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Lightcast Discovery Ltd

11830666

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

BROERS BUILDING, CAMBRIDGE, CB3 0FA
Incorporated 15/02/2019

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/02/2026

Due 28/02/2027

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Matthew Frohn

director · Since 15/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 3 other boards

Dr Paul William Loeffen

director · Since 07/08/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr. Keith Crandell

director · Since 12/03/2021

INVESTMENTS

AMERICAN · UNITED STATES · Age 66

Mr. Wouter Roeland Andre Meuleman

director · Since 12/03/2021

PARTNER

BELGIAN · UNITED STATES · Age 51

Kevin Knopp

director · Since 17/08/2021

CEO

AMERICAN · UNITED STATES · Age 53

Mr Christian Daniel Uhrich

director · Since 30/12/2022

INVESTOR VC

AMERICAN,GERMAN · GERMANY · Age 40

Kevin Hrusovsky

director · Since 26/07/2023

BOARD MEMBER

AMERICAN · UNITED STATES · Age 65

Ms Justine Brain

secretary · Since 25/07/2024

Mr Philip Binns

director · Since 01/05/2025

DIRECTOR

AUSTRALIAN · AUSTRALIA · Age 64

CompanyRankvs 140+ SIC 72110 peers
72

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 15.07× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees15/15 pts

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

Liquidity20/20 pts

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

Longevity7/15 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

are reliant upon significant sales growth as the Group enters its commercial phase, these give rise to a material uncertainty which may cast significant doubt on its ability to continue as a going concern. However, based upon historic trends of investor support and actions planned by management, they believe it remains appropriate to prepare the financial statements on the going concern b

Key FinancialsYear ending 31/12/2024

Net Worth

£22.6M

Balance sheet strength

Cash

£16.3M

Cash in the bank

Net Current Assets

£22.2M

Working capital

Current Assets

£23.7M

Current Liabilities

£1.6M

Fixed Assets

£891k

Debtors

£6.1M

Profit After Tax

-£17.1M

91avg. employees+91

Balance Sheet

Assets less current liabilities£23.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202415.07+£6.9M
20237.64-£12.0M
202214.46+£0
202214.46+£20.7M
20218.09

Derived from filed accounts. Not audited figures.