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Eterna Biologics Ltd

15567990

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

3RD FLOOR, ALTRINCHAM, WA14 2DT
Incorporated 16/03/2024

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/04/2026

Due 02/05/2027

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Oakwood Corporate Secretary Limited

secretary · Since 16/03/2024

BRITISH

Also on 2749 other boards

Dr. Daniel Mark Fountain

director · Since 16/03/2024

RESEARCHER

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Dr Muhammad Hanifi

director · Since 16/03/2024

RESEARCHER

INDONESIAN · UNITED KINGDOM · Age 32

Also on 1 other board

Tatjana Sauka Spengler

director · Since 16/03/2024

PROFESSOR

FRENCH · UNITED STATES · Age 55

Persons with Significant Control

Tatjana Sauka Spengler

Significant control

French · United States · Age 55

3rd Floor, 1 Ashley Road, Altrincham, WA14 2DT

Notified 16/03/2024

Dr. Daniel Mark Fountain

Significant control

British · United Kingdom · Age 38

3rd Floor, 1 Ashley Road, Altrincham, WA14 2DT

Notified 16/03/2024

Dr Muhammad Hanifi

25–50% shares
25–50% votes

Indonesian · United Kingdom · Age 32

3rd Floor, 1 Ashley Road, Altrincham, WA14 2DT

Notified 16/03/2024

CompanyRankvs 2777+ SIC 72110 peers
24

Financial strength8th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.48× · 12/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity2/15 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

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

Going Concern Doubt

Company’s operational runway. The successful completion of these fundraising activities represents a material uncertainty that may cast significant doubt on Eterna Biologics’ ability to continue as a going concern. Nevertheless, taking into account the progress of current funding discussions, historical success in securing external support, and the Company's ability to adapt expenditure as require

Key FinancialsYear ending 31/03/2025

Net Worth

-£144k

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£56k

Current Liabilities

£38k

Debtors

£8k

0avg. employees
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.48+£0
20251.48

Derived from filed accounts. Not audited figures.