NOTHING TECHNOLOGY LIMITED
Get an alert when NOTHING TECHNOLOGY LIMITED 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
2025-12-31
Overdue
Confirmation statement due
2026-07-10 (in 2mo)
Last made up 2025-06-26
Watchouts
Cash
£1M
Latest balance sheet
Net assets
-£103M
lowest in 3 filed years
Employees
56
highest in 3 filed years
Profit before tax
-£59M
Period ending 2023-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-12-31.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2023-12-31
| Metric | Trend | 2021-10-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Turnover | — | £51,629,000 | £49,605,000 | |
| Operating profit | — | -£43,408,000 | -£59,318,000 | |
| Profit before tax | — | -£43,421,000 | -£59,359,000 | |
| Net profit | — | -£43,384,000 | -£59,359,000 | |
| Cash | £1,150,162 | £4,614,000 | £1,384,000 | |
| Total assets less current liabilities | £204,345 | -£42,191,000 | -£99,700,000 | |
| Net assets | -£1,484,867 | -£43,876,000 | -£102,575,000 | |
| Equity | — | -£43,876,000 | -£102,575,000 | |
| Average employees | 12 | 38 | 56 | |
| Wages | — | £3,888,000 | £6,819,000 | |
| Directors' remuneration | — | £146,000 | £505,000 |
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
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-10-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Operating margin | — | -84.1% | -119.6% | |
| Net margin | — | -84.0% | -119.7% | |
| Return on capital employed | — | 102.9% | 59.5% | |
| Current ratio | — | 0.20x | 0.11x | |
| Interest cover | — | -3339.08x | -1446.78x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared using the going concern basis of accounting. The directors have reviewed the company's going concern position taking into account its current business activities, forecast performance and factors likely to affect its future performance. Based on this review, the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- NOTHING TECHNOLOGY LIMITED · parent
- Nothing Technology B.V. 100%
- Nothing Technology S.L. 100%
- Nothing Technology A.B. 100%
- Wagmi America, Corp 100%
Significant events
- “On 18 December 2024, the company and the ultimate holding company entered into a facility agreement with a bank and certain other parties, pursuant to which the bank agreed to make £30m available to support the group and company's working capital requirements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PEI, Carl | Director | 2020-10-29 | Sep 1989 | Swedish |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HOLBROW, Timothy Bruce Warren | Director | 2023-04-01 | 2025-10-13 |
| SANMARTIN GARCIA, David | Director | 2021-01-08 | 2023-04-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Carl Pei | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-10-29 | Ceased 2021-02-09 |
| Mr Carl Yu Pei | Individual | Significant influence | 2020-10-29 | Active |
Filing timeline
Last 20 of 40 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-31 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-03-10 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-10-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-27 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-26 | CH01 | officers | Change person director company with change date | |
| 2025-06-26 | CH01 | officers | Change person director company with change date | |
| 2025-03-04 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-03 | AA | accounts | Accounts with accounts type full | |
| 2024-12-31 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-16 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-16 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-08-28 | AA | accounts | Accounts with accounts type small | |
| 2024-07-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-23 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2024-05-23 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.