SOURCE BIOSCIENCE LIMITED
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Cash
£1.5m
-42% lowest in 3 filed years
Net assets
£20m
+0.2% vs 2024
Employees
2
0% vs 2024
Profit before tax
-£12k
+93.6% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | -£6,000 | -£17,000 | -£21,000 | -23.5% | |
| Profit before tax | £19,990,000 | -£187,000 | -£12,000 | +93.6% | |
| Net profit | £19,990,000 | -£187,000 | -£82,000 | +56.1% | |
| Cash | £31,071,000 | £2,623,000 | £1,522,000 | -42% | |
| Total assets less current liabilities | £24,027,000 | £20,223,000 | £20,267,000 | +0.2% | |
| Net assets | £20,283,000 | £20,223,000 | £20,267,000 | +0.2% | |
| Equity | £20,283,000 | £20,223,000 | £20,267,000 | +0.2% | |
| Average employees | 2 | 2 | 2 | 0% | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Return on capital employed | -0.0% | -0.1% | -0.1% | |
| Gearing (liabilities / total assets) | 74.2% | 66.6% | 66.5% | |
| Current ratio | 0.58x | 0.26x | 0.25x | |
| Interest cover | -0.01x | -0.03x | -0.50x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 5 times since incorporation
- SOURCE BIOSCIENCE LIMITED 2017-08-08 → present
- SOURCE BIOSCIENCE PLC 2008-03-10 → 2017-08-08
- MEDICAL SOLUTIONS PLC 1999-08-23 → 2008-03-10
- TURNPYKE GROUP PLC 1993-10-29 → 1999-08-23
- W B INDUSTRIES PLC 1986-09-23 → 1993-10-29
- WEST BROMWICH SPRING PLC(THE) 1903-11-14 → 1986-09-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- SOURCE BIOSCIENCE LIMITED · parent
- Source BioScience UK Limited 100%
- Select Pharma Laboratories Ltd. 100%
- Fairfield Imaging Limited 100%
- Cryobank Guarantor Limited 100%
- SourceBio International, Inc 100%
- Source Genomics Limited 100%
- LDPath Limited 100%
- Cambridge Clinical Laboratories Ltd 100%
Significant events
- “During the year, the following companies were liquidated: Source Bioscience (Orchard Place) Limited, Kinetic Imaging Limited, Source Bioscience Scotland Limited, Source Bioscience (Cryobank) Limited and Fairfield Telepathology Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 44 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARLOW, Amanda Louise | Director | 2023-09-27 | Aug 1973 | British |
| LECOQUE, Jay Charles | Director | 2016-11-24 | Nov 1962 | American |
Show 44 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASH, Nicholas Watson, Dr | Secretary | 2006-08-31 | 2017-05-12 |
| ASTLE, Michael John | Secretary | 2017-05-12 | 2017-10-05 |
| CATER, Eric John | Secretary | 1998-12-14 | 2000-08-31 |
| GILLAMS, Charles Alfred Richard | Secretary | 1993-08-16 | 1993-10-04 |
| JOHNSTON, Neil Gerard, Dr | Secretary | 2005-01-14 | 2006-08-31 |
| LONGSTAFFE, Andrew David | Secretary | 2000-08-31 | 2005-01-18 |
| LUNN, Anthony John Mcgregor | Secretary | — | 1993-01-13 |
| PURDEN, Nigel Llewellyn | Secretary | 1993-10-04 | 1998-12-13 |
| ADAMS, Rodney Harry, Dr | Director | 2000-05-04 | 2003-01-21 |
| AGNEW, James Douglas | Director | 2017-04-27 | 2020-10-23 |
| ASH, Nicholas Watson, Dr | Director | 2006-08-31 | 2017-05-12 |
| BAKEWELL, Robert | Director | 2012-08-21 | 2014-09-04 |
| CATER, Eric John | Director | 1993-05-11 | 2000-08-31 |
| CHISHOLM, Iain Macdonald | Director | 2017-04-27 | 2018-01-02 |
| CLINCH, Noah, Dr | Director | 1999-08-23 | 2000-04-19 |
| ELLIS, Ian Ogilvie, Professor | Director | 2003-03-25 | 2004-12-21 |
| FODEN, Sue, Dr | Director | 2003-09-01 | 2015-08-31 |
| GIBBS, Somerset Bryan | Director | — | 1993-07-06 |
| GILLAMS, Charles Alfred Richard | Director | 1993-05-11 | 1999-02-04 |
| GRANDFIELD, Peter Barnet Whitworth | Director | — | 1994-06-08 |
| GREEN, Charles Alexander | Director | 1999-07-27 | 2006-08-31 |
| JACKSON-SMITH, Timothy David | Director | 2015-08-25 | 2016-09-15 |
| JOHNSTON, Neil Gerard, Dr | Director | 2005-01-14 | 2007-01-31 |
| KIRKHAM, David Michael | Director | 2021-06-16 | 2022-09-26 |
| LAMB, Ronald Hunter | Director | 1995-06-14 | 1996-07-31 |
| LEAVES, Nicholas Ivor, Dr. | Director | 2008-07-01 | 2017-05-12 |
| LIVERSIDGE, Pamela | Director | 2014-07-03 | 2016-09-15 |
| LONGSTAFFE, Andrew David | Director | 2000-05-04 | 2005-01-18 |
| MARLAND, Peter Greaves | Director | — | 1991-10-01 |
| MCDONALD, Anthony Michael | Director | 1999-08-23 | 2001-02-28 |
| METCALFE, Timothy Charles | Director | 2014-09-04 | 2017-05-12 |
| MITCHELL, Jonathan James | Director | — | 1993-07-09 |
| NOLAN, Trevor Frank | Director | 2018-01-09 | 2020-02-28 |
| PURDEN, Nigel Llewellyn | Director | 1995-05-15 | 1998-12-13 |
| RATCLIFFE, Anthony James | Director | 2020-11-17 | 2023-09-27 |
| ROBERTS, Gareth Gwyn, Professor Sir | Director | 1999-08-23 | 2007-02-01 |
| SEYMOUR, Donald Edwin | Director | 2000-06-21 | 2002-04-22 |
| SIKORA, Karol, Prof | Director | 2002-04-22 | 2008-03-10 |
| SLINGER, Robin | Director | 2005-01-19 | 2012-08-21 |
| THOMSON, Stephen George | Director | 1999-02-03 | 2000-04-19 |
| TURNBULL, Laurence Andrew | Director | 2006-11-23 | 2016-09-15 |
| TWOSE, Trevor Martin, Doctor | Director | 2000-11-17 | 2002-02-08 |
| WEAVER, Thomas Andrew, Dr | Director | 2007-07-03 | 2008-07-31 |
| WHEATCROFT, Russell Steven | Director | 2017-04-27 | 2021-06-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sourcebio International Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-09-20 | Active |
Filing timeline
Last 20 of 477 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-12-07 MA Memorandum articles
- 2022-12-07 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-31 | AA | accounts | Accounts with accounts type full | |
| 2026-06-02 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-05-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-01 | AA | accounts | Accounts with accounts type full | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-12 | AA | accounts | Accounts with accounts type full | |
| 2024-01-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-18 | MR05 | mortgage | Mortgage charge part both with charge number | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-10 | AA | accounts | Accounts with accounts type full | |
| 2023-05-17 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-01-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-01-09 | AD02 | address | Change sail address company with old address new address | |
| 2022-12-07 | MA | incorporation | Memorandum articles | |
| 2022-12-07 | RESOLUTIONS | resolution | Resolution | |
| 2022-11-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-09-26 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-01 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.