Magnitude Biosciences Limited
11579884
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/02/2022
NON EXECUTIVE DIRECTOR
BRITISH · UNITED KINGDOM · Age 68
director · Since 03/10/2022
CHIEF EXECUTIVE
BRITISH · UNITED KINGDOM · Age 44
Also on 1 other board
director · Since 01/07/2025
NON EXECUTIVE DIRECTOR
BRITISH · SCOTLAND · Age 51
Also on 2 other boards
Persons with Significant Control
The Noth East (Erdf) Innovation Fund Limited Partnership
Northstar Ventures, Maybrook House, 27-35 Grainger Street, Newcastle Upon Tyne, NE1 5JE
Notified 19/09/2019
Former PSCs
Dr David Weinkove
Ceased 30/11/2018
Treerunner Holdings Limited
Ceased 31/03/2025
CompanyRankvs 1224+ SIC 72110 peers62
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 28/02/2025
Net Worth
£42k
Balance sheet strength
Cash
£159k
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£337k
Current Liabilities
£339k
Fixed Assets
£45k
Debtors
£178k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.99 | -£259k |
| 2024 | 4.12 | +£55k |
| 2023 | 4.57 | +£62k |
| 2022 | 10.32 | -£75k |
| 2021 | 38.34 | +£110k |
| 2020 | 6.98 | — |
Derived from filed accounts. Not audited figures.