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Ground Truth Labs Ltd

12339676

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

125 WOOD STREET, LONDON, EC2V 7AW
Incorporated 28/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology

Officers

Alan Aberdeen

director · Since 28/11/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Professor Jens Rittscher

director · Since 28/11/2019

COMPANY DIRECTOR

GERMAN · UNITED KINGDOM · Age 56

Also on 1 other board

Korsuk Sirinukunwattana

director · Since 28/11/2019

COMPANY DIRECTOR

THAI · UNITED KINGDOM · Age 38

Mr Joel Schoppig

director · Since 19/02/2025

INVESTOR

SWISS · UNITED KINGDOM · Age 40

Also on 1 other board

Vincent Fert

director · Since 27/04/2026

FRENCH · FRANCE · Age 67

Persons with Significant Control

Oxford Science Enterprises Plc

25–50% shares
25–50% votes

46, Woodstock Road, Oxford, OX2 6HT

Reg: 09093331 · Companies House · Corporate

Notified 09/01/2023

Former PSCs

Alan Aberdeen

Ceased 09/01/2023

Korsuk Sirinukunwattana

Ceased 09/01/2023

CompanyRankvs 226+ SIC 72110 peers
80

Financial strength95th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 27.98× · 20/20
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 strength24/25 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£1.9M

Current Liabilities

£69k

Fixed Assets

£17k

Debtors

£227k

12avg. employees+8

Balance Sheet

Assets less current liabilities£1.9M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202427.98-£854k
202319.23+£2.6M
20220.27+£22k
20210.48+£47k
202016.02

Derived from filed accounts. Not audited figures.