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Synthace Limited

07652459

active
ltd
england wales
Companies House
Confirmation statement overdue
Health Score
55 / 100

Notable Risks

15/30
Filing
0/30
Financial
40/40
Risk
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

West Works, 195 Wood Lane, London, W12 7FQ
Incorporated 31/05/2011

Compliance

Last accounts

31/01/2025

group

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 22/05/2026

Due 05/06/2027

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Dr Markus Christian Gershater

director · Since 08/04/2019

CHIEF SCIENTIFIC OFFICER (CSO)

BRITISH · ENGLAND · Age 46

Mr Willem George Baralt

director · Since 28/02/2024

CHAIRMAN

DUTCH · UNITED KINGDOM · Age 57

Also on 4 other boards

Mr. Jacques Theurillat

director · Since 11/08/2025

PARTNER, DIRECTOR AND CHAIRMAN

SWISS · ITALY · Age 67

Markus Christian Gershater

director · Since 08/04/2019

British · England · Age 46

Willem George Baralt

director · Since 28/02/2024

Dutch · United Kingdom · Age 57

Jacques Theurillat

director · Since 11/08/2025

Swiss · Italy · Age 67

Former

Sami Mikati

director · Resigned 05/08/2017

Alexander Archibald Dobbie

director · Resigned 31/08/2017

Bill Liao

director · Resigned 04/12/2018

Sean Michael Ward

director · Resigned 01/02/2019

Josko Bobanovic

director · Resigned 04/12/2019

Jonathan Adam Malin

secretary · Resigned 16/06/2020

Isabel Fox

director · Resigned 04/12/2020

Timothy Stephen Fell

director · Resigned 24/05/2021

William Fu Wei Liao

director · Resigned 12/01/2022

Josko Bobanovic

director · Resigned 12/01/2022

Robert Peter Wiederhold

director · Resigned 17/02/2022

Donald Deieso

director · Resigned 03/05/2023

Thomas Henry Burt

director · Resigned 21/08/2023

Guy Levy-Yurista

director · Resigned 29/10/2024

Susan Patricia Shiff

director · Resigned 11/08/2025

Haorui "Patrick" Zhang

director · Resigned 11/08/2025

Persons with Significant Control

Sofinnova Crossover I Slp

25–50% shares
25–50% votes

7-11, Boulevard Haussmann, Paris, 75009

Reg: 838 046 035 · Registre Du Commerce Et Des Sociétés · Société De Libre Partenariat

Notified 11/08/2025

Former PSCs

Sofinnova Green Seed Fund

Ceased 21/09/2017

Change History

statusactive
2026-06-18

Active

typeltd
2026-06-18

Private Limited Company

address line1West Works
2026-06-18

WEST WORKS

post townLondon
2026-06-18

LONDON

CompanyRankvs 3252+ SIC 72110 peers
19

Financial strength1th percentile among SIC peers · 0/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceOne filing overdue · 5/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 pts

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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/01/2025

Net Worth

-£8.3M

Balance sheet strength

Cash

£440k

Cash in the bank

Profit Before Tax

-£10.3M

Bottom line earnings

Net Current Assets

-£5.0M

Working capital

Current Assets

£2.3M

Current Liabilities

£7.2M

Fixed Assets

£266k

Debtors

£1.9M

Cost of Sales

£771k

Admin Expenses

£11.6M

Profit After Tax

-£9.3M

1avg. employees

People Costs

Wages & salaries£6.1M

Balance Sheet

Assets less current liabilities-£4.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.31+£0
20250.31-£8.4M
20241.67-£10.3M
20234.21

Derived from filed accounts. Not audited figures.