NEURALSPACE, INC.
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Cash
£1M
USD 1,956,137
Latest balance sheet
Net assets
£2M
USD 2,065,798
Equity attributable
Employees
3
Average over period
Profit before tax
-£875K
USD -1,170,369
Period ending 2022-12-31
Net assets
1-year trend · vs Unclassified median
Accounts
1-year trend · latest reflected 2022-12-31
Latest accounts filed cover 2023-12-31; financial figures currently reflect up to 2022-12-31.
| Metric | Trend | 2022-12-31 |
|---|---|---|
| Turnover | £13,082 | |
| Operating profit | -£792,311 | |
| Profit before tax | -£874,911 | |
| Net profit | -£874,911 | |
| Cash | £1,462,314 | |
| Total assets less current liabilities | £1,544,291 | |
| Net assets | £1,544,291 | |
| Equity | £1,544,291 | |
| Average employees | 3 | |
| Wages | — | |
| Directors' remuneration | — |
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. About these numbers
Year-on-year
Latest filed period vs the prior one
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-12-31 |
|---|---|---|
| Return on capital employed | -51.3% | |
| Gearing (liabilities / total assets) | 2.5% | |
| Current ratio | 39.35x | |
| Interest cover | -177.97x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Oxwich Accountancy Limited
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Affirmed
“The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern.”
Group structure
- NEURALSPACE, INC. · parent
- ALEKHA IT UK LIMITED 100%
- ALEKHA IT PRIVATE LIMITED 99.99%
Significant events
- “During the period the company made substantial progress in the research and development of its proprietary machine learning technology. Initial products were successfully taken to market.”
- “The company began to hire its international sales and marketing team and early progress has been made in growing revenues.”
- “Because of its substantial investment in R&D activities, and as expected, the company made a loss for the period and continues to be loss making and cashflow negative at the end of the period.”
- “The company was successful in securing substantial initial equity investment funding during the period and is confident that its current strategic plans are adequately funded.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAUMANN, Felix Johann Sebastian | Secretary | 2022-08-01 | — | — |
| DASH, Ayushman | Director | 2022-08-01 | Feb 1991 | Indian |
| LAUMANN, Felix Johann Sebastian | Director | 2022-08-01 | Jul 1990 | German |
| RANGEL VALLARI, David Erwin | Director | 2022-08-01 | Nov 1974 | American |
Ownership
Persons with significant control
Filing timeline
Last 8 of 8 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-01-29 | AA | accounts | Accounts with accounts type group | |
| 2025-01-29 | AA | accounts | Accounts with accounts type group | |
| 2023-04-17 | OSCH02 | other | Change company details overseas company with change details | |
| 2022-08-01 | OS-PAR | annual-return | Appointment at registration of person authorised to represent | |
| 2022-08-01 | OS-PAR | annual-return | Appointment at registration of person authorised to represent | |
| 2022-08-01 | OS-PAR | annual-return | Appointment at registration of person authorised to represent | |
| 2022-08-01 | OS-PAR | annual-return | Appointment at registration of person authorised to accept service | |
| 2022-08-01 | OSIN01 | incorporation | Register overseas company |
Public-record activity
Raw counts from Companies House — last 12–24 months