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Biome Algae Ltd

11399444

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

WESTRIDGE HOUSE, TOTNES, TQ9 6EW
Incorporated 05/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

03210
Marine aquaculture

Officers

Dr. Angela Mead

director · Since 05/06/2018

CHIEF EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Persons with Significant Control

Climacina Ltd

75–100% shares
75–100% votes

Westridge House, Harberton, Totnes, TQ9 6EW

Reg: 14344545 · Uk Register Of Companies · Private Limited Company By Shares

Notified 08/09/2022

Former PSCs

Dr. Angela Mead

Ceased 08/09/2022

Charges1 outstanding

Charge
outstanding

MALCOM HUNTER PRESTON

Created 24/05/2023Registered 31/05/2023

CompanyRankvs 173+ SIC 03210 peers
29

Financial strength1th percentile among SIC peers · 0/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 pts

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

Longevity8/15 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 30/09/2024

Net Worth

-£883k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£633k

Working capital

Current Assets

£64k

Current Liabilities

£697k

Fixed Assets

£159k

Debtors

£36k

5avg. employees-2

Director Loans

Company owes directors£4k

Balance Sheet

Assets less current liabilities-£474k
Signed by A Mead 25/11/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09-£276k
20230.31-£300k
20224.35-£211k
20210.70

Derived from filed accounts. Not audited figures.