Transition Bio Limited
12747523
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 15/07/2025
Due 29/07/2026
Industry
Officers
Former
director · Resigned 16/09/2022
director · Resigned 19/09/2022
director · Resigned 20/09/2022
director · Resigned 18/10/2022
director · Resigned 31/05/2023
director · Resigned 30/04/2026
Persons with Significant Control
Former PSCs
Professor Tuomas Pertti Jonathan Knowles
Ceased 16/07/2020
David Weitz
Ceased 16/07/2020
Change History
Active
Private Limited Company
EASTBROOK
CAMBRIDGE
CompanyRankvs 2425+ SIC 72110 peers38
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£18.5M
Balance sheet strength
Cash
£27k
Cash in the bank
Net Current Assets
-£21.9M
Working capital
Current Assets
£1.3M
Current Liabilities
£23.2M
Fixed Assets
£3.3M
Debtors
£1.3M
Profit After Tax
-£5.3M
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.06 | -£7.3M |
| 2023 | 0.12 | -£9.9M |
| 2021 | 0.28 | — |
Derived from filed accounts. Not audited figures.