Back to search

Develrx Limited

12028847

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

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

17 QUEENS LANE, NEWCASTLE UPON TYNE, NE1 1RN
Incorporated 03/06/2019

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/06/2025

Due 16/06/2026

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Dr David John Heal

director · Since 03/06/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Dr Sharon Lesley Smith

director · Since 29/10/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Dr David John Heal

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

British · United Kingdom · Age 76

Develrx Ltd, Biocity Nottingham, Nottingham, NG1 1GF

Notified 03/06/2019

CompanyRankvs 294+ SIC 72110 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 24.99× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.1M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.1M

Current Liabilities

£45k

Fixed Assets

£1k

4avg. employees+1

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
202524.99+£208k
202413.11+£161k
20239.87+£275k
20223.21+£236k
20211.89+£188k
20201.28

Derived from filed accounts. Not audited figures.