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Phycobloom Ltd.

12327786

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 130 WESTBOURNE STUDIOS, LONDON, W10 5JJ
Incorporated 21/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20140
Manufacture of other organic basic chemicals

Officers

Mr Ian Hu

director · Since 21/11/2019

DIRECTOR

TAIWANESE · ENGLAND · Age 36

Mr John Christopher Waite

director · Since 21/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 33

Mrs Philippa Jane Churchill Gawley

director · Since 10/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 50

Mr James Trevor Woodger

director · Since 30/04/2026

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

Mr John Christopher Waite

25–50% shares
25–50% votes

British · England · Age 33

Unit 130, Westbourne Studios, London, W10 5JJ

Notified 21/11/2019

Mr Ian Hu

25–50% shares
25–50% votes

Taiwanese · England · Age 36

Unit 130, Westbourne Studios, London, W10 5JJ

Notified 21/11/2019

Charges1 outstanding

Charge
outstanding

HSBC INNOVATION BANKING

Created 11/08/2023Registered 18/08/2023
Charge
satisfied

SILICON VALLEY BANK UK LIMITED

Created 03/10/2022Registered 06/10/2022Satisfied 23/08/2023

CompanyRankvs 30+ SIC 20140 peers
58

Financial strength89th percentile among SIC peers · 22/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.61× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 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 30/11/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£302k

Cash in the bank

Net Current Assets

£496k

Working capital

Current Assets

£633k

Current Liabilities

£137k

Fixed Assets

£2.2M

Debtors

£332k

13avg. employees+4

Balance Sheet

Assets less current liabilities£2.7M
Signed by Mr J Waite 25/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.61-£63k
20231.76+£1.2M
20221.44+£371k
202129.72-£118k
20202.21

Derived from filed accounts. Not audited figures.