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Next accounts due

2027-09-30 (in 1y)

Last filed for 2025-12-31

Confirmation statement due

2026-05-16

Overdue

Watchouts

1 item

Cash

£53M

-53.3% vs 2024

Net assets

£164M

-18.3% vs 2024

Employees

183

+5.8% highest in 6 filed years

Profit before tax

£331M

+51.3% highest in 6 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

6-year trend · latest reflected 2025-12-31

Metric Trend 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Turnover £79,022,451£92,355,171£117,178,479£202,455,603£276,803,907£403,792,528
Operating profit £34,713,867£45,518,901£69,063,399£138,705,487£217,672,176£339,607,762
Profit before tax £33,369,681£45,701,138£73,302,810£136,566,115£219,057,011£331,372,037
Net profit £29,862,670£39,867,658£65,726,357£122,000,313£189,226,912£283,380,911
Cash £17,706,970£38,101,162£75,794,372£113,799,796£53,101,198
Total assets less current liabilities £230,571,197£198,088,690
Net assets £58,438,078£73,305,736£89,032,093£136,032,406£200,259,318£163,640,229
Equity £58,438,078£73,305,736£89,032,093£136,032,406£200,259,318£163,640,229
Average employees 142156157166173183
Wages £17,976,742£21,130,126
Directors' remuneration £1,301,156£954,757

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin 43.9%49.3%58.9%68.5%78.6%84.1%
Net margin 37.8%43.2%56.1%60.3%68.4%70.2%
Return on capital employed 94.4%171.4%
Gearing (liabilities / total assets) 30.5%28.1%21.5%27.9%
Current ratio 1.28x8.47x6.19x
Interest cover 24.46x80.50x45.26x118.13x32.89x

Margins divide P&L lines by turnover. 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 2 times since incorporation

  1. ASTEX THERAPEUTICS LIMITED 2005-06-27 → present
  2. ASTEX TECHNOLOGY LIMITED 1999-05-14 → 2005-06-27
  3. INTERCEDE 1426 LIMITED 1999-04-14 → 1999-05-14

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Standalone (parent only)
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

7 active · 33 resigned

Name Role Appointed Born Nationality
JONES, Neil Steven Secretary 2000-06-29 British
JONES, Michelle Ann, Dr Director 2025-10-01 Feb 1974 British
MCQUADE, Robert Dwyer, Dr. Director 2014-01-01 Mar 1957 American
NAKAMURA, Tsuyoshi Director 2025-10-01 Sep 1972 Japanese,American
PEREIRA, Brian Jude Gerard, Dr Director 2025-03-01 Oct 1958 American
SHIRATSUCHI, Takayuki, Dr Director 2025-03-01 Oct 1969 Japanese
SOLARI, Roberto Celeste Ercole, Dr Director 2025-03-01 Nov 1956 British,Italian
Show 33 resigned officers
Name Role Appointed Resigned
ABELL, James Foster Secretary 1999-05-18 2000-06-29
MITRE SECRETARIES LIMITED Corporate Nominee Secretary 1999-04-14 1999-05-18
ABELL, Christopher, Professor Director 1999-05-18 2000-06-29
ABELL, James Foster Director 1999-05-18 2000-06-29
ASTON, John Christopher Director 2007-04-30 2010-05-11
AZAB, Mohammad, Dr. Director 2014-01-01 2022-04-11
BLUNDELL, Thomas Leon, Sir Director 2014-01-01 2025-03-01
BLUNDELL, Thomas Leon, Professor Sir Director 1999-05-18 2011-07-20
BODNAR, Andrew, Dr Director 2014-01-01 2020-12-31
BUCKLAND, Robert Martin, Dr Director 2008-07-17 2014-01-01
BUNTING, Stephen William, Dr Director 1999-05-18 2011-07-20
BUSHARA, Leon Ramsey Director 2006-07-13 2008-01-16
CAMPBELL, Simon Fraser, Dr Director 2000-02-29 2002-03-27
CARTHY, Mark Director 2001-05-18 2009-07-23
FELLNER, Peter John, Dr Director 2002-03-27 2011-07-20
GEHRKE, Michael Edward Director 2023-03-01 2024-03-01
GOREN, Amos Meir Director 2003-12-10 2011-07-20
HAINES, Timothy John Director 2000-06-29 2006-07-13
JHOTI, Harren Director 1999-05-18 2025-09-30
KOLA, Ismail, Dr Director 2010-05-01 2011-07-20
KUROGI, Yasuhisa, Dr Director 2024-03-01 2025-03-01
MANUSO, James S J, Dr Director 2011-07-20 2014-01-01
MOLKENTIN, Michael Director 2011-07-20 2014-01-01
OLIVER DE VEZIN, Edmund Martin Director 2009-09-15 2011-07-20
OLIVIER DE VEZIN, Edmund Martin Director 1999-10-19 2001-05-18
RICH, Michael William Nominee Director 1999-04-14 1999-05-18
RINGROSE, Peter Stuart, Dr Director 2005-01-01 2011-07-20
RINK, Timothy James, Dr Director 2000-02-29 2004-06-09
SAXE, Jon Sheldon Director 2001-12-10 2010-04-30
SOLARI, Roberto Celeste Ercole, Dr Director 1999-05-18 2000-06-29
SUDO, Toshiki Director 2015-05-23 2025-09-30
VAN BENEDEN, Patrick Director 2001-04-24 2011-07-20
WARNER, William Director 1999-04-14 1999-05-18

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Otsuka America Inc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 244 total filings

Date Type Category Description
2026-02-25 AA accounts Accounts with accounts type full PDF
2025-11-17 AP01 officers Appoint person director company with name date PDF
2025-11-13 AP01 officers Appoint person director company with name date
2025-11-13 TM01 officers Termination director company with name termination date
2025-11-13 TM01 officers Termination director company with name termination date
2025-05-02 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-11 AP01 officers Appoint person director company with name date
2025-04-11 AP01 officers Appoint person director company with name date
2025-04-11 AP01 officers Appoint person director company with name date
2025-04-10 TM01 officers Termination director company with name termination date
2025-04-10 TM01 officers Termination director company with name termination date
2025-03-07 AA accounts Accounts with accounts type full PDF
2024-05-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-04-09 AA accounts Accounts with accounts type full PDF
2024-03-12 AP01 officers Appoint person director company with name date
2024-03-08 TM01 officers Termination director company with name termination date
2023-05-24 AP01 officers Appoint person director company with name date
2023-05-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-03-14 AA accounts Accounts with accounts type full PDF
2022-05-03 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page