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Granular Therapeutics Limited

10650696

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

C/O KRESTON REEVES LLP INNOVATION HOUSE, SANDWICH, CT13 9FF
Incorporated 03/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology

Officers

Dr Thibaud Portal

director · Since 01/02/2023

CEO

FRENCH · SWITZERLAND · Age 55

Persons with Significant Control

Former PSCs

Dr James Edward Coleman

Ceased 06/04/2017

Dr William James Jonathan Finlay

Ceased 06/04/2017

CompanyRankvs 2237+ SIC 72110 peers
43

Financial strength5th percentile among SIC peers · 1/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

-£530k

Balance sheet strength

Cash

£251k

Cash in the bank

Net Current Assets

-£548k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.6M

Fixed Assets

£386

Debtors

£849k

Profit After Tax

-£1.6M

4avg. employees

People Costs

Wages & salaries£90k
NI contributions£2k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.67-£5.0M
2020180.51+£4.4M
201919.25-£132k
201810.93

Derived from filed accounts. Not audited figures.