Exonate Limited
08803638
Some Concerns
- 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
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 05/12/2025
Due 19/12/2026
Industry
Officers
director · Since 30/01/2014
INDEPENDENT BIOTECHNOLOGY CONSULTANT
BRITISH · UNITED KINGDOM · Age 69
Also on 4 other boards
director · Since 10/06/2014
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 1 other board
director · Since 28/09/2015
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 2 other boards
director · Since 13/05/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 3 other boards
Olav Hellebo
director · Since 18/06/2026
NORWEGIAN · ENGLAND · Age 61
Former
director · Resigned 18/06/2026
CompanyRankvs 334+ SIC 21100 peers42
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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
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material Uncertainty Related to Going Concern We draw attention to Note 1.2 in the financial statements, which indicates that the Company is dependent on securing future funding from investors or external parties in order to continu
Key FinancialsYear ending 31/12/2024
Net Worth
-£5.6M
Balance sheet strength
Cash
£1.1M
Cash in the bank
Profit Before Tax
-£1.7M
Bottom line earnings
Net Current Assets
£737k
Working capital
Current Assets
£1.2M
Current Liabilities
£484k
Fixed Assets
£1k
Debtors
£113k
Admin Expenses
£1.3M
Profit After Tax
-£1.6M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.52 | -£1.6M |
| 2023 | 7.46 | — |
Derived from filed accounts. Not audited figures.