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Magellan Life Sciences Limited

11417841

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

CANNON PLACE, LONDON, EC4N 6AF
Incorporated 15/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Dr Abhiram Dukkipati

director · Since 15/06/2018

BUSINESS EXECUTIVE

INDIAN · INDIA · Age 52

Ms Laxmi Shankar Wagle

director · Since 15/06/2018

BUSINESS EXECUTIVE

INDIAN · INDIA · Age 47

Mr Edouard Nuttin

director · Since 05/11/2020

GENERAL MANAGER

FRENCH · FRANCE · Age 40

Persons with Significant Control

Ms Laxmi Shankar Wagle

25–50% shares
25–50% votes
Appoint directors

Indian · India · Age 47

Bldg. 1 Block 10 A-Wing, Sanghmitra Ambekar Nagar, Mumbai

Notified 15/06/2018

Dr Abhiram Dukkipati

25–50% shares
25–50% votes
Appoint directors

Indian · India · Age 52

Bldg. 1 Block 10 A-Wing, Sanghmitra Ambekar Nagar, Mumbai

Notified 15/06/2018

CompanyRankvs 5851+ SIC 72190 peers
26

Financial strength5th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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5851Magellan Life Sciences Limited
35
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.

Employees10/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. These financial statements are presented in pound sterling which is the functional currency of the company. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2025

Net Worth

-£158k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£270k

Working capital

Current Assets

£52k

Current Liabilities

£323k

Fixed Assets

£112k

Debtors

£49k

2avg. employees

Balance Sheet

Intangible assets£70k
Assets less current liabilities-£158k
Signed by Ms Laxmi Wagle 7 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.16-£130k
20240.38-£123k
20230.66-£439k
2021385.14-£56k
2020458.25—

Derived from filed accounts. Not audited figures.