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Newcells Biotech Limited

09389592

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

11TH FLOOR LANDMARK ST PETER'S SQUARE, MANCHESTER, M1 4PB
Incorporated 15/01/2015

Compliance

Last accounts

31/01/2025

small

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 15/01/2026

Due 29/01/2027

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Professor Lyle Armstrong

director · Since 15/01/2015

CELL BIOLOGIST

BRITISH · UNITED KINGDOM · Age 61

Also on 1 other board

Dr Michael John Nicholds

director · Since 15/01/2015

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 66

Also on 6 other boards

Muckle Secretary Limited

secretary · Since 24/02/2017

BRITISH

Also on 217 other boards

Mr Terence William Pizzie

director · Since 01/09/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Dr Mark Carnegie-Brown

director · Since 26/11/2024

CHAIR

BRITISH · UNITED KINGDOM · Age 65

Also on 5 other boards

Mercia Fund Management (Nominees) Limited

director · Since 17/09/2025

BRITISH

Also on 109 other boards

Persons with Significant Control

North East Accelerator General Partner Limited

Significant control

Maybrook House, Grainger Street, Newcastle Upon Tyne, NE1 5JE

Reg: 07067080 · Companies House · Private Limited Company

Notified 06/04/2016

Northstar Ventures Limited

Significant control

Maybrook House, Grainger Street, Newcastle Upon Tyne, NE1 5JE

Reg: 05104995 · Companies House · Private Limited Company

Notified 06/04/2016

Mercia Fund Management Limited

Significant control

Forward House, 17 High Street, Henley-In-Arden, B95 5AA

Reg: 06973399 · Companies House · Limited By Shares

Notified 20/06/2018

Former PSCs

Professor Lyle Armstrong

Ceased 20/06/2018

Nvm Private Equity Llp

Ceased 20/06/2018

Charges1 outstanding

Charge
outstanding

ASSET ADVANTAGE LIMITED

Created 15/03/2022Registered 16/03/2022
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 24/02/2021Registered 24/02/2021Satisfied 02/04/2024

Insolvency History1 case

in administration

James Hichens (practitioner) · Christopher Petts (practitioner)

CompanyRankvs 6570+ SIC 72110 peers
46

Financial strength77th percentile among SIC peers · 19/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength19/25 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.

Liquidity16/20 pts

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

Longevity11/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

have provided to the Company, the directors are confident that any further support would be provided on suitable terms and do not believe that this represents a material uncertainty relating to going concern. Accordingly, the directors are satisfied that the company has access to sufficient funds for at least the next 12 months and have therefore prepared these financial statements on the go

Key FinancialsYear ending 31/01/2025

Net Worth

£73k

Balance sheet strength

Cash

£612k

Cash in the bank

Net Current Assets

£734k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.2M

Fixed Assets

£677k

Debtors

£990k

Profit After Tax

-£2.5M

47avg. employees+3

Balance Sheet

Intangible assets£7k
Bank loans & overdrafts£10k
Assets less current liabilities£1.4M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.61-£3.6M
20244.29+£2.9M
20234.78-£2.1M
20224.26-£2.1M
20215.30+£3.8M
20202.08
20194.24

Derived from filed accounts. Not audited figures.