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Insmed Innovation Uk Ltd

10934416

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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

B960 BUILDING, CAMBRIDGE, CB22 3FH
Incorporated 25/08/2017

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/09/2025

Due 16/09/2026

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Thomas Daniel Heightman

director · Since 20/09/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Mr Mayank Jain

director · Since 31/01/2026

INDIAN · SWITZERLAND · Age 41

Persons with Significant Control

Insmed Incorporated

75–100% shares

700, Us Highway 202/206, Bridgewater

Notified 30/06/2023

Former PSCs

Prof Stephen Philip Jackson

Ceased 11/12/2020

Ahren Innovation Capital Holding Limited

Ceased 19/07/2018

Ahren Lp

Ceased 19/08/2019

Ahren Innovation Capital Guernsey (Gp) Limited, In Its Capacity As General Partner Of Ahren Lp.

Ceased 19/08/2019

Ahren Innovation Capital Llp

Ceased 30/06/2023

Charges2 outstanding

Charge
outstanding

ORBIMED ROYALTY & CREDIT OPPORTUNITIES IV, LP

Created 22/02/2024Registered 06/03/2024
Charge
outstanding

BIOPHARMA CREDIT PLC, AS COLLATERAL AGENT

Created 22/02/2024Registered 01/03/2024

CompanyRankvs 412+ SIC 72110 peers
59

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.61× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees14/15 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

been prepared in accordance with IFRS as adopted by the UK , subject to any material departures disclosed and explained in the financial statements; ∙ assess the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and ∙ use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations, or

Key FinancialsYear ending 31/12/2021

Turnover

£1.9M

Annual revenue

Net Worth

£5.7M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£972k

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£13.6M

Current Liabilities

£8.4M

Admin Expenses

£1.5M

Operating Profit

-£966k

Profit After Tax

-£972k

17avg. employees+11

People Costs

Wages & salaries£968k

Balance Sheet

Total assets£14.1M
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20211.61-£1.3M
2020139.61+£6.4M
201942.38+£387k

Derived from filed accounts. Not audited figures.