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Xap Therapeutics Limited

10613866

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

BABRAHAM RESEARCH CAMPUS, CAMBRIDGE, CB22 3AT
Incorporated 10/02/2017

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/02/2026

Due 23/02/2027

On track

Industry

64303
Activities of venture and development capital companies

Officers

Shaun Patrick Foy

director · Since 10/02/2017

ENTREPRENEUR

CANADIAN · UNITED KINGDOM · Age 56

Mr Simeon John George

director · Since 05/09/2017

VENTURE CAPITAL

BRITISH,AMERICAN · UNITED STATES · Age 49

Also on 1 other board

Dr Rodger Novak

director · Since 27/04/2020

COMPANY DIRECTOR

GERMAN · SWITZERLAND · Age 59

Also on 1 other board

Mrs Josephine Angela Stevens

secretary · Since 19/07/2022

Mr Mahesh Kudari

director · Since 06/08/2025

INVESTMENT PROFESSIONAL

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Former PSCs

Shaun Patrick Foy

Ceased 19/04/2021

Mr Rodger Novak

Ceased 19/04/2021

Glaxosmithkline Finance Plc

Ceased 17/09/2020

Charges2 outstanding

Charge
outstanding

SR ONE CAPITAL FUND I AGGREGATOR, LP

Created 10/06/2025Registered 19/06/2025
Charge
outstanding

HSBC INNOVATION BANKING

Created 16/08/2023Registered 22/08/2023
Charge
satisfied

SILICON VALLEY BANK

Created 22/09/2020Registered 02/10/2020Satisfied 23/08/2023

CompanyRankvs 976+ SIC 64303 peers
40

Financial strength3th percentile among SIC peers · 1/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 3.89× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 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.

Longevity9/15 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 31/12/2019

Net Worth

-£206k

Balance sheet strength

Cash

£205k

Cash in the bank

Net Current Assets

£173k

Working capital

Current Assets

£233k

Current Liabilities

£60k

Debtors

£28k

Profit After Tax

-£99k

0avg. employees

Balance Sheet

Assets less current liabilities£173k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20193.89-£99k
20195.75

Derived from filed accounts. Not audited figures.