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Synthace Limited

07652459

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

WEST WORKS, 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: 22/05/2025

Due 05/06/2026

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

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

CompanyRankvs 2225+ SIC 72110 peers
29

Financial strength1th percentile among SIC peers · 0/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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 compliance15/15 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-£10.0M
202211.90+£15.8M
20213.41-£9.4M
202010.34-£8.7M
201917.76+£22.6M
20186.18

Derived from filed accounts. Not audited figures.