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Relation Therapeutics Limited

12305953

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

REGENTS PLACE, LONDON, NW1 3BG
Incorporated 08/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology

Officers

Ms Christine Mary Aylward

director · Since 28/07/2021

BUSINESS EXECUTIVE

AMERICAN · UNITED STATES · Age 58

Mr Casey Benjamin Swerner

director · Since 07/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

David Roblin

director · Since 22/02/2023

BUSINESS EXECUTIVE

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Former PSCs

Mr Gregory Bailey

Ceased 31/08/2020

Juvenscence Data Science Limited

Ceased 28/07/2021

CompanyRankvs 1143+ SIC 72110 peers
64

Financial strength84th percentile among SIC peers · 21/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 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.

Liquidity6/20 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 31/12/2023

Net Worth

£208k

Balance sheet strength

Cash

£688k

Cash in the bank

Net Current Assets

-£2.4M

Working capital

Current Assets

£3.6M

Current Liabilities

£5.9M

Fixed Assets

£2.6M

Debtors

£2.9M

43avg. employees+37

Balance Sheet

Assets less current liabilities£208k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.60+£858k
20201.18

Derived from filed accounts. Not audited figures.