THALIA THERAPEUTICS PLC
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Cash
£1.1m
+72.4% highest in 3 filed years
Net assets
£1.1m
+64.3% vs 2024
Employees
3
-25% lowest in 3 filed years
Profit before tax
-£1.2m
+4.6% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
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Insolvency history on file
Companies House holds prior insolvency events for this company. Detail and outcome on the official register.
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Material uncertainty over going concern
As stated in the respective disclosures, these conditions along with the other matters set out in those disclosures, indicate that a material uncertainty exists that may cast significant doubt on the Group's and the Company's ability to continue as a going concern.
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Going-concern uncertainty disclosed
Net assets
3-year trend · vs Technology 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 | £1,953 | £7,282 | £7,264 | -0.2% | |
| Operating profit | — | -£1,221,101 | -£1,165,221 | +4.6% | |
| Profit before tax | -£1,424,594 | -£1,221,101 | -£1,165,221 | +4.6% | |
| Net profit | -£1,276,778 | -£1,119,989 | -£1,208,214 | -7.9% | |
| Cash | £1,027,112 | £625,972 | £1,079,307 | +72.4% | |
| Total assets less current liabilities | £1,193,641 | £651,402 | £1,070,526 | +64.3% | |
| Net assets | £1,193,641 | £651,402 | £1,070,526 | +64.3% | |
| Equity | £1,193,641 | £651,402 | £1,070,526 | +64.3% | |
| Average employees | 5 | 4 | 3 | -25% | |
| Wages | £214,000 | £207,467 | £220,058 | +6.1% | |
| Directors' remuneration | £214,000 | £208,017 | £232,896 | +12% |
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 | — | -187.5% | -108.8% | |
| Gearing (liabilities / total assets) | 6.4% | 16.0% | 8.4% | |
| Current ratio | 14.86x | 6.24x | 11.93x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 4 times since incorporation — the current trading name was adopted 2026-03-17
- THALIA THERAPEUTICS PLC 2026-03-17 → present
- N4 PHARMA PLC 2017-05-02 → 2026-03-17
- ONZIMA VENTURES PLC 2015-10-14 → 2017-05-02
- ULTIMA NETWORKS PLC 1998-04-14 → 2015-10-14
- MICROVITEC PUBLIC LIMITED COMPANY 1979-07-06 → 1998-04-14
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Gravita Audit II Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As stated in the respective disclosures, these conditions along with the other matters set out in those disclosures, indicate that a material uncertainty exists that may cast significant doubt on the Group's and the Company's ability to continue as a going concern.”
Group structure
- THALIA THERAPEUTICS PLC · parent
- N4 Pharma UK Limited 100%
- Nanogenics Limited 71.21%
Significant events
- “Nigel Theobald resigned on 24 February 2026 with his share options remaining in place.”
- “Dr David H Solomon was appointed Chief Executive Officer on 24 February 2026.”
- “The Company changed its name from N4 Pharma Plc to Thalia Therapeutics Plc on 18 March 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 34 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARBER, Ben | Secretary | 2025-06-02 | — | — |
| BRITTEN, Christopher Jonathan | Director | 2019-05-20 | May 1967 | British |
| CAIRNS, Luke Sebastian | Director | 2015-10-14 | May 1978 | British |
| PALFREYMAN, Michael Gavin, Dr | Director | 2024-09-09 | Sep 1945 | American |
| SMITH, David Alastair Maclaughlin, Dr | Director | 2025-01-08 | Oct 1966 | British |
| SOLOMON, David Horn, Dr | Director | 2026-02-24 | Oct 1960 | Canadian |
| WARDLE, Edward James Norman | Director | 2025-07-08 | May 1991 | British |
Show 34 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRON, Peter John | Secretary | 2001-11-23 | 2004-03-04 |
| BROOKS, Barry | Secretary | 1994-05-04 | 2001-02-12 |
| IMAM, Norren | Secretary | 2013-10-16 | 2015-02-27 |
| KLEIN, Anthony Philip | Secretary | 2015-02-27 | 2015-10-14 |
| LAWLER, Geoffrey James | Secretary | 2001-02-12 | 2001-05-31 |
| NUTTALL, David | Secretary | 2008-07-28 | 2013-10-16 |
| PIPER, Robert Jeffrey | Secretary | 2004-03-05 | 2008-07-28 |
| SAMPSON, Anthony Brian | Secretary | — | 1994-05-04 |
| LORRAINE YOUNG COMPANY SECRETARIES LIMITED | Corporate Secretary | 2015-10-14 | 2019-02-19 |
| SGH COMPANY SECRETARIES LIMITED | Corporate Secretary | 2019-02-19 | 2025-06-02 |
| ADAMS, Robert William | Director | — | 1993-01-30 |
| AITKEN, Alan, Dr | Director | 1995-06-27 | 2002-06-19 |
| BAILEY, James Malcolm | Director | — | 1998-12-31 |
| BARRON, Peter John | Director | — | 2014-12-01 |
| BEARPARK, Richard Mosely | Director | 2007-10-01 | 2009-01-31 |
| BROOKS, Barry | Director | 1995-06-27 | 2001-02-12 |
| BURNELL, Gavin John | Director | 2015-10-14 | 2017-05-03 |
| CHIPLIN, John | Director | 2019-05-20 | 2023-08-01 |
| COOKE, Michael Gordon | Director | — | 1992-12-31 |
| HUSSAIN, Ali | Director | 1998-04-14 | 1998-06-25 |
| KLEIN, Anthony Philip | Director | 2008-07-29 | 2015-10-14 |
| LAWLER, Geoffrey James | Director | 1999-07-23 | 2001-05-31 |
| MARTINEZ-PEREZ, Juan Jose | Director | — | 1994-04-14 |
| MUGHAL, Humayun Akhter, Professor | Director | 1998-11-24 | 2017-05-03 |
| PICKARD, Geoff | Director | 1998-12-15 | 2001-02-12 |
| PIPER, Robert Jeffrey | Director | 2004-10-26 | 2008-07-28 |
| ROE, James Kenneth | Director | 1993-06-01 | 1997-11-26 |
| SAMPSON, Anthony Brian | Director | — | 1998-04-16 |
| SWAN, Stephen Paul | Director | 1998-11-24 | 1999-05-28 |
| TEMPLETON, David, Dr | Director | 2017-05-03 | 2025-01-08 |
| THEOBALD, Nigel James | Director | 2017-05-03 | 2026-02-24 |
| THOMS, Peter Young | Director | 2002-04-29 | 2007-07-24 |
| TITLEY, Paul Charlton | Director | 2017-05-03 | 2019-05-20 |
| TURI, Matteo | Director | 2011-04-01 | 2011-07-06 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 449 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-29 RESOLUTIONS Resolution
- 2026-03-17 CERTNM Certificate change of name company PDF
- 2025-07-07 RESOLUTIONS Resolution
- 2025-04-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-29 | SH01 | capital | Capital allotment shares | |
| 2026-07-29 | RESOLUTIONS | resolution | Resolution | |
| 2026-07-26 | SH01 | capital | Capital allotment shares | |
| 2026-07-09 | AA | accounts | Accounts with accounts type group | |
| 2026-04-29 | CH01 | officers | Change person director company with change date | |
| 2026-04-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-27 | CH01 | officers | Change person director company with change date | |
| 2026-04-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-17 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-07 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-19 | AA | accounts | Accounts with accounts type group | |
| 2025-06-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-06-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-06-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-01 | SH01 | capital | Capital allotment shares | |
| 2025-04-29 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 3
- Officers appointed
- 1
- Officers resigned
- 1
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.