Trio Medicines Limited
05616306
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/01/2025
small
Next accounts due
31/10/2026
Confirmation statement
Last: 17/11/2025
Due 01/12/2026
Industry
Officers
director · Since 08/11/2005
DOCTOR
BRITISH · UNITED KINGDOM · Age 87
Also on 5 other boards
Persons with Significant Control
Dr Malcolm James Boyce
British · United Kingdom · Age 87
143 Holland Road, London, W14 8AS
Notified 17/11/2025
Former PSCs
Hammersmith Medicines Research Limited
Ceased 17/11/2025
CompanyRankvs 10182+ SIC 86900 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
the withdrawal of of the substantial funding previously received from Hammersmith Medicines Research Limited, there exists a material uncertainty regarding the company's ability to continue as a going concern. 1.3 Research and development expenditure Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the e
Key FinancialsYear ending 31/01/2025
Net Worth
£14.8M
Balance sheet strength
Cash
£21k
Cash in the bank
Net Current Assets
-£2.9M
Working capital
Current Assets
£67k
Current Liabilities
£3.0M
Debtors
£46k
Admin Expenses
£885k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.02 | +£0 |
| 2024 | 0.06 | +£0 |
| 2023 | 0.21 | — |
Derived from filed accounts. Not audited figures.