GROUND TRUTH LABS LTD - Profile & Financials

Accounts Submitted 11 Aug 2025

Confirmation Statement Submitted 1 Dec 2025

Net assets £1.88M £854.38K 2024 year on year

Total assets £1.95M £934.60K 2024 year on year

Total Liabilities £69.04K £80.22K 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

125 Wood Street London EC2V 7AW United Kingdom

Office ()

London, England, United Kingdom, Europe

privacy@groundtruthlabs.com

Website

groundtruthlabs.com

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2020–2024)

Cash in Bank

£1.70M

Decreased by £1.10M (-39%)

Net Assets

£1.88M

Decreased by £854.38k (-31%)

Total Liabilities

£69.04k

Decreased by £80.22k (-54%)

Turnover

N/A

Employees

Increased by 8 (+200%)

Debt Ratio

Decreased by 1 (-20%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share allotments and capital structure

1 Allotment 53,846 Shares £3.50m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
9 Jan 2023	SEED PREFERRED	53,846	£3.50m	£65

Officers

4 active 1 resigned

Show resigned officers

						Status
Alan Aberdeen	Director	British	United Kingdom	33	28 Nov 2019	Active
Jens Rittscher	Director	German	United Kingdom	56	28 Nov 2019	Active
Joel Schoppig	Director	Swiss	United Kingdom	40	19 Feb 2025	Active
Korsuk Sirinukunwattana	Director	Thai	United Kingdom	38	28 Nov 2019	Active

Shareholders

Shareholders (7)


Oxford Science Enterprises Plc	35.0%	53,846	Seed Preferred	30 Nov 2023
Technikos Llp	5.5%	8,528	Ordinary	30 Nov 2023
The Chancellor. Masters And Scholars Of The University Of Oxford	3.9%	5,936	Ordinary	30 Nov 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Oxford Science Enterprises Plc

United Kingdom

Active

Notified 9 Jan 2023

Nature of Control

Ownership Of Shares 25 To 50 Percent
Voting Rights 25 To 50 Percent

Korsuk Sirinukunwattana

Ceased 9 Jan 2023

Ceased

Alan Aberdeen

Ceased 9 Jan 2023

Ceased

See All Controllers

Group Structure

OXFORD SCIENCE ENTERPRISES PLC united kingdom

GROUND TRUTH LABS LTD Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
1 Dec 2025	Confirmation Statement	Confirmation statement made on 2025-11-27 with no updates	View(3 pages)
11 Aug 2025	Accounts	Annual accounts made up to 2024-11-30	View(9 pages)
14 May 2025	Officers	Appointment of Joel Schoppig as director on 2025-02-19	View(2 pages)
14 May 2025	Officers	Termination of Liliane Chamas as director on 2025-02-19	View(1 page)
3 Dec 2024	Confirmation Statement	Confirmation statement made on 2024-11-27 with no updates	View(3 pages)