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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-05 (in 2mo)

Last made up 2025-06-21

Watchouts

None on the register

Cash

£31M

-17.3% vs 2023

Net assets

£8M

-66.5% vs 2023

Employees

303

-6.5% vs 2023

Profit before tax

-£26M

+9.1% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £34,563,463£42,563,442
Operating profit -£29,886,775-£26,678,200
Profit before tax -£28,086,265-£25,519,382
Net profit -£27,294,227-£26,947,197
Cash £37,192,878£30,742,591
Total assets less current liabilities £26,377,324£12,915,865
Net assets £24,906,624£8,337,587
Equity £24,906,624£8,337,587
Average employees 324303
Wages £36,758,237£33,903,982
Directors' remuneration £591,000£534,687

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

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 2023-12-312024-12-31
Operating margin -86.5%-62.7%
Net margin -79.0%-63.3%
Return on capital employed -113.3%-206.6%
Gearing (liabilities / total assets) 58.0%84.3%
Current ratio 1.58x1.19x
Interest cover -245.80x-160.76x

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
FRS 102
Reporting scope
Consolidated group
Auditor
Grant Thornton UK LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The business continues to trade satisfactorily with no significant adverse cash flow impact.”

Group structure

  1. IMMERSIVE LABS HOLDINGS LIMITED · parent
    1. Immersive Labs Limited 100% · UK · Provision of software licences
    2. Immersive Labs Corporation 100% · USA · Provision of software licences
    3. Immersive Labs GmbH 100% · Germany · Provision of software licences
    4. Immersive Labs Cyber Security Services LLC 100% · UAE · Provision of software licences
    5. Snap Labs LLC 100% · USA · Provision of software licences

Significant events

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

People

9 active · 2 resigned

Name Role Appointed Born Nationality
CLAVEL, Anthony Clifford Director 2019-10-22 May 1980 Swiss
HADLEY, James Richard Director 2018-06-28 Mar 1981 British
HAYWARD, James Paul Director 2018-11-22 Mar 1984 British
HINKLE, Ryan Director 2021-05-26 Mar 1981 American
HUFFARD JR., John Director 2020-05-14 Nov 1967 American
JOHNSON, Jennifer Director 2021-09-16 Jun 1974 American
NEWBURY, Oliver David Director 2024-11-01 Nov 1985 British
PALMER, David John Director 2022-10-07 Feb 1979 British
SCHMITZ, Mark Joseph Director 2025-05-20 Jan 1975 American
Show 2 resigned officers
Name Role Appointed Resigned
BROMHEAD, James Claude Director 2018-11-22 2020-02-21
COOK, Rupert William Director 2018-11-22 2024-11-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
The Goldman Sachs Group, Inc. Corporate entity Shares 25–50%, Voting 25–50%, Appoints directors 2019-10-22 Ceased 2021-05-13
Mr James Richard Hadley Individual Significant influence 2018-06-28 Active

Filing timeline

Last 20 of 155 total filings

Date Type Category Description
2026-03-13 SH01 capital Capital allotment shares PDF
2026-03-13 SH01 capital Capital allotment shares PDF
2026-03-13 SH01 capital Capital allotment shares PDF
2026-03-10 SH01 capital Capital allotment shares
2026-02-05 SH01 capital Capital allotment shares PDF
2026-01-30 SH01 capital Capital allotment shares
2025-12-18 SH01 capital Capital allotment shares PDF
2025-12-08 SH01 capital Capital allotment shares PDF
2025-11-20 SH01 capital Capital allotment shares PDF
2025-11-17 SH01 capital Capital allotment shares PDF
2025-11-14 SH01 capital Capital allotment shares PDF
2025-10-15 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-10-15 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-10-09 SH01 capital Capital allotment shares PDF
2025-10-08 SH01 capital Capital allotment shares
2025-09-17 AA accounts Accounts with accounts type group
2025-09-16 SH01 capital Capital allotment shares
2025-08-28 SH01 capital Capital allotment shares PDF
2025-07-28 SH01 capital Capital allotment shares
2025-07-01 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
16

last 24 months

Officers appointed
1

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.

Official Companies House page