Those 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

Those 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