3 ms·
Good call: that's (effectively) last year's though, so it's possible things were better this year (although doesn't look good - and doesn't seem to match number
by berkut 5y ago
Good call: that's (effectively) last year's though, so it's possible things were better this year (although doesn't look good - and doesn't seem to match numbers OP was stating).
Edit: actually, maybe not: the doc mentions March 2021 and Oct 2021 funding...
- youngtaff 5y agoThose numbers look ok (ish) Staff costs are roughly £900,000 of the £1.2M loss and they received investment of £5.5M These are for year two of their business so they’re not huge losses for a venture backed business and suspect they could have sustained the same level of loss year to Dec 31 2021 I tend prefer bootstrapped businesses but these accounts don’t look too bad