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Open Bionics Ltd

09001817

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

PROGRAMME, BRISTOL, BS1 2NB
Incorporated 17/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74100
Specialised design activities

Officers

Mr Joel Gibbard

director · Since 17/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Ms Samantha Joanne Payne

director · Since 07/10/2016

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 35

Also on 1 other board

Mr Nicholas James Humphreys Hall Fca

director · Since 09/01/2017

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 80

Also on 6 other boards

Mr Andrew Bloxam

director · Since 07/01/2019

SENIOR INVESTMENT MANAGER

BRITISH · ENGLAND · Age 48

Mr Hugh Miller Herr

director · Since 31/05/2023

PROFESSOR

AMERICAN · UNITED STATES · Age 61

Mr Michael Geoffrey Lewis

director · Since 14/09/2023

UNIVERSITY PROFESSOR

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Former PSCs

Mr Joel Gibbard

Ceased 27/01/2022

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/09/2024Registered 03/10/2024
Charge
satisfied

SPRK CAPITAL LIMITED

Created 08/05/2024Registered 09/05/2024Satisfied 14/10/2024

CompanyRankvs 523+ SIC 74100 peers
77

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.06× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 pts

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

Longevity12/15 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 31/12/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£190k

Cash in the bank

Net Current Assets

£2.4M

Working capital

Current Assets

£3.6M

Current Liabilities

£1.2M

Fixed Assets

£116k

Debtors

£3.0M

33avg. employees

Tax at Year End(2019)

VAT£9k

Director Loans

Company owes directors£101
Directors owe company£211

Balance Sheet

Assets less current liabilities£2.5M
Signed by Mr Joel Gibbard 26 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.06+£0
20243.06-£152k
20233.79-£506k
20223.90+£1.7M
20211.85-£1.2M
20204.16-£1.4M
20199.12£181k

Derived from filed accounts. Not audited figures.