Quantexa Ltd - a classic case of deliberate Company Law Compliance failures confirming that Unicorns really don't exist?

On 4 April 2023 Quantexa announced the completion of its Series E fund raising. https://www.quantexa.com/press/series-e-funding-round/ 
and 
https://news.crunchbase.com/venture/unicorn-board-april-2023/ 

 Only one problem - no shares have ever been issued according to the records of the Secretary of State for Trade and Industry. https://find-and-update.company-information.service.gov.uk/company/10045407/filing-history 


3 months later, The Prime Minister Rishi Sunak was roped in to promote Quantexa. https://twitter.com/RishiSunak/status/1679044710944370689 

On 3 August Quantexa finally produced its overdue accounts for y/e March 2022 (yes twenty two) audited only 3 weeks earlier. The results look rather "weak" - to use a neutral word.

14 August Chief Operating Officer resigns as Director, and Auditors confirm to CLCL that they have commenced investigation. 

Where will it end? 

The Directors are all guilty of criminal offences under the Companies Act 2006. 
Colin Bell, CEO of HSBC Bank plc, has been a director at all relevant times. 

                               UNICORN: "... A  SYMBOL OF FANTASY...."


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