VECTOR AI LTD
Get an alert when VECTOR AI 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
2026-11-27 (in 6mo)
Last made up 2025-11-13
Watchouts
None on the register
Cash
£12M
-39.3% vs 2023
Net assets
£13M
-39.4% first positive since 2019
Employees
93
+4.5% highest in 6 filed years
Profit before tax
-£10M
-17% vs 2023
Net assets
6-year trend · vs Technology median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-11-30 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £3,045,026 | £4,070,501 | |
| Operating profit | — | — | — | — | -£8,573,401 | -£10,218,192 | |
| Profit before tax | — | — | — | — | -£8,142,811 | -£9,527,847 | |
| Net profit | — | — | — | — | -£7,519,850 | -£8,942,290 | |
| Cash | £66,015 | £1,052,535 | £8,814,086 | £4,893,669 | £19,291,310 | £11,712,348 | |
| Total assets less current liabilities | -£221,766 | £1,296,839 | £9,746,700 | £5,822,378 | £20,987,339 | £12,754,997 | |
| Net assets | -£221,766 | £1,296,839 | £9,746,700 | £5,822,378 | £20,987,339 | £12,714,953 | |
| Equity | -£221,766 | £1,296,839 | £9,746,700 | £5,822,378 | £20,987,339 | £12,714,953 | |
| Average employees | 4 | 12 | 20 | 39 | 89 | 93 | |
| Wages | — | — | — | — | £5,511,377 | £7,422,594 | |
| Directors' remuneration | — | — | — | — | £280,000 | £280,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+33.7%
£3,045,026 £4,070,501
-
Cash
-39.3%
£19,291,310 £11,712,348
-
Net assets
-39.4%
£20,987,339 £12,714,953
first positive since 2019
-
Employees
+4.5%
89 93
highest in 6 filed years
-
Operating profit
-19.2%
-£8,573,401 -£10,218,192
-
Profit before tax
-17%
-£8,142,811 -£9,527,847
-
Wages
+34.7%
£5,511,377 £7,422,594
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 | 2019-11-30 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Return on capital employed | — | — | — | — | -40.9% | -80.1% | |
| Gearing (liabilities / total assets) | — | — | — | — | 2.9% | 7.4% | |
| Current ratio | — | — | — | — | 33.32x | 13.68x |
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 102
- Reporting scope
- Consolidated group
- Auditor
- Cooper Parry Group Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- VECTOR AI LTD · parent
- Raft AI, Inc. 100%
- Raft.AI Private Limited 99.99%
Significant events
- “There have been no significant events affecting the group since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COOMBES, James | Director | 2017-11-14 | Sep 1982 | British |
| DROESCH, Michael James | Director | 2021-09-03 | Nov 1987 | American |
| MEHTA, Nisarg | Director | 2017-11-14 | Aug 1995 | Indian |
| TRESKOW, Michael | Director | 2023-06-05 | Sep 1979 | German |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LLOYD, Adrian Eyre | Director | 2019-12-13 | 2023-11-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr James Coombes | Individual | Shares 25–50%, Voting 25–50% | 2017-11-14 | Ceased 2021-09-03 |
| Nisarg Mehta | Individual | Shares 25–50%, Voting 25–50% | 2017-11-14 | Ceased 2021-09-03 |
Filing timeline
Last 20 of 81 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-13 | SH01 | capital | Capital allotment shares | |
| 2025-11-13 | SH01 | capital | Capital allotment shares | |
| 2025-11-13 | SH01 | capital | Capital allotment shares | |
| 2025-11-13 | SH01 | capital | Capital allotment shares | |
| 2025-11-13 | SH01 | capital | Capital allotment shares | |
| 2025-11-13 | SH01 | capital | Capital allotment shares | |
| 2025-11-13 | SH01 | capital | Capital allotment shares | |
| 2025-11-13 | SH01 | capital | Capital allotment shares | |
| 2025-11-13 | SH01 | capital | Capital allotment shares | |
| 2025-11-13 | RP01SH01 | miscellaneous | Legacy | |
| 2025-10-04 | AA | accounts | Accounts with accounts type group | |
| 2024-12-20 | SH01 | capital | Capital allotment shares | |
| 2024-12-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-05 | SH06 | capital | Capital cancellation shares | |
| 2024-12-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-02 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-12-02 | SH01 | capital | Capital allotment shares | |
| 2024-12-02 | SH01 | capital | Capital allotment shares | |
| 2024-12-02 | 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
- 12
- Capital events
- 14
- 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.