How many employees does Neverlocal Ltd have?

Neverlocal Ltd reported an average of 0 employees in the year to 31 Dec 2024.

Company No. 15978286 · Incorporated 25 Sep 2024

Neverlocal Ltd

Q: Is Neverlocal Ltd profitable?

No — Neverlocal Ltd reported a loss of £77.6k in the year to 31 Dec 2024.

Registered name: NEVERLOCAL LTD

Neverlocal Ltd made a £77.6k loss in the year to 31 Dec 2024 (revenue not disclosed).

Neverlocal Ltd reported a loss of £77.6k in the year to 31 Dec 2024; its revenue was not disclosed. It had 0 employees. The company is classified under “business and domestic software development” and is based in London.

Profit onlySection J · Information and communicationSIC 62012Business and domestic software development

Status: Active
Location: London, London
Age: 2 yrs · since 2024
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2024

Key figures

Small team

Revenue

—

Not disclosed in filing

Profit

−£77.6k

Growth —

Profit margin

—

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

1 filed year

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024
Disclosure	Profit only
Profit & loss
Revenue (turnover)	—
Profit after tax	−£77.6k
Profit (best available)	−£77.6k
Employees (average)	0
Ratios
Profit margin	—
Balance sheet — indirect signals, not revenue
Cash at bank	£263k
Net assets	£188k
Deferred income	£2k
Source	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now £188k
Cash at bank: —; Now £263k
Headcount: —; Now 0
Deferred income: —; Now £2k
Fixed assets: —; Now —

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Hashberg Ltdultimate parent75–100%
Neverlocal Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Beluga Markets LtdFigures not disclosed
Spooqy LtdFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£77.6k), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.