027	£413,441	+61.5%
Total assets less current liabilities	£2,110,681	£3,783,307	£4,429,680	£3,439,034	£2,620,024	-23.8%
Net assets	£2,108,225	£3,780,702	£4,426,584	£3,437,399	£2,620,024	-23.8%
Equity	£2,108,225	£3,780,702	£4,426,584	£3,437,399	£2,620,024	-23.8%
Average employees	10	13	14	15	14	-6.7%
Wages	—	—	£267,361	£253,003	£446,763	+76.6%
Directors' remuneration	£46,667	£90,000	£68,799	£29,066	£59,952	+106.3%
Directors' pension contributions	—	—	£881	£2,649	£6,567	+147.9%

Values shown as filed in the company's annual accounts. — 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	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating margin	51.6%	77.6%	30.4%	-140.3%	—
Net margin	75.5%	78.9%	36.9%	-106.0%	—
Return on capital employed	5.9%	43.5%	12.0%	-38.1%	-38.8%
Gearing (liabilities / total assets)	1.8%	1.5%	2.1%	4.3%	4.3%
Current ratio	—	—	32.34x	18.76x	18.25x

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. 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.

Audit & accounting basis

Accounting basis: FRS 101
Reporting scope: Standalone (parent only)
Auditor: Feist Hedgethorne Limited
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“The financial statements have been prepared on the going concern basis. In making this assessment, the directors have considered the company's financial position, cash flow forecasts and the support available from its parent undertaking for a period of at least twelve months.”

Significant events

“Subsequent to the year end, the ultimate parent undertaking, Devolver Digital Inc, announced plans to delist from the stock exchange and return to private ownership.”
“As part of the wider restructuring of the group, it has also been announced that the employees of Nerial Limited are expected to be made redundant during September 2026.”

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

People

2 active · 5 resigned

Name	Role	Appointed	Born	Nationality
ALLIOT, Tamara	Director	2019-09-30	Sep 1987	British
CHADWICK, Brian Paige	Director	2024-06-01	Jul 1970	British

Show 5 resigned officers

Name	Role	Appointed	Resigned
ALLIOT, Francois Louis Marie	Director	2016-04-05	2021-04-29
DE BOCK, Arnaud	Director	2020-06-03	2021-04-29
GUYOT, Camille	Director	2020-10-13	2021-04-29
MORIN, Douglas	Director	2021-04-29	2024-01-31
STRUTHERS, Graeme Shearer	Director	2021-04-29	2026-03-20

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Mr Arnaud De Bock	Individual	Shares 25–50%, Voting 25–50%	2020-06-03	Ceased 2021-04-29
Mrs Tamara Alliot	Individual	Shares 25–50%, Voting 25–50%	2016-06-29	Ceased 2021-04-29
Mr Francois Louis Marie Alliot	Individual	Shares 25–50%, Voting 25–50%	2016-06-29	Ceased 2021-04-29

Filing timeline

Last 20 of 56 total filings

Material constitutional events — rename, articles re-file, resolution

2024-05-29 RESOLUTIONS Resolution
2024-05-29 MA Memorandum articles

Date	Type	Category	Description
2026-09-15	AA	accounts	Accounts with accounts type full	PDF
2026-05-20	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2026-05-08	TM01	officers	Termination director company with name termination date	PDF
2025-07-25	AA	accounts	Accounts with accounts type full	PDF
2025-03-27	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-09-13	AA	accounts	Accounts with accounts type full	PDF
2024-06-14	AP01	officers	Appoint person director company with name date	PDF
2024-05-29	RESOLUTIONS	resolution	Resolution
2024-05-29	MA	incorporation	Memorandum articles
2024-03-22	CS01	confirmation-statement	Confirmation statement with updates	PDF
2024-03-12	TM01	officers	Termination director company with name termination date	PDF
2023-06-02	AA	accounts	Accounts with accounts type full	PDF
2023-03-29	CS01	confirmation-statement	Confirmation statement with updates	PDF
2022-06-23	AA	accounts	Accounts with accounts type small
2022-03-22	CS01	confirmation-statement	Confirmation statement with updates	PDF
2021-10-14	AA01	accounts	Change account reference date company current shortened	PDF
2021-05-28	AA	accounts	Accounts with accounts type total exemption full	PDF
2021-05-10	PSC08	persons-with-significant-control	Notification of a person with significant control statement	PDF
2021-05-10	AP01	officers	Appoint person director company with name date	PDF
2021-05-10	AP01	officers	Appoint person director company with name date	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 3
Capital events: 0
Officers appointed: 0
Officers resigned: 1

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.