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Pangaea Biosciences Ltd

08274925

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

ST JOHN'S INNOVATION CENTRE, CAMBRIDGE, CB4 0WS
Incorporated 31/10/2012

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Mr Nicholas Anthony Gooch

director · Since 31/10/2012

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 12 other boards

Persons with Significant Control

Mr Nicholas Anthony Gooch

75–100% shares
75–100% votes

British · England · Age 66

St John's Innovation Centre, Cowley Road, Cambridge, CB4 0WS

Notified 13/01/2025

Former PSCs

Mr Nicholas Anthony Gooch

Ceased 18/06/2024

Charges3 outstanding

Charge
outstanding

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Created 19/01/2024Registered 19/01/2024
Charge
outstanding

REGENCY TRADE FINANCE LIMITED

Created 21/11/2023Registered 24/11/2023
Charge
outstanding

QF HOLDINGS NW LIMITED

Created 21/11/2023Registered 23/11/2023
Charge
satisfied

A1T1 LTD

Created 22/03/2021Registered 07/04/2021Satisfied 01/03/2023

CompanyRankvs 1209+ SIC 72110 peers
48

Financial strength53th percentile among SIC peers · 13/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength13/25 pts

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

Employees14/15 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.

Longevity14/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£1k

Balance sheet strength

Cash

£309k

Cash in the bank

Net Current Assets

-£7.2M

Working capital

Current Assets

£1.6M

Current Liabilities

£8.9M

Fixed Assets

£20.2M

Debtors

£1.3M

Profit After Tax

-£1.6M

8avg. employees

Balance Sheet

Intangible assets£20.2M
Assets less current liabilities£13.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18
20230.12-£917k
20220.10-£1.1M
20210.06+£5.4M
20200.11+£12.7M
20190.26-£2.8M
20180.01

Derived from filed accounts. Not audited figures.