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Algenuity Limited

12456594

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

EDEN LABORATORY BROADMEAD ROAD, BEDFORD, MK43 9ND
Incorporated 11/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology

Officers

Dr Andrew Pearce Spicer

director · Since 11/06/2020

CHIEF EXECUTIVE OFFICER

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mr Stephen Jonathan Spicer

director · Since 11/06/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Algenuity Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

Eden Laboratory, Broadmead Road, Bedford, MK43 9ND

Reg: 12683430 · The Registrar Of Companies For England And Wales · Private Limited Company

Notified 02/07/2020

Former PSCs

Spicer Consulting Limited

Ceased 02/07/2020

CompanyRankvs 22980+ SIC 72110 peers
42

Financial strength2th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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.

Longevity6/15 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 31/12/2024

Net Worth

-£3.7M

Balance sheet strength

Cash

£72k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£210k

Current Liabilities

£217k

Fixed Assets

£265k

Debtors

£138k

10avg. employees-6

Tax at Year End(2023)

VAT£3k

Balance Sheet

Assets less current liabilities£258k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.97-£980k
20231.02-£2.0M£61k
20226.92-£867k£61k
20213.93-£147k£695k
20201.17

Derived from filed accounts. Not audited figures.